Gurnee, IL · Market Data

Gurnee, Illinois real estate market data.

Real estate market data for Gurnee, IL (Lake County) — Census median home value $331,100, county listing prices up about 2.6% over the past year.

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Gurnee, 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 30,486, with a median household income of $121,410. Census data puts Gurnee's median home value at $331,100 (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

Gurnee market snapshot

Population

30,486

Median Household Income

$121,410

Median Home Value (city)

$331,100

Median Listing Price (Lake County)

$487,500

Median Gross Rent

$1,594/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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Why Gurnee

What makes Gurnee different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Gurnee's median home value — across all owner-occupied homes, not just recent sales — at $331,100. 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

Gurnee has an estimated population of 30,486 and a median household income of $121,410, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Gurnee's Census-reported median home value works out to about 2.7x the area's median household income, and median gross rent runs roughly 16% 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

Gurnee FAQ

What are home values like in Gurnee, IL?

The Census Bureau's American Community Survey puts Gurnee's median home value at $331,100. Lake County's current median listing price runs $487,500, up about 2.6% over the past year.

What is the population of Gurnee, IL?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Gurnee's population at approximately 30,486.

What's the median rent in Gurnee, IL?

The Census ACS estimates median gross rent in Gurnee at approximately $1,594 per month.

What is the median household income in Gurnee, IL?

Census ACS data puts the median household income in Gurnee at approximately $121,410.

Is the Gurnee housing market growing?

Lake County's FHFA house price index shows a 6.73% annual change in 2025.

Is Gurnee, IL affordable relative to income?

Census ACS data puts Gurnee's median home value at about 2.7 times the median household income, with median gross rent equal to roughly 16% 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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