Lyn Wise Group Market Intelligence
Lake Forest, IL 60045
Single-Family Homes
Updated Every Tuesday
Lake Forest, IL 60045
Mon May 04 2026
This week the median list price for Lake Forest, IL 60045 is $2,649,000 with the market action index hovering around 46. This is an increase over last month's market action index of 42. Inventory has decreased to 27.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices
Real-Time Market Profile
| Median List Price | $2,649,000 | |
| Median Price of New Listings | $2,142,500 | |
| Per Square Foot | $479 | |
| Average Days on Market | 133 | |
| Median Days on Market | 63 | |
| Price Decreased | 7% | |
| Price Increased | 0% | |
| Relisted | 37% | |
| Inventory | 27 | |
| Median Rent | ||
| Market Action | 46 | |
| Strong Seller's Market | ||
Despite this week’s down tic, the price trend in this zip code remains upward for several weeks. We’re within sight of the market peak, and we’ll assume this week’s change is just randomness unless we see a persistent downward push of the Market Action Index into the Buyer’s zone.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $3,900,000 | 8,135 | 1 - 2.5 acres | 6 | 6.5 | 25 | 1 | 0 | 49 |
| $3,050,000 | 5,077 | 1 - 2.5 acres | 4 | 4.5 | 17 | 0 | 2 | 133 |
| $2,499,900 | 6,578 | 1 - 2.5 acres | 5 | 5.5 | 28 | 1 | 1 | 42 |
| $1,462,500 | 3,038 | 0.25 - 0.5 acre | 4 | 3 | 53 | 2 | 2 | 45 |