Why Live in Grayslake
Grayslake, located about 50 miles northwest of downtown Chicago, offers a unique small-town atmosphere with convenient transportation options. The village center, Grayslake's downtown area, features local businesses, dining options, and the Grayslake Heritage Center and Museum, which showcases the area's history. Popular dining spots include 129 Center Cut, known for its steaks and modern-rustic décor, and Fred’s Diner, a retro restaurant with charmingly snarky wait staff. The neighborhood includes historic homes from the early 20th century, such as spacious Victorian and Georgian houses, as well as more modest traditional homes. Surrounding areas feature Colonial Revival, split-level homes, and townhouses. Central Park, north of downtown, is a hub for recreation with playgrounds, walking trails, a performance pavilion, disc golf course, splash pad, sledding hill, and fishing pond. The Grayslake Aquatic Center, open from Memorial Day to Labor Day, offers water slides and a toddler section. Grays Lake, accessible from Jones Island Park, and an extensive bike trail system connect neighborhoods and parks. Schools in Grayslake are highly rated, including Woodview School, Grayslake Middle School, and Grayslake Central High School, which has strong college preparation resources. The area is safer than the national average, making it a practical choice for families. Grayslake is about 35 miles from O’Hare International Airport and 12 miles from the Wisconsin border, with public transportation options including the Pace bus system and two Metra commuter rail stops providing access to downtown Chicago.
Home Trends in Grayslake, IL
On average, homes in Grayslake, IL sell after 19 days on the market compared to the national average of 50 days. The median sale price for homes in Grayslake, IL over the last 12 months is $320,500, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$320,500
Median Single Family Sale Price
$325,450
Median Townhouse Sale Price
$349,495
Median 2 Bedroom Sale Price
$264,000
Average Price Per Sq Ft
$188
Number of Homes for Sale
31
Last 12 months Home Sales
208
Median List Price
$342,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%