Market Summary

Gages Lake, Lake County, IL

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Median Home Price Price

$309,779 $309.8K

Median Monthly Rent Rent

$1,864 $1.9K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Lake County

Region Price Rent GRM Display
$254,905 $1,882 11.0x
$499,377 $1,856 22.0x
$350,225 $2,054 14.0x
$323,230 $1,460 18.0x
$391,236 $1,845 18.0x
$269,523 $1,888 12.0x
$271,052 $1,887 12.0x
$223,106 $1,497 12.0x
$358,658 $1,964 15.0x
$275,819 $1,894 12.0x
$280,269 $1,888 12.0x
$346,329 $2,046 14.0x
$774,220 $1,843 35.0x
$342,483 $1,934 15.0x
$690,056 $1,857 31.0x
$328,708 $1,845 15.0x
$315,380 $1,727 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Lake County

Region Price Rent GRM Display
$491,471 $1,876 22.0x
$428,914 $1,869 19.0x
$256,803 $1,361 16.0x
$277,380 $2,334 10.0x
$598,393 $1,883 26.0x
$729,252 $1,846 33.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
$256,583 $1,264 17.0x
$369,671 $1,733 18.0x
$401,211 $1,407 24.0x
$227,641 $1,260 15.0x
$363,213 $1,538 20.0x
$389,444 $1,632 20.0x
$476,690 $1,573 25.0x
$274,669 $1,266 18.0x
$238,763 $1,407 14.0x
$409,791 $1,090 31.0x
$288,517 $915 26.0x
$495,132 $1,775 23.0x
$189,942 $1,217 13.0x
$306,660 $1,780 14.0x
$274,728 $1,257 18.0x
$287,142 $1,347 18.0x

Home prices

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Monthly rent

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GRM

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Gages Lake

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Trend Insights

Median Rent in Gages Lake, IL is $1,864, with MoM change +$21 and YoY change +$172 pointing to positive momentum while volatility is low (std $44).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Gages Lake, IL.

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Metric
Base market Gages Lake, IL
Compare market Select a market
Delta vs base
Median rent
$1,864
N/A
Median price
$309,779
N/A
YoY change
+$172
N/A
Price-to-rent
13.8x
Data unavailable
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