What is the housing market like in Lake Forest today?
In May 2025, Lake Forest home prices were down 7.5% compared to last year, selling for a median price of $227K. On average, homes in Lake Forest sell after 8 days on the market compared to 4 days last year. There were 6 homes sold in May this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$226,700
-7.5% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Lake Forest, IN
$226,700
-7.5%
United States
To compare other locations to the Lake Forest and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Fort Wayne add value to a home.
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How hot is the Lake Forest housing market?
Lake Forest is very competitive. Homes sell in 7 days.
0
100
83
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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 7 days.
Hot homes
can sell for around list price and go pending in around 2 days.
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 Lake Forest housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Forest.
Flood Factor - Minor
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Forest has a minor risk of flooding. 38 properties in Lake Forest are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Lake Forest. Flood risk is increasing faster than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Lake Forest has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Forest is most at risk from hurricanes. 508 properties in Lake Forest have some risk of being in a severe wind event within the next 30 years.