Population: 21,159 · Density: 383.3/mi² · Median household income: $201,847
Typical home value: $884,762 · Homeownership: 87.4%
Data as of January 2026. Source: Realtor.com.
The LAKE FOREST, IL real estate market (60045) currently shows 62 active listings, with 28 pending sales. Homes are averaging 114 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 114 days on market compared to 76 days last year.
The median listing price has risen 4.8% year-over-year, from $1,860,000 to $1,950,000.
Whether you are buying or selling in LAKE FOREST, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60045 | Lake Forest, IL 60045 | 0.0 mi | 62 | $187,589,866 | $1,950,000 | $3,025,643 |
| 60040 | Highwood, IL 60040 | 3.7 mi | 2 | $1,149,900 | $574,950 | $574,950 |
| 60015 | Deerfield, IL 60015 | 4.5 mi | 45 | $46,467,675 | $759,450 | $1,032,615 |
| 60035 | Highland Park, IL 60035 | 4.8 mi | 59 | $85,258,245 | $907,500 | $1,445,055 |
| 60064 | North Chicago, IL 60064 | 5.9 mi | 10 | $2,283,580 | $219,900 | $228,358 |
| 60062 | Northbrook, IL 60062 | 7.8 mi | 88 | $100,544,576 | $769,990 | $1,142,552 |
| 60085 | Waukegan, IL 60085 | 8.1 mi | 52 | $13,869,544 | $249,000 | $266,722 |
| 60060 | Mundelein, IL 60060 | 9.0 mi | 77 | $49,403,816 | $459,995 | $641,608 |
| 60070 | Prospect Heights, IL 60070 | 9.7 mi | 34 | $11,828,566 | $249,500 | $347,899 |
| 60026 | Glenview, IL 60026 | 10.2 mi | 12 | $9,849,768 | $750,000 | $820,814 |
| 60074 | Palatine, IL 60074 | 10.9 mi | 61 | $25,832,036 | $265,000 | $423,476 |
| 60030 | Grayslake, IL 60030 | 11.2 mi | 63 | $24,964,569 | $347,450 | $396,263 |
| 60025 | Glenview, IL 60025 | 11.7 mi | 79 | $69,381,592 | $489,900 | $878,248 |
As of January 2026, there are 62 active listings in LAKE FOREST, IL (zip code 60045), compared to 64 the prior year.
The median listing price in LAKE FOREST, IL 60045 is $1,950,000 as of January 2026, a 4.8% increase from $1,860,000 the prior year.
Homes in LAKE FOREST, IL 60045 spend an average of 114 days on the market before going under contract, compared to 76 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAKE FOREST, IL 60045 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 114 days on market compared to 76 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE FOREST, IL 60045 save an estimated $39,000 compared to a typical 5% commission on the median listing price of $1,950,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.