House Prices

House Prices & Home Values Gurnee, IL 2026


Average Data

average house price$275,544
average size per house1877 ft²
average price per ft²147 $ / ft²

04/21/2026 - The value range (VR) for house prices in Gurnee, IL is $143/ sqft to $143/ sqft. An average home with 1877 sqft costs approximately $268,411 to $268,411. Gurnee, IL includes 1 ZIP codes and it is located in Lake county. The lowest prices are found in ZIP 60031, while the highest are in ZIP 60031. The average price per sqare feet is $147. Our analysis is based on 15 property listings.

Avergage prices by ZIP codes Gurnee

60031138 $ / ft²




Historical development of home values in Gurnee

Year Estimated value (USD) Change vs. 2025
2010 $127,968 -53.6%
2011 $123,019 -55.4%
2012 $122,688 -55.5%
2013 $127,274 -53.8%
2014 $133,602 -51.5%
2015 $140,459 -49.0%
2016 $147,789 -46.4%
2017 $155,766 -43.5%
2018 $164,378 -40.3%
2019 $172,000 -37.6%
2020 $180,891 -34.4%
2021 $205,744 -25.3%
2022 $239,852 -13.0%
2023 $252,935 -8.2%
2024 $267,567 -2.9%
2025 $275,544 0.0%

Graph: estimated home values in Gurnee over time (USD)



Example: 100% financing house in Gurnee

Loan amount: $275,544

Interest rate: 6.00%

Fixed monthly payment: $1,652.03

Breakdown in the 1st month:
Interest portion: $1,377.72  –  Principal portion: $274.31

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,440.59 $3,383.71 $272,160.29
2 $16,231.89 $3,592.41 $268,567.87
3 $16,010.32 $3,813.98 $264,753.89
4 $15,775.08 $4,049.22 $260,704.67
5 $15,525.34 $4,298.97 $256,405.70
6 $15,260.18 $4,564.12 $251,841.58
7 $14,978.68 $4,845.63 $246,995.95
8 $14,679.81 $5,144.49 $241,851.46
9 $14,362.51 $5,461.80 $236,389.66
10 $14,025.64 $5,798.67 $230,590.99
11 $13,667.99 $6,156.32 $224,434.68
12 $13,288.28 $6,536.02 $217,898.65
13 $12,885.15 $6,939.15 $210,959.50
14 $12,457.16 $7,367.14 $203,592.36
15 $12,002.77 $7,821.53 $195,770.83
16 $11,520.36 $8,303.95 $187,466.88
17 $11,008.19 $8,816.12 $178,650.76
18 $10,464.43 $9,359.88 $169,290.89
19 $9,887.13 $9,937.17 $159,353.72
20 $9,274.23 $10,550.08 $148,803.64
21 $8,623.53 $11,200.78 $137,602.86
22 $7,932.69 $11,891.62 $125,711.24
23 $7,199.24 $12,625.07 $113,086.17
24 $6,420.55 $13,403.76 $99,682.42
25 $5,593.84 $14,230.47 $85,451.95
26 $4,716.13 $15,108.17 $70,343.77
27 $3,784.29 $16,040.01 $54,303.76
28 $2,794.98 $17,029.33 $37,274.43
29 $1,744.65 $18,079.66 $19,194.77
30 $629.53 $19,194.77 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Gurnee, IL


1500 sqft3900 sqft
Ø selling price$266,806$567,567
Ø fast selling$242,551$510,811
Ø high price sale$291,060$624,324

In 2026, houses in Gurnee, IL will be offered at an average price of $147 per square foot. A 1,500 sqft home priced at $266,806 is 22.13% more expensive per square foot than a 3,900 sqft home priced at $567,567. Home prices in Gurnee, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $392,932. Sellers who can wait longer may achieve a higher price of up to $480,250.


Guide to Gurnee, IL

Overview

Located in Lake County, Gurnee, IL is a family-friendly village strategically positioned between Chicago and Milwaukee along I-94.
Travelers and locals alike know it for Six Flags Great America and the massive Gurnee Mills outlet mall, two of the Midwest?s top attractions.

Attractions and Outdoors

From record-breaking roller coasters to seasonal events like Fright Fest and Holiday in the Park, Six Flags anchors the list of things to do in Gurnee.
Outdoor enthusiasts enjoy the Des Plaines River Trail, neighborhood parks, and nearby forest preserves that offer year-round hiking, biking, and birding.
Families will also find indoor fun at trampolining centers, escape rooms, and aquatic facilities that make Gurnee a four-season destination.

Shopping, Dining, and Stays

Bargain hunters flock to Gurnee Mills for outlet deals, while Route 132 and Grand Avenue serve up diverse restaurants, craft beer, and sweet treats.
A wide range of hotels in Gurnee cater to theme-park goers and shoppers, many offering shuttles, pools, and packages.

Living in Gurnee

Residents appreciate strong schools, community events, and convenient commutes via the Tri-State Tollway, with Metra stations nearby in neighboring towns.
The local economy blends tourism, retail, logistics, and healthcare, supporting steady real estate demand and new development.
Whether you?re planning a weekend getaway or considering a move, Gurnee, Illinois delivers accessibility, value, and plenty of family-friendly entertainment.



FAQ – Home Values in Gurnee

What is the median home value in Gurnee in 2026?

In 2026, the typical home value in Gurnee is about $275,544 for an average home size of 1877 square feet. This corresponds to an average price of roughly $147 per square foot.

What is the average cost per square foot in Gurnee?

In 2026, homes in Gurnee sell for an average of around $147 per square foot, with a typical range between $143 and $143 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Gurnee is about 1877 square feet, with an estimated 2026 value around $275,544.



Locations close to Gurnee, IL

Harvard, IL147 $ / ft²
Hebron, IL142 $ / ft²
Highland Park, IL238 $ / ft²
Grayslake, IL113 $ / ft²
Golf, IL296 $ / ft²
Glenview, IL247 $ / ft²




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