The median home value in Forest Lake, IL is $347,200. This is higher than the county median home value of $296,900. The national median home value is $338,100. The average price of homes sold in Forest Lake, IL is $347,200. Approximately 81.53% of Forest Lake homes are owned, compared to 0% rented, while 18.48% are vacant. Forest Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Forest Lake real estate agent to arrange a tour today!
Forest Lake, Illinois has a population of 1,476. Forest Lake is less family-centric than the surrounding county with 28.27% of the households containing married families with children. The county average for households married with children is 36.27%.
The median household income in Forest Lake, Illinois is $134,821. The median household income for the surrounding county is $97,127 compared to the national median of $69,021. The median age of people living in Forest Lake is 43.7 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 12.3 degrees. The average rainfall is approximately 37.5 inches per year, with 37.7 inches of snow per year.