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Grayslake Real Estate Update – 2019

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Grayslake Real Estate Market Overview

About Grayslake, IL

Grayslake is a village in Lake County, Illinois. It’s about 40 miles north of Chicago and is home to the College of Lake County, the University Center of Lake County and the Lake County Fairgrounds.

  • Population: 21.2k
  • Median age: 37.2
  • Median household income: $86,861
  • Median property value: $220,700
  • Homeownership rate: 69.8%
  • Average commute: 28.3 minutes

Source: Datausa.io

Most Recent: Northern Illinois Real Estate Update 2020

The Current Grayslake Market

As of the June 29, 2019, the median home value in Grayslake is $217,200. Grayslake home values have gone up 1.5% over the past year and are predicted to rise 1.0% within the next year. The median list price per square foot in Grayslake is $125, which is lower than the Chicago-Naperville-Elgin Metro average of $171. The median price of homes currently listed in Grayslake is $239,900.

The percent of delinquent mortgages in Grayslake is 0.7%, which is lower than the national value of 1.1%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Grayslake homeowners underwater on their mortgage is 10.0%, which is lower than Chicago-Naperville-Elgin Metro at 13.5%.

Source: Zillow

If Bee Sure Home Inspections can help you with home inspection services, we invite you to give us a call or send us a message and let us know how we can help you with your inspection needs.

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Contact Me

jrinspect1@comcast.net

773-425-8275

773-425-8275

528 Kelly Avenue
Grayslake, IL 60030

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Bee Sure Home Inspection Services, LLC provides residential home inspections, Radon, Water & Mold Testing to Chicagoland/North Suburbs including Grayslake, Gurnee, Lake Villa, Lindenhurst, Hawthorn Woods, Mundelein, and Round Lake Beach, Illinois. Our service areas cover Lake County, McHenry County, and Northern Cook County, Illinois.

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IL Inspectors Lic. 450.001299

Entity Lic. 451.000421

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