Homes Under $500K in Lake Forest, IL

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4 Listings

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4 Listings

Price Reduced8Active

4 listings

Homes Under $500K in Lake Forest, IL

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4 Listings

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Homes Under $500K in Lake Forest, IL

4 Listings

Your local brokerage

Jeffrey Jonas

Realty.com

Lic. #471.004966

Call Jeffrey

Price Reduced8Active

Your local brokerage

Jeffrey Jonas

Realty.com

Lic. #471.004966

Call Jeffrey

$314,900

2 bd · 2 ba · 1,274 sqft

1301 N Western Avenue 237, Lake Forest, IL

Karen Schmid · Coldwell Banker Realty

17Active

$425,000

2 bd · 2 ba · 1,480 sqft

1350 N Western Avenue 205, Lake Forest, IL

Lisa Trace · @properties Christie's International Real Estate

Price Reduced19Active

$394,000

2 bd · 2 ba · 1,166 sqft

1301 N Western Avenue 231, Lake Forest, IL

Karen Schmid · Coldwell Banker Realty

Your local brokerage

Jeffrey Jonas

Realty.com

Lic. #471.004966

Call Jeffrey

32Active

$499,000

3 bd · 3 ba · 2,251 sqft

1111 S Waukegan Road 4, Lake Forest, IL

Ann Lyon · @properties Christie's International Real Estate

Listing data & MLS disclosures

Midwest Real Estate Data (MRED): Based on information submitted to the MLS GRID as of 2026-09-23 08:48:28 UTC. 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.

Lake Forest housing market

August 2026

Selling at 99.0% of asking price

Buyers here are paying below asking. MLS · 25 sales · as of Aug 31, 2026

Homes that sold · County records, as of Aug 28, 2026

Median sale price: $1,350,000$981,750–$2,111,250 typical range
Price per sq. ft.: $404
Sales: 36
Paid in cash: 52.8%

Homes on the market · MLS, as of Aug 31, 2026

Median days on market: 8 days

Price trend · Assessor repeat sales, as of Aug 31, 2026

Year-over-year: 14.6%

Lake Forest, IL community profile

Population: 19,537
Median income: $193,235
Housing units: 7,353
People per sq. mi.: 864.5
Area: 22.6 sq. mi.

Source: HJN community data

Explore Lake Forest homes

Your local brokerage

Jeffrey Jonas

Realty.com

Lic. #471.004966

Call Jeffrey

Listing data & MLS disclosures

Midwest Real Estate Data (MRED): Based on information submitted to the MLS GRID as of 2026-09-23 08:48:28 UTC. 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.

Lake Forest, IL community profile

Population: 19,537
Median income: $193,235
Housing units: 7,353
People per sq. mi.: 864.5
Area: 22.6 sq. mi.

Source: HJN community data

Lake Forest housing market

August 2026

Selling at 99.0% of asking price

Buyers here are paying below asking. MLS · 25 sales · as of Aug 31, 2026

Homes that sold · County records, as of Aug 28, 2026

Median sale price: $1,350,000$981,750–$2,111,250 typical range
Price per sq. ft.: $404
Sales: 36
Paid in cash: 52.8%

Homes on the market · MLS, as of Aug 31, 2026

Median days on market: 8 days

Price trend · Assessor repeat sales, as of Aug 31, 2026

Year-over-year: 14.6%

Registered offenders on the map

Registered offenders on the map

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Registered offenders on the map

Your local brokerage

Your local brokerage

Your local brokerage

Listing data & MLS disclosures

Lake Forest housing market

Homes that sold · County records, as of Aug 28, 2026

Homes on the market · MLS, as of Aug 31, 2026

Price trend · Assessor repeat sales, as of Aug 31, 2026

Lake Forest, IL community profile

Explore Lake Forest homes

Your local brokerage

Listing data & MLS disclosures

Lake Forest, IL community profile

Lake Forest housing market

Homes that sold · County records, as of Aug 28, 2026

Homes on the market · MLS, as of Aug 31, 2026

Price trend · Assessor repeat sales, as of Aug 31, 2026