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Gurnee, IL Real Estate & Property Data

Gurnee Real Estate Market Trends

Last Updated: April 18, 2024

Accurate and comprehensive real estate data is critical for insight into Gurnee, IL. ATTOM’s Gurnee real estate data is updated daily, and current market trends show that in Gurnee, IL a total of 540 residential properties have sold over the past year. With a median home price of $350,000 in Gurnee and a total of 7 foreclosures. Get detailed property data for Gurnee, IL instantly. ATTOM is your one-stop-shop for the Gurnee property reports and real estate data you need in Gurnee, IL.

Gurnee Real Estate Market Trends

Get property data for any address in Gurnee, IL or the country:

Total Residential Properties 12,056

Total Commercial Properties 582

Avg. Home Age (Single Family Home) 38 Years

Avg. Square Feet (Single Family Home) 2,146

Total 2024 Residential Sales (year-to-date) 73

% of Homes Seriously Underwater (Q2 2024) 0.45%

Total 2023 Residential Sales 508

% of Equity Rich Homes (Q2 2024) 45.62%

Effective 2023 Property Tax 2.12%

Total Foreclosure Filings (year-to-date) 12

Gurnee, IL Real Estate Overview

There were 540 residential properties sold in the past year in Gurnee, IL. The median home value in Gurnee, IL is $345,000. There are a total of 12,056 residential properties in the Gurnee.

Median Sales Price i

$350,000

(Feb 2024)

-6%

year-over-year

y-o-y

February '24 Feb '24 $350,000
January '24 Jan '24 $380,000
December '23 Dec '23 $380,000
November '23 Nov '23 $378,000
October '23 Oct '23 $355,000
September '23 Sep '23 $345,000
August '23 Aug '23 $375,000
July '23 Jul '23 $411,500
June '23 Jun '23 $411,000
May '23 May '23 $417,000
April '23 Apr '23 $380,000
March '23 Mar '23 $360,000

Median Down Payment i

$24,300

(Feb 2024)

-15.5%

year-over-year

y-o-y

February '24 Feb '24 $24,300
January '24 Jan '24 $74,500
December '23 Dec '23 $46,900
November '23 Nov '23 $44,900
October '23 Oct '23 $34,252
September '23 Sep '23 $61,750
August '23 Aug '23 $88,125
July '23 Jul '23 $79,000
June '23 Jun '23 $61,000
May '23 May '23 $75,030
April '23 Apr '23 $39,125
March '23 Mar '23 $28,500

Number of Homes Sold i

30

(Feb 2024)

+3.4%

year-over-year

y-o-y

February '24 Feb '24 30
January '24 Jan '24 43
December '23 Dec '23 46
November '23 Nov '23 31
October '23 Oct '23 44
September '23 Sep '23 63
August '23 Aug '23 42
July '23 Jul '23 35
June '23 Jun '23 59
May '23 May '23 39
April '23 Apr '23 37
March '23 Mar '23 42

Number of Purchase Loans i

21

(Feb 2024)

-22.2%

year-over-year

y-o-y

February '24 Feb '24 21
January '24 Jan '24 34
December '23 Dec '23 32
November '23 Nov '23 27
October '23 Oct '23 36
September '23 Sep '23 52
August '23 Aug '23 38
July '23 Jul '23 31
June '23 Jun '23 53
May '23 May '23 29
April '23 Apr '23 33
March '23 Mar '23 41

Number of REFI Loans i

17

(Feb 2024)

-5.6%

year-over-year

y-o-y

February '24 Feb '24 17
January '24 Jan '24 15
December '23 Dec '23 16
November '23 Nov '23 17
October '23 Oct '23 18
September '23 Sep '23 17
August '23 Aug '23 17
July '23 Jul '23 16
June '23 Jun '23 20
May '23 May '23 22
April '23 Apr '23 7
March '23 Mar '23 15

Number of HELOC Loans i

9

(Feb 2024)

+28.6%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 18
December '23 Dec '23 8
November '23 Nov '23 18
October '23 Oct '23 16
September '23 Sep '23 18
August '23 Aug '23 16
July '23 Jul '23 13
June '23 Jun '23 21
May '23 May '23 19
April '23 Apr '23 8
March '23 Mar '23 12

Gurnee, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

60031
$345,000 $160.73/sqft

Gurnee, IL Foreclosure Activity

There were a total of 7 Gurnee, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

7

(Feb 2024)

+133.3%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 5
December '23 Dec '23 4
November '23 Nov '23 2
October '23 Oct '23 1
September '23 Sep '23 5
August '23 Aug '23 5
July '23 Jul '23 6
June '23 Jun '23 5
May '23 May '23 2
April '23 Apr '23 7
March '23 Mar '23 3

Foreclosure Starts i

7

(Feb 2024)

+250%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 4
December '23 Dec '23 4
November '23 Nov '23 2
October '23 Oct '23 1
September '23 Sep '23 4
August '23 Aug '23 5
July '23 Jul '23 3
June '23 Jun '23 4
May '23 May '23 1
April '23 Apr '23 6
March '23 Mar '23 2

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 3
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 3
March '23 Mar '23 1

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