Mundelein, Lake County, IL

Median Home Price Price

$358,658 $358.7K

Median Monthly Rent Rent

$1,964 $2K

15.0x

Market Snapshot

Mundelein, Lake County, IL is a city market with a median home price of $358,658, a median monthly rent of $1,964, a GRM of 15.0x, and a price-to-rent ratio of 15.2.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Explore the data
Region Show
Wauconda
$315K $1.7K 15.0x
Fox Lake Hills
$276K $1.9K 12.0x
Gurnee
$346K $2.0K 14.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Rockton, Winnebago County, IL
$266K $1.2K 18.0x
Plano, Kendall County, IL Explore deeper
$290K $2.1K 12.0x
Minooka, Kendall County, IL
$351K $1.8K 16.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
South Hampton, Rockingham County, NH Explore deeper
$722K $2.1K 29.0x
New Haven, Allen County, IN
$228K $1.3K 15.0x
Hampden, Penobscot County, ME
$333K $1.5K 18.0x

Home prices

Monthly rent

GRM = home price / annual rent

Mundelein

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Benchmark comparison

Rent in Mundelein, IL is 13.7% higher than Wauconda, IL.

Compare to Wauconda, IL
Mundelein, IL
Wauconda, IL
Delta
Median rent
$1,964
$1,727
-$237
Median price
$358,658
$315,380
-$43,278
YoY change
+$179
+$167
-$12
Price-to-rent
15.2x
15.2x
0.0x

Key takeaways

  • Mundelein, Lake County, IL has a middle-grm screening profile: At 15.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $179 year over year.
  • Rent in Mundelein, IL is 13.7% higher than Wauconda, IL.