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Advertise here →Green Oaks, IL · Market Data
Green Oaks, Illinois real estate market data.
Real estate market data for Green Oaks, IL (Lake County) — Census median home value $653,500, county listing prices up about 2.6% over the past year.
Green Oaks, IL is in Lake County, Illinois — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,085, with a median household income of $133,472. Census data puts Green Oaks's median home value at $653,500 (all owner-occupied homes); Lake County's current median listing price runs $487,500, up about 2.6% over the past year.
At a glance
Green Oaks market snapshot
Population
4,085
Median Household Income
$133,472
Median Home Value (city)
$653,500
Median Listing Price (Lake County)
$487,500
Median Gross Rent
$1,300/mo
Price Trend (YoY)
+2.6%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Green Oaks different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Green Oaks's median home value — across all owner-occupied homes, not just recent sales — at $653,500. Separately, Lake County's current median listing price (via Realtor.com data, 2026-06-01) runs $487,500. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Lake County's FHFA house price index shows a 6.73% annual change in 2025.
Population & Income
Green Oaks has an estimated population of 4,085 and a median household income of $133,472, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Green Oaks's Census-reported median home value works out to about 4.9x the area's median household income, and median gross rent runs roughly 12% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Green Oaks FAQ
What are home values like in Green Oaks, IL?
The Census Bureau's American Community Survey puts Green Oaks's median home value at $653,500. Lake County's current median listing price runs $487,500, up about 2.6% over the past year.
What is the population of Green Oaks, IL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Green Oaks's population at approximately 4,085.
What's the median rent in Green Oaks, IL?
The Census ACS estimates median gross rent in Green Oaks at approximately $1,300 per month.
What is the median household income in Green Oaks, IL?
Census ACS data puts the median household income in Green Oaks at approximately $133,472.
Is the Green Oaks housing market growing?
Lake County's FHFA house price index shows a 6.73% annual change in 2025.
Is Green Oaks, IL affordable relative to income?
Census ACS data puts Green Oaks's median home value at about 4.9 times the median household income, with median gross rent equal to roughly 12% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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