Forest Lake, IL Real Estate & Homes For Sale

5 homes

Real Estate & Homes For Sale Near Forest Lake, IL

We found 30 more homes matching your filters just outside Forest Lake

Forest Lake, IL Real Estate Trends

Learn about the Forest Lake, IL housing market through trends and averages.

Affordability of Living in Forest Lake, IL

The median home value is $463,250
MonthMedian home value
May 2025$438k
June 2025$440k
July 2025$440k
August 2025$441k
September 2025$441k
October 2025$443k
November 2025$445k
December 2025$448k
January 2026$452k
February 2026$457k
March 2026$461k
April 2026$463k
View as a graph
Trends and affordability stats are provided by third party data sources.

Average Home Value in Forest Lake, IL, by Home Size

Currently, there is 1 new listing in Forest Lake, IL and 5 homes for sale.
Home SizeHome Value*
3 bedrooms (2 homes)$440,088
4 bedrooms (2 homes)$599,034
*Home value over the past month

What Locals Say about Forest Lake

  • Rebeccall
    "you need a car to get around and its a pain to get thru long grove snd deer park. takes forever to go a few miles. too much traffic on local 2 lane roads."
  • Retrotimeworks
    "Living in a lake neighborhood is relaxing and fells like vacationing. Property tax is low for the area since we're unincorporated. "
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information