The Grayslake housing market is very competitive. Homes in Grayslake receive 3 offers on average and sell in around 44 days. The median sale price of a home in Grayslake was $323K last month, down 14.2% since last year. The median sale price per square foot in Grayslake is $186, down 0.8% since last year.
What is the housing market like in Grayslake today?
In July 2025, Grayslake home prices were down 14.2% compared to last year, selling for a median price of $323K. On average, homes in Grayslake sell after 44 days on the market compared to 41 days last year. There were 38 homes sold in July this year, up from 34 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$322,500
-14.2% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
Grayslake, IL
$322,500
-14.2%
United States
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How hot is the Grayslake housing market?
Grayslake is very competitive. Homes sell in 43 days.
0
100
75
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 43 days.
Hot homes
can sell for about 4% above list price and go pending in around 33 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Grayslake
Explore recent offers and recently sold homes in Grayslake
Recent offers
Offer Not Accepted|
8 Weeks Ago
~$375K Offer
Sold for $400K
3bd | 3ba | ~1,750sqft
Under List Price
6%
Days on Market
24
Competing Offers
—
Down Payment
<10%
Emanuel Arrambide
Grayslake Redfin Agent
multiple offers on this one. Sellers picked another offer.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Grayslake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Grayslake.
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Grayslake has a minor risk of flooding. 329 properties in Grayslake are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Grayslake. Flood risk is increasing slower than the national average.
73% of properties are at risk of wildfire over the next 30 years
Fire Factor
Grayslake has a moderate risk of wildfire. There are 6,138 properties in Grayslake that have some risk of being affected by wildfire over the next 30 years. This represents 73% of all properties in Grayslake.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Grayslake has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Grayslake is most at risk from hurricanes. 8,298 properties in Grayslake have some risk of being in a severe wind event within the next 30 years.