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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

$811,698

AVERAGE PRICE OF 258 HOMES

$545,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,275,234

AVERAGE PRICE OF 61 MULTI-MILLION DOLLAR HOMES

$1,087,365

AVERAGE PRICE OF 40 NEWLY BUILT HOMES

$825,444

AVERAGE PRICE OF 146 HOMES WITH A POOL

$760,929

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $811,698
Avg Bedrooms 3.39 beds
Avg Bathrooms 2.99 baths

Average Price by Bedrooms

1 bedroom $309,457
2 bedrooms $456,846
3 bedrooms $762,902
4 bedrooms $941,760
5 bedrooms $1,155,433
Lake Forest Home Price Trends
  4/2020 3/2020 2/2020 1/2020 12/2019
Total Listings 209 233 223 183 219
Average Price $827,488 $839,565 $836,697 $844,374 $828,434
Avg Price Change -1.46% +0.34% -0.92% +1.92% +3.53%
Median Price $798,060 $798,874 $762,250 $778,794 $775,370
Med Price Change -0.10% +4.80% -2.17% +0.44% +2.20%
Avg Bedrooms 3.49 beds 3.48 beds 3.46 beds 3.48 beds 3.41 beds
Avg Bathrooms 3.02 baths 3.09 baths 3.09 baths 3.08 baths 3.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Eltor 128 $826,813 56 days
Misvie 4 $446,200 191 days
Santia 1 $878,000 62 days
Trahil 14 $761,112 35 days
Trahil2 16 $673,406 41 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 258 $811,698 61 days
Distressed Homes 1 $545,000 325 days
Multi-Million Dollar Homes 61 $1,275,234 98 days
Newly Built Homes 40 $1,087,365 98 days
Homes with a Pool 146 $825,444 59 days
Reduced Price Homes 17 $760,929 67 days

School Data

Highly Rated Lake Forest Schools

9

SERRANO INTERMEDIATE SCHOOL
Middle School
Public

Coldwell Banker Residential Brokerage
Beth & Steve Faskowitz
27742 Vista Del Lago Suite J1
Mission Viejo, CA 92692
949-338-4631
949-510-3267
DRE# 01953514, 01968450

Based on information from California Regional Multiple Listing Service, Inc. as of May 29, 2020. 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.