Housing & Real Estate — Forest Lake, Illinois

Overview

Total Housing Units737
Occupied659
Vacant78
Owner-Occupied623
Renter-Occupied36
Median Home Value (Census)$346,400
Estimated 2026~$422,000
Median RentN/A/mo
Median Property Tax$6,185/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of IncomeN/A%
Severely Rent-Burdened100.0%

Housing Age

Built 2010 or later0
Built 2000-2009258
Built 1990-1999240
Built before 1960151
Median Year Built1993
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.