Grayslake, IL, Real Estate

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Grayslake, Illinois, is a charming village in Lake County, about 40 miles north of Chicago, blending small-town warmth with convenient access to urban amenities. Known for its vibrant community and picturesque settings, Grayslake boasts a bustling downtown with local shops, restaurants, and the historic Grayslake Heritage Center & Museum, which celebrates the village’s rich history. The area is home to scenic lakes, parks, and trails, including the popular Rollins Savanna Forest Preserve, offering residents and visitors ample opportunities for outdoor recreation. With a strong sense of community, top-rated schools, and events like the Grayslake Farmers Market and summer festivals, Grayslake is a welcoming destination for families and professionals alike.

Grayslake currently has 79 single family homes for sale with an average list price of $411,690.49, 17 townhouses for sale with an average list price of $316,734.65, 4 condos for sale with an average list price of $268,425, and 15 lots for sale with an average list price of $1,811,059.93. The average annual property tax for Grayslake is $7,253.20.

Current Homes for Sale

Homes 79 for sale

Condos 4 for sale

Townhouses 17 for sale

Multi-unit 1 for sale

Lots/Land 15 for sale

Short Sales 1 for sale

Foreclosures 3 for sale

New Construction 7 for sale

Photos

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Schools

School	District	Level	Grades
Adler Park School	Libertyville District 70	Elementary	P-5
Avon Center Elementary School	Community Consolidated School District 46	Elementary	K-4
Butterfield School	Libertyville District 70	Elementary	K-5
Fremont Elementary School	Fremont School District 79	Elementary	K-2
Grass Lake Elementary School	Harrison School District 36	Elementary	P-8
Meadowview School	Community Consolidated School District 46	Elementary	K-4
Mechanics Grove Elementary School	Mundelein School District 75	Elementary	2-5
Prairieview School	Community Consolidated School District 46	Elementary	P-4
Robert Crown Elementary School	Wauconda Community Unit School District 118	Elementary	P-5
Woodland Elementary School	Woodland School District 50	Elementary	1-3
Woodland Intermediate School	Woodland School District 50	Elementary	4-5
Woodland Primary School	Woodland School District 50	Elementary	P,K
Woodview School	Community Consolidated School District 46	Elementary	K-4
Carl Sandburg Middle School	Mundelein School District 75	Middle	6-8
Frederick School	Community Consolidated School District 46	Middle	5-6
Fremont Middle School	Fremont School District 79	Middle	6-8
Grayslake Middle School	Community Consolidated School District 46	Middle	7-8
Highland Middle School	Libertyville District 70	Middle	6-8
Matthews Middle School	Wauconda Community Unit School District 118	Middle	6-8
Woodland Middle School	Woodland School District 50	Middle	6-8
Grayslake Central High School	Grayslake Community High School District 127	High	9-12
Grayslake North High School	Grayslake Community High School District 127	High	9-12
Libertyville High School	Community High School District 128	High	9-12
Mundelein Cons High School	Mundelein High School District 120	High	9-12
Warren Township High School	Warren Township	High	9-12
Wauconda Community High School	Wauconda Community Unit School District 118	High	9-12

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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Grayslake, i.e. what's hot and what's not.

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Recent Sales

33601 N Royal Oak Ln. #207

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Recent Sales

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Train Stations

	Station	Line(s)	Address
	Grayslake	Line(s): Milwaukee District / North Line (MD-N)	[Address Unavailable], Grayslake	View Commute
	Washington St. / Grayslake	Line(s): North Central Service (NCS)	330 Washington St., Grayslake	View Commute

