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Lake Forest

Why you'd want to live in Lake Forest

With an area of approximately 17 square miles, Lake Forest is home to 19,375 people according to the 2010 Census. The City of Lake Forest was incorporated as a city under a special charter granted by the Illinois State Legislature in 1861 that permits Lake Forest to be administered efficiently and economically with a minimum number of separate government bodies. The City Council is the legislative and policy-making body and includes the Mayor and two Aldermen from each of the City's four wards. The City operates under the council-manager form of government with the day-to-day operations of the City in the hands of a full-time, professional City Manager who is appointed by the Mayor with the approval of the City Council. Residents are provided excellent educational opportunities through the public and private elementary and high schools, as well as Lake Forest College and the Lake Forest Graduate School of Management. You can learn more information about the schools, Lake Forest Hospital and the diverse organizations that compose the fabric of our community by selecting "Links" above. With its natural beauty every season, Lake Forest is a remarkable community because of the individuals who call it home. via City of Lake Forest

Lake Forest Market Report

$858,885

AVERAGE PRICE OF 283 HOMES

$540,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,362,623

AVERAGE PRICE OF 87 MULTI-MILLION DOLLAR HOMES

$989,434

AVERAGE PRICE OF 21 NEWLY BUILT HOMES

$924,226

AVERAGE PRICE OF 155 HOMES WITH A POOL

$734,418

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $858,885
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.86 baths

Average Price by Bedrooms

1 bedroom $352,560
2 bedrooms $422,032
3 bedrooms $807,718
4 bedrooms $1,047,803
5 bedrooms $1,477,379
Lake Forest Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 277 273 274 227 n/a
Average Price $846,487 $833,187 $804,238 $787,531 n/a
Avg Price Change +1.60% +3.60% +2.12% n/a n/a
Median Price $863,227 $846,727 $811,322 $810,531 n/a
Med Price Change +1.95% +4.36% +0.10% n/a n/a
Avg Bedrooms 3.2 beds 3.18 beds 3.16 beds 3.11 beds n/a
Avg Bathrooms 2.8 baths 2.81 baths 2.8 baths 2.76 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
El Toro 113 $940,006 31 days
Middletown 1 $420,000 41 days
Mission Viejo 8 $490,850 50 days
Trabucco Hills 8 $763,961 21 days
Trabuco Hills 20 $937,300 32 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 283 $858,885 34 days
Distressed Homes 2 $540,000 60 days
Multi-Million Dollar Homes 87 $1,362,623 34 days
Newly Built Homes 21 $989,434 66 days
Homes with a Pool 155 $924,226 31 days
Reduced Price Homes 11 $734,418 29 days
Coldwell Banker Realty
Beth & Steve Faskowitz
27111 Camino De Estrella
Dana Point, CA 92624
949-338-4631
949-510-3267
DRE# 01953514, 01968450

Based on information from California Regional Multiple Listing Service, Inc. as of July 26, 2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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