Downtown · Fort Sheridan
Data as of March 2026. Source: Realtor.com.
The LAKE FOREST, IL real estate market (60045) currently shows 85 active listings, with 45 pending sales. Homes are averaging 38 days on the market before going under contract.
Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 38 days on market compared to 40 days last year.
The median listing price has risen 7.6% year-over-year, from $1,800,000 to $1,937,250.
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.
Population: 21,159 · Density: 383.3/mi² · Median household income: $201,847
Typical home value: $884,762 · Homeownership: 87.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60045 | Lake Forest, IL 60045 | 0.0 mi | 66 | $185,495,310 | $1,949,375 | $2,810,535 |
| 60040 | Highwood, IL 60040 | 3.7 mi | 5 | $2,688,835 | $462,500 | $537,767 |
| 60015 | Deerfield, IL 60015 | 4.5 mi | 60 | $65,917,080 | $812,000 | $1,098,618 |
| 60035 | Highland Park, IL 60035 | 4.8 mi | 84 | $118,637,820 | $817,000 | $1,412,355 |
| 60064 | North Chicago, IL 60064 | 5.9 mi | 11 | $2,639,989 | $243,700 | $239,999 |
| 60062 | Northbrook, IL 60062 | 7.8 mi | 115 | $122,419,570 | $627,000 | $1,064,518 |
| 60085 | Waukegan, IL 60085 | 8.1 mi | 42 | $11,587,926 | $257,275 | $275,903 |
| 60060 | Mundelein, IL 60060 | 9.0 mi | 91 | $57,049,720 | $439,995 | $626,920 |
| 60070 | Prospect Heights, IL 60070 | 9.7 mi | 34 | $11,799,564 | $222,500 | $347,046 |
| 60026 | Glenview, IL 60026 | 10.2 mi | 13 | $10,187,047 | $739,000 | $783,619 |
| 60074 | Palatine, IL 60074 | 10.9 mi | 67 | $29,664,987 | $296,975 | $442,761 |
| 60030 | Grayslake, IL 60030 | 11.2 mi | 66 | $26,088,150 | $344,250 | $395,275 |
| 60025 | Glenview, IL 60025 | 11.7 mi | 79 | $79,191,733 | $597,475 | $1,002,427 |
As of March 2026, there are 85 active listings in LAKE FOREST, IL (zip code 60045), compared to 95 the prior year.
The median listing price in LAKE FOREST, IL 60045 is $1,937,250 as of March 2026, a 7.6% increase from $1,800,000 the prior year.
Homes in LAKE FOREST, IL 60045 spend an average of 38 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of March 2026, LAKE FOREST, IL 60045 is currently a Seller's Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 38 days on market compared to 40 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE FOREST, IL 60045 save an estimated $38,745 compared to a typical 5% commission on the median listing price of $1,937,250. 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.