About Gurnee IL Real Estate
Gurnee is one of Lake County’s busiest hubs: shopping and entertainment along Grand Avenue, easy I-94 access, and quiet neighborhoods tucked away from it all. If you’re thinking about buying here, here’s what the market looks like right now, and what I’d want you to know as your agent.
The market right now (September 2026)
Gurnee is a seller’s market with less than two months of inventory, so homes don’t last long.
| What it measures | Gurnee |
|---|---|
| Median sold price | $415,000 |
| Median estimated home value | $415,630 (up 8.3% over 12 months) |
| Sold-to-list price | 98.9% (homes are selling close to asking) |
| Median days on market | 8 days |
| Months of inventory | Under 2 months |
What this means for you as a buyer: Homes here typically sell in about a week, so you want to be ready to make an offer when you find the one. Prices are landing just under asking, so there can be a little room to negotiate on the right home.
What’s selling
Gurnee has a real mix: 3- and 4-bedroom homes sold in nearly equal numbers recently, along with plenty of 2-bedroom townhomes and condos.
- A wide range of prices: Recent sales ran from under $200,000 to over $500,000, with the largest group above $500,000.
- Established neighborhoods: About 4 in 10 recent sales were homes 30 to 40 years old, from the subdivisions built in the late 1980s and 1990s.
- Size options: Recent sales ranged from homes under 1,200 square feet to homes around 2,600 square feet.
- Price per square foot: Most homes sold for $150 to $250 per square foot.
About three-quarters of Gurnee homes are owner-occupied, and the median home is about 40 years old.
Living in Gurnee
- Commute: The average trip to work is about 27 minutes, shorter than the county average, with quick access to I-94. More than 3,000 residents work from home.
- Four real seasons: Expect about 42 inches of snow a year, January lows around 8°F, and July highs around 85°F.
- Things to do: Gurnee Mills and Six Flags Great America are right in town, and Lake Carina and Waukegan Savanna forest preserves offer quieter green space.
- Neighboring towns: Grayslake, Gages Lake, Green Oaks, Libertyville, Third Lake, Park City, Lindenhurst, Round Lake, and Waukegan are all close by if you want to widen your search.
Everyday errands
Gurnee is spread out, so drive times vary by where you live in town.
Opening a business in Gurnee?
- Daytime population: About 38,800 people are in Gurnee during a typical workday, well above the roughly 30,100 who live here. Shoppers and workers come to town.
- Busiest roads: I-94 carries close to 99,000 vehicles a day near Milwaukee Avenue, and Grand Avenue (IL-132) sees about 42,000 a day near Gurnee Mills.
- Local workforce: Manufacturing is the largest employer of residents, followed by health care, retail, and education.
TRADE AREA REPORT
Give me some basic details about an area and I will send you a trade area report.
The report will include the demographics, consumer segmentation, traffic counts, and other nearby trade area profiles.
Thinking about Gurnee?
I’d love to help you find the right home here. Browse current Gurnee listings, or reach out and let’s talk about what you’re looking for. I’m on your side from the first showing to the closing table.
Source: Realtors Property Resource® (RPR®) Neighborhood and Trade Area Reports, October 20, 2026. Market data from MRED MLS and public records; community data from the U.S. Census, Esri, and NOAA; traffic counts are a mix of actual counts and estimates. Information deemed reliable but not guaranteed. Equal Housing Opportunity.