Vernon Hills, Lake County, IL

Median Home Price Price

$421,886 $421.9K

Median Monthly Rent Rent

$2,401 $2.4K

15.0x

Market Snapshot

Vernon Hills, Lake County, IL is a city market with a median home price of $421,886, a median monthly rent of $2,401, a GRM of 15.0x, and a price-to-rent ratio of 14.6.

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.

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Monthly rent

GRM = home price / annual rent

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Home prices

Monthly rent

GRM = home price / annual rent

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Home prices

Monthly rent

GRM = home price / annual rent

Vernon Hills

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Benchmark comparison

Compare Vernon Hills, IL to another market.

Compare to Buffalo Grove, IL
Vernon Hills, IL
Buffalo Grove, IL
Delta
Median rent
$2,401
N/A
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Median price
$421,886
N/A
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YoY change
+$230
N/A
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Price-to-rent
14.6x
Data unavailable
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Key takeaways

  • Vernon Hills, 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 $230 year over year.
  • Next discovery step: compare Buffalo Grove, Lake County, IL from the Same county set.