Single-family Foreclosures in Gurnee, IL

Current Market Conditions in Gurnee, IL

The current real estate market in Gurnee is competitive, with rising home values driven by demand for family-oriented communities and well-rated schools. Buyers are showing interest in single-family homes, particularly those that are well-maintained and offer modern amenities. The market has seen an uptick in sales, attributed to low-interest rates and a stable job market.

In recent months, the Gurnee real estate market has continued to experience positive growth, with a noted increase in the average home price. More families are moving to the area in search of quality housing and a desirable lifestyle, making it an attractive market for both buyers and investors.

Rent Prices In Gurnee, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gurnee, IL, is on a rollercoaster ride. The average rent price in Gurnee, IL, is $1,907.00. Indeed, when looking to rent in Gurnee, IL, you can expect to pay as little as $850.00 or as much as $4,380.00, with the average rent median estimated to be $1,840.00. The good news is that finding an affordable and desirable property to rent in Gurnee, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.