Housing in Gurnee, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$405,000

Median List Price

$325,000

Price Per Sq Ft

$183

Days on Market

71

Active Inventory

49

Months of Supply

2.5

Seller's market

Zillow Home Value

$356,717

ZHVI — January 2026

Zillow Rent Index

$1,861

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 31.5%List Price 18.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

29.6%

Sale-to-List Ratio

98.9%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
29.6%
Listings with Price Drops
12.2%

Market Activity

Source: Redfin

Homes Sold

20

New Listings

24

Pending Sales

27

Homes Sold 25.9%New Listings 29.4%Pending 3.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$183

Median List $/SF

$187

Sale $/SF 6.4%List $/SF 11.3%Mar 24Jan 26

Gurnee vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Gurnee is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$331,100

Median Rent

$1,594

Total Housing Units

12,055

Vacancy Rate

3.0%

Owner Occupied

74.4%

Renter Occupied

25.6%

Median Property Tax

$8,272

per year

Monthly Cost (w/ Mortgage)

$1,886

Housing Types

Single Family
74.7%
Multi-Family
25.2%
Mobile Home
0.1%

The current median sale price in Gurnee, IL is $405,000 according to Redfin data. Homes spend a median of 71 days on the market. 20.0% of homes sold above asking price. The market has 2.5 months of supply. The median price per square foot is $183. Zillow's observed rent index is $1,861/month. About 74.4% of housing units are owner-occupied. The median year homes were built is 1992. There are 12,055 total housing units.