Current Price

$228,197

1 Month Forecast

â–² $253,093

1-Year Forecast *

â–² $265,055

5-Year Forecast *

â–² $314,513

"Is it a good time to buy homes in Long Lake?" "Does investing in real estate in Long Lake (Illinois State, Lake County) worth it?" According to our live Forecast System, buying a house in Long Lake is a good short-term (1-year) investment*. The Long Lake average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Long Lake" 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 Long Lake in Illinois State, Lake County. If you are looking for homes for sale with good flipping profit, Long Lake can be a profitable property investment option. The median price of an average house in Long Lake was 228,197 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Long Lake" area is 314,513 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +37.83% meaning that investing 100000 USD today may yield a profit of 37,826 USD by 2031.

Current Median Listing Price: 228,197 USD Median Listing Price Per Square Foot: 127 USD

Long Lake 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.

Long Lake (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.

Long Lake Price Target

Long Lake median home price target in 12 months: $265,055* (upside of 16.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $250,056 $250,930 $250,056 $251,831
2024 $211,390 $228,197 $211,390 $228,197
2023 $194,684 $210,166 $194,369 $210,166
2022 $185,837 $195,670 $185,837 $201,992
2021 $168,276 $183,468 $168,276 $185,008
2020 $149,370 $165,411 $149,370 $165,411
2019 $145,921 $149,110 $145,921 $150,649
2018 $142,588 $145,030 $142,588 $147,032
2017 $131,241 $141,602 $131,241 $141,602
2016 $120,191 $129,949 $120,191 $129,949
2015 $106,374 $119,403 $106,374 $119,403
2014 $91,574 $105,963 $91,574 $105,963
2013 $87,801 $90,665 $87,801 $90,665
2012 $83,497 $87,022 $83,474 $87,022

Questions & Answers about the Long Lake Housing Market Forecast

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

The value of an average home (the listing price) in Long Lake is $228,197 USD.

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

According to Walletinvestor the median price per square foot in Long Lake is 127 USD.

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

Yes. The Long Lake home prices may rise from 228,197 USD to 265,055 USD in one year.

Is it profitable to invest in Long Lake homes?

Yes. The long-term profit potential is +16.15% in one year.

Will Long Lake house prices fall / drop?

No. See above.

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

The predicted home sales price of a Long Lake home in 2030 in Long Lake is 306,963 USD.

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

The predicted home sales price of a Long Lake home in 2035 in Long Lake is 386,072 USD.

Will real estate prices decrease in Long Lake?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Long Lake is the 11124. largest city in the United States, located in Illinois State.

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

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

Median home values decreased by 9.358% to 228,197 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 16.212% in 2021
  • 15.222% in 2022
  • 14.902% in 2023
  • 15.862% in 2024
  • 17.422% in 2025
  • 17.472% in 2026

Based on our Long Lake real estate market research and report the predicted sales prices will increase by 346.965% in the next 10 years.

Over the last 12 months, the value of homes in Long Lake fluctuated: increasing 1 times and decreasing 3 times.

Long Lake (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
Long Lake Housing Market Forecast with Real Estate Prices for 2025
August 2025 253093 240438 265747
September 2025 255274 231533 279014
October 2025 257474 231984 282964
November 2025 259692 236320 283065
December 2025 260488 245119 275856
Long Lake Housing Market Forecast with Real Estate Prices for 2026
January 2026 259921 245885 273956
February 2026 258706 238268 279144
March 2026 257950 237829 278070
April 2026 258319 241012 275627
May 2026 260546 239962 281129
June 2026 262791 237563 288019
July 2026 265055 248622 281489
August 2026 267340 253973 280707
September 2026 269643 254813 284474
October 2026 271967 256737 287197
November 2026 272672 251676 293667
December 2026 271467 254908 288027
Long Lake Housing Market Forecast with Real Estate Prices for 2027
January 2027 269900 255595 284204
February 2027 268341 246606 290077
March 2027 266792 246249 287335
April 2027 265595 252315 278874
May 2027 264255 243379 285132
June 2027 263828 248526 279130
July 2027 264577 249232 279923
August 2027 266342 242104 290579
September 2027 268637 244728 292545
October 2027 270952 250630 291273
November 2027 273287 247051 299522
December 2027 275642 248629 302655
Long Lake Housing Market Forecast with Real Estate Prices for 2028
January 2028 277605 257340 297870
February 2028 278829 257638 300020
March 2028 280045 258482 301609
April 2028 281413 257212 305615
May 2028 283052 263804 302299
June 2028 285094 263712 306476
July 2028 287551 261671 313431
August 2028 290029 273787 306271
September 2028 292528 274099 310958
October 2028 295049 278526 311572
November 2028 296622 279122 314123
December 2028 298163 276994 319333
Long Lake Housing Market Forecast with Real Estate Prices for 2029
January 2029 299316 272377 326254
February 2029 300357 280233 320481
March 2029 301081 276693 325468
April 2029 302284 287170 317398
May 2029 304889 278364 331414
June 2029 306495 290557 322432
July 2029 306963 281485 332441
August 2029 307053 282182 331924
September 2029 306685 289511 323859
October 2029 306151 278292 334011
November 2029 305955 278419 333491
December 2029 308592 281127 336056
Long Lake Housing Market Forecast with Real Estate Prices for 2030
January 2030 311251 293198 329304
February 2030 313933 286307 341559
March 2030 316639 299223 334054
April 2030 317608 289658 345557
May 2030 316917 294416 339418
June 2030 315436 286731 344141
July 2030 314513 298788 330239
August 2030 314964 284728 345201
September 2030 317679 286546 348811
October 2030 320416 301832 339000
November 2030 323178 296031 350324
December 2030 325963 303145 348780
Long Lake Housing Market Forecast with Real Estate Prices for 2031
January 2031 328772 312004 345539
February 2031 331605 307398 355812
March 2031 332464 306864 358063
April 2031 330995 305177 356813
May 2031 329084 303086 355082
June 2031 327184 294793 359575
July 2031 325295 308705 341885
August 2031 323835 302138 345532
September 2031 322202 289982 354422
October 2031 321681 298520 344842
November 2031 322594 303884 341305
December 2031 324746 302663 346828
Long Lake Housing Market Forecast with Real Estate Prices for 2032
January 2032 327544 294790 360299
February 2032 330367 301955 358778
March 2032 333214 310555 355872
April 2032 336085 309871 362300
May 2032 338479 316139 360819
June 2032 339971 315833 364109
July 2032 341454 317211 365698

> 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.