- 3 bd
- 3 ba
- 1,735 sqft

The average Forest Lake, IL home value is $477,441, up 6.7% over the past year. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $477,441
1-Year Value Change: +6.7%
(Data through August 31, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The median home value in Forest Lake, IL is $477,441 as of August 2026. This represents a 0.6% increase compared to last month and a 6.7% increase year-over-year.
Home values in Forest Lake, IL have increased by 0.6% month-over-month and 6.7% year-over-year.
The median home value in Forest Lake, IL ($477,441) compares to: Lake County ($399,526), Illinois ($297,573), and the U.S. national median ($368,697).