Train Stations

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Subdivisions/Buildings

	Subdivisions/Buildings	Median Price
	Allen Farm Allen Farm is a single-family home community in Grayslake, Illinois, built between 1920 and 2005. It currently has 2 single family homes for sale with an average list price of $346,950. The homes range in size from 960 ft2 to 2,229 ft2. The HOA fees range from $5 to $20 per month. The average annual property tax for Allen Farm is $4,929.34. It is located in Lake County. Allen Farm is a single family home subdivision. Allen Farm is located in Grayslake, Illinois east of Route 45 and south of Gages Lake Road. ... Read more	Median Price: $261,000
	Arbor Vista Arbor Vista is a single-family home community in Grayslake, Illinois, built between 1925 and 1987. It currently has 1 single family home for sale with a list price of $550,000. The homes range in size from 1,722 ft2 to 5,500 ft2. The HOA fees range from $4 to $50 per month. The average annual property tax for Arbor Vista is $10,698.88. It is located in Lake County. Arbor Vista is a custom home neighborhood located on Arbor and 45 in Grayslake, Illinois. Arbor Vista features 131 homes backing to the Liberty Prairie Reserve a 5,800-acre focus area in central Lake County where 3,200 acres of public and private lands. Arbor Vista has ranches, split-levels, two-story colonials and contemporary homes. The community prior to development was the estate of Frederick and Mary Dobe. ... Read more	Median Price: $583,000
	Asters on Almond Asters on Almond is a townhouse and condo community in Grayslake, Illinois, built between 1997 and 2001. It currently has 1 townhouse for sale with a list price of $449,900. The homes range in size from 2,431 ft2 to 4,160 ft2. The HOA fees range from $370 to $370 per month. The average annual property tax for Asters on Almond is $10,734.66. It is located in Lake County. Asters on Almond is a townhouse community built in 1997 by Interlacken Construction. Asters on Almond features 62 town homes with five floor plans and is surrounded by protected conservancy. Asters on Almond is located in Grayslake, Illinois on Almond south of Gages Lake Road. ... Read more	Median Price: $449,000
	Avon on The Prairie Avon on The Prairie is a single-family home community in Grayslake, Illinois, built in 1984. It currently has no homes for sale. The homes have an average size of 1,500 ft2. The average annual property tax for Avon on The Prairie is $7,600.32. It is located in Lake County. Avon on The Prairie is a single family neighborhood in Grayslake, Illinois. Avon on The Prairie is located on Sheffield off Atkinson and Center east of 83. ... Read more
	Barron & Vonachens Barron & Vonachens is a single-family home community in Grayslake, Illinois, built in 1977. It currently has no homes for sale. The homes range in size from 1,760 ft2 to 2,416 ft2. The average annual property tax for Barron & Vonachens is $9,168.47. It is located in Lake County. Barron & Vonachens is a single family home subdivision built in the 1950's. Barron & Vonachens is located in Grayslake, Illinois off of Route 83 south of Washington Street. ... Read more

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Subdivisions/Buildings

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Market Trends

Grayslake home sales for the month of October decreased in volume by 46.3% when compared to last year, while the median sale price decreased by 17.9% from $325,000 to $266,750. House sales decreased by 67.7%, while the median sale price rose by 5% from $368,000 to $386,500. Condo sales stayed the same, while the median sale price stayed the same. Townhouse sales decreased by 20%, while the median sale price decreased by 7.5% from $262,500 to $242,937.50.

781	517	420	423
2021	2022	2023	2024
# of sales per year

$240,000	$265,000	$300,000	$306,500
2021	2022	2023	2024
median sale price per year

Median Sale Price for Grayslake

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Number of Sales for Grayslake

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Market Trends

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Nearby Parks

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Nearby Parks

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Nearby Golf Courses

Brae Loch Country Club

33600 N US Highway 45, Grayslake, IL 60030
Par 70 • 70 holes • 5876 yards

Nearby Golf Courses

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Real Estate News

	New Homes For Sale This Week in Grayslake: October 24th to October 30th - October 31, 2025 Grayslake had 12 new homes for sale during the week of Friday, October 24 to Thursday, October 30, including including 10 single family homes for sale with an average list ... continue reading
	Homes Just Sold in Grayslake: October 21st to October 27th - October 28, 2025 Grayslake had 4 sales during the week of Tuesday, October 21 to Monday, October 27, including including 3 single family homes for sale with an average list price of $392,666.67 ... continue reading
	New Homes with Master Bedrooms on the 1st Floor in Grayslake: October 18th to October 24th - October 25, 2025 Grayslake had 3 new homes for sale with a master bedroom on the first floor during the month of Saturday, October 18 to Friday, October 24, including 3 single ... continue reading
	New Homes For Sale This Week in Grayslake: October 17th to October 23rd - October 24, 2025 Grayslake had 12 new homes for sale during the week of Friday, October 17 to Thursday, October 23, including including 10 single family homes for sale with an average list ... continue reading
	Homes Just Sold in Grayslake: October 14th to October 20th - October 21, 2025 Grayslake had 7 sales during the week of Tuesday, October 14 to Monday, October 20, including including 3 single family homes for sale with an average list price of $462,300, ... continue reading