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Homes for Sale in Lake Forest, IL

131 listings available right now — swipe to find your perfect match.

Updated daily ·

38 new this week23 price drops
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131

Active Listings

$2,104,051

Avg. Price

$235,000

Starting From

$17,000,000

Up To

How much do homes cost in Lake Forest?

The median home price in Lake Forest is $1,600,000, with listings ranging from $235,000 to $17,000,000. Buyers can expect to pay around $445/sqft on average. Homes typically spend 76 days on market.

Price Distribution

Under $500K
2 (2%)
$500K-$1M
33 (25%)
$1M-$2.5M
61 (47%)
$2.5M-$5M
27 (21%)
$5M+
8 (6%)

Recent Price Drops in Lake Forest

23 Lake Forest homes dropped price in the last 30 days · average drop -4.9%.

And 17 more — sorted by largest drop first.

Featured Listings in Lake Forest

Swipe all 131

Best Value Picks in Lake Forest

Lake Forest homes priced below $445 per square foot — the city average. Sorted by lowest $/sqft.

Map of homes for sale in Lake Forest

Browse all 131 Lake Forest homes on the map

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Top-Rated Schools in Lake Forest

Schools serving multiple Lake Forest listings, rated 7+ on a 10-point scale.

Lake Forest High School

10/10

Sheridan Elementary School

10/10

Libertyville High School

10/10

Deer Path Middle School West

9/10

Deer Path Middle School East

8/10

Everett Elementary School

8/10

Cherokee Elementary School

8/10

Rondout Elementary School

8/10

About Lake Forest

Lake Forest is a city in Lake County, Illinois, United States. The population was 19,367 at the 2020 census. The city is along the shore of Lake Michigan, and is part of the Chicago metropolitan area and the North Shore. Lake Forest was founded with Lake Forest College and was laid out as a town in 1857, a stop for travelers making their way south to Chicago. The Lake Forest City Hall, designed by Charles Sumner Frost, was completed in 1898. It originally housed the fire department, the Lake Forest Library, and city offices. (Wikipedia)

Climate: Average year-round temperature is 51°F with 210 dry days per year and 36.7 inches of annual rainfall.

What types of homes are for sale in Lake Forest?

Single Family (116)Condo (10)Townhouse (5)

Lake Forest listings average 4.2 bedrooms, 4.8 bathrooms, and 4,579 square feet. The average year built is 1974. Single Family homes are the most common property type, making up 89% of available inventory.

Popular Neighborhoods in Lake Forest

North Shore104 listings
Forest Haven1 listing
Mettawa Woods1 listing

Find Your Dream Home in Lake Forest

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About Living in Lake Forest, Illinois

Right now there are 131 homes for sale across Lake Forest. Asking prices run from $235,000 to $17,000,000, landing on a $1,600,000 median, averaging $445 per square foot. The dominant property type is single family (89% of inventory). Condo (8%) and Townhouse (4%) round out the mix.

A typical Lake Forest listing offers 4.2 bedrooms, 4.8 bathrooms, 4,579 square feet. Average year built: 1974. Homes typically go under contract after 76 days on market.

North Shore, Forest Haven, Mettawa Woods are among the most-listed neighborhoods in Lake Forest. Each has its own character and price point — worth exploring whether you're optimizing for walkability, schools, views, or square footage.

HomeSwipr makes it quick to explore every listing in Lake Forest — swipe right on the ones that catch your eye and left on the rest. The app learns what you actually want with every swipe, so matches get sharper the more you use it.

Frequently asked questions about homes for sale in Lake Forest

How many homes are for sale in Lake Forest, IL?

There are 131 homes for sale in Lake Forest, IL right now, with prices ranging from $235,000 to $17,000,000. Inventory is refreshed daily from live listing feeds.

What is the median home price in Lake Forest?

The median home price in Lake Forest is $1,600,000, with an average of $2,104,051. Prices span $235,000 to $17,000,000 across 131 current listings.

What is the average price per square foot in Lake Forest?

The average price per square foot in Lake Forest is $445 based on current listings. Per-sqft varies meaningfully by neighborhood and property type within the city.

What types of homes are for sale in Lake Forest?

Single Family homes dominate Lake Forest inventory at 89% of listings. Condo (8%) and Townhouse (4%) round out the mix.

What does a typical Lake Forest home look like?

A typical Lake Forest listing offers 4.2 bedrooms, 4.8 bathrooms, and 4,579 square feet, with an average year built of 1974.

Which neighborhoods have the most listings in Lake Forest?

Active inventory in Lake Forest is concentrated in North Shore, Forest Haven, Mettawa Woods. Each neighborhood differs on price and property type, so comparing across them usually surfaces more range than a single one.

How long do Lake Forest homes stay on the market?

Lake Forest homes have been on the market an average of 76 days. Newer listings (under 7 days) typically indicate fresh inventory worth early attention.