Current Price

$1,064,901

1 Month Forecast

â–² $1,150,531

1-Year Forecast *

â–² $1,210,631

5-Year Forecast *

â–² $1,432,646

"Is it a good time to buy homes in Lake Forest?" "Does investing in real estate in Lake Forest (Illinois State, Lake County) worth it?" According to our live Forecast System, buying a house in Lake Forest is a good short-term (1-year) investment*. The Lake Forest average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Lake Forest" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Lake Forest in Illinois State, Lake County. If you are looking for homes for sale with good flipping profit, Lake Forest can be a profitable property investment option. The median price of an average house in Lake Forest was 1,064,901 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Lake Forest" area is 1,432,646 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +34.53% meaning that investing 100000 USD today may yield a profit of 34,533 USD by 2031.

Current Median Listing Price: 1,064,901 USD Median Listing Price Per Square Foot: 592 USD

Lake Forest Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Lake Forest (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Lake Forest Price Target

Lake Forest median home price target in 12 months: $1,210,631* (upside of 13.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $1,103,250 $1,145,218 $1,103,250 $1,145,218
2024 $998,258 $1,064,901 $998,258 $1,064,901
2023 $953,121 $993,482 $951,553 $993,482
2022 $872,884 $953,066 $872,884 $953,066
2021 $764,100 $863,622 $764,100 $863,622
2020 $745,213 $752,619 $718,265 $752,619
2019 $787,107 $748,065 $748,065 $787,107
2018 $805,951 $786,811 $786,811 $805,979
2017 $824,153 $806,486 $806,486 $826,910
2016 $855,585 $824,293 $824,293 $856,765
2015 $838,078 $851,762 $838,078 $851,762
2014 $806,230 $833,003 $806,230 $833,003
2013 $734,855 $798,478 $734,855 $798,478
2012 $694,649 $727,719 $694,649 $727,719

Questions & Answers about the Lake Forest Housing Market Forecast

How much does an average home cost in Lake Forest today?

The value of an average home (the listing price) in Lake Forest is $1,064,901 USD.

What is the average price per square foot in Lake Forest?

According to Walletinvestor the median price per square foot in Lake Forest is 592 USD.

Will the median listing price of homes in Lake Forest grow / rise / go up?

Yes. The Lake Forest home prices may rise from 1,064,901 USD to 1,210,631 USD in one year.

Is it profitable to invest in Lake Forest homes?

Yes. The long-term profit potential is +13.68% in one year.

Will Lake Forest house prices fall / drop?

No. See above.

What is the predicted price of a Lake Forest home in 2030?

The predicted home sales price of a Lake Forest home in 2030 in Lake Forest is 1,356,061 USD.

What is the predicted price of a Lake Forest home in 2035?

The predicted home sales price of a Lake Forest home in 2035 in Lake Forest is 1,695,375 USD.

Will real estate prices decrease in Lake Forest?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Lake Forest is the 3402. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Lake, Lake Forest decreased, looking at the past 12 months.

According to Walletinvestor's Lake Forest real estate market research, home values will increase in the next 12 months.

Median home values decreased by 4.816% to 1,064,901 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 15.185% in 2021
  • 13.425% in 2022
  • 13.245% in 2023
  • 14.875% in 2024
  • 12.355% in 2025
  • 15.485% in 2026

Based on our Lake Forest real estate market research and report the predicted sales prices will increase by 260.601% in the next 10 years.

Over the last 12 months, the value of homes in Lake Forest fluctuated: increasing 4 times .

Lake Forest (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Lake Forest Housing Market Forecast with Real Estate Prices for 2025
August 2025 1150531 1056188 1244875
September 2025 1155870 1052997 1258742
October 2025 1161232 1097365 1225100
November 2025 1166620 1087290 1245950
December 2025 1172033 1111087 1232978
Lake Forest Housing Market Forecast with Real Estate Prices for 2026
January 2026 1177470 1062078 1292863
February 2026 1182933 1121421 1244446
March 2026 1188422 1081464 1295380
April 2026 1193936 1090063 1297808
May 2026 1199475 1111913 1287037
June 2026 1205040 1139968 1270112
July 2026 1210631 1101674 1319588
August 2026 1216248 1133543 1298953
September 2026 1221891 1104589 1339192
October 2026 1227560 1118307 1336813
November 2026 1233255 1124729 1341782
December 2026 1237414 1163169 1311659
Lake Forest Housing Market Forecast with Real Estate Prices for 2027
January 2027 1235977 1166763 1305192
February 2027 1234672 1113674 1355669
March 2027 1237120 1130727 1343512
April 2027 1240173 1168243 1312103
May 2027 1240244 1123661 1356827
June 2027 1238261 1128056 1348467
July 2027 1238203 1124289 1352118
August 2027 1243088 1123752 1362425
September 2027 1248856 1146449 1351262
October 2027 1254650 1178116 1331183
November 2027 1260471 1169717 1351225
December 2027 1266319 1191606 1341032
Lake Forest Housing Market Forecast with Real Estate Prices for 2028
January 2028 1269256 1191831 1346680
February 2028 1269790 1170746 1368834
March 2028 1271076 1173203 1368949
April 2028 1275380 1186104 1364657
May 2028 1281297 1201857 1360738
June 2028 1287242 1173965 1400520
July 2028 1293215 1218208 1368221
August 2028 1299215 1192679 1405750
September 2028 1305242 1239980 1370505
October 2028 1310995 1237580 1384411
November 2028 1312903 1201306 1424499
December 2028 1314346 1190797 1437894
Lake Forest Housing Market Forecast with Real Estate Prices for 2029
January 2029 1319374 1196672 1442075
February 2029 1325495 1252593 1398397
March 2029 1331645 1226445 1436845
April 2029 1337360 1221009 1453710
May 2029 1343564 1265638 1421491
June 2029 1349798 1282308 1417288
July 2029 1356061 1235371 1476750
August 2029 1362352 1256089 1468616
September 2029 1368673 1293396 1443950
October 2029 1375023 1270521 1479525
November 2029 1380564 1290827 1470300
December 2029 1386969 1300977 1472961
Lake Forest Housing Market Forecast with Real Estate Prices for 2030
January 2030 1393404 1280538 1506270
February 2030 1399869 1304678 1495060
March 2030 1406364 1281197 1531530
April 2030 1412889 1319638 1506139
May 2030 1419444 1293113 1545774
June 2030 1426030 1336190 1515869
July 2030 1432646 1328063 1537229
August 2030 1439293 1299681 1578904
September 2030 1445971 1354874 1537067
October 2030 1452679 1317580 1587779
November 2030 1459419 1371854 1546984
December 2030 1466190 1344497 1587884
Lake Forest Housing Market Forecast with Real Estate Prices for 2031
January 2031 1472993 1325694 1620292
February 2031 1479827 1362921 1596733
March 2031 1486693 1372218 1601168
April 2031 1491706 1355961 1627451
May 2031 1489974 1400576 1579372
June 2031 1488400 1361886 1614914
July 2031 1491351 1360112 1622590
August 2031 1495032 1367954 1622110
September 2031 1495118 1345606 1644630
October 2031 1492727 1350918 1634537
November 2031 1492657 1373245 1612070
December 2031 1498546 1371170 1625923
Lake Forest Housing Market Forecast with Real Estate Prices for 2032
January 2032 1505499 1397103 1613895
February 2032 1512484 1412660 1612308
March 2032 1519501 1440487 1598515
April 2032 1526551 1448697 1604405
May 2032 1530091 1419925 1640258
June 2032 1530735 1400623 1660848
July 2032 1532286 1432687 1631884

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.