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Advertise here →Mundelein, IL · Market Data
Mundelein, Illinois real estate market data.
Real estate market data for Mundelein, IL (Lake County) — Census median home value $285,600, county listing prices up about 2.6% over the past year.
Mundelein, 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 31,632, with a median household income of $107,608. Census data puts Mundelein's median home value at $285,600 (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
Mundelein market snapshot
Population
31,632
Median Household Income
$107,608
Median Home Value (city)
$285,600
Median Listing Price (Lake County)
$487,500
Median Gross Rent
$1,564/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 Mundelein different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Mundelein's median home value — across all owner-occupied homes, not just recent sales — at $285,600. 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
Mundelein has an estimated population of 31,632 and a median household income of $107,608, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Mundelein's Census-reported median home value works out to about 2.7x the area's median household income, and median gross rent runs roughly 17% 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
Mundelein FAQ
What are home values like in Mundelein, IL?
The Census Bureau's American Community Survey puts Mundelein's median home value at $285,600. Lake County's current median listing price runs $487,500, up about 2.6% over the past year.
What is the population of Mundelein, IL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Mundelein's population at approximately 31,632.
What's the median rent in Mundelein, IL?
The Census ACS estimates median gross rent in Mundelein at approximately $1,564 per month.
What is the median household income in Mundelein, IL?
Census ACS data puts the median household income in Mundelein at approximately $107,608.
Is the Mundelein housing market growing?
Lake County's FHFA house price index shows a 6.73% annual change in 2025.
Is Mundelein, IL affordable relative to income?
Census ACS data puts Mundelein's median home value at about 2.7 times the median household income, with median gross rent equal to roughly 17% 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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