Gages Lake, IL Housing Market
$337,832
6.6% 1-yrThe average Gages Lake, IL home value is $337,832, up 6.6% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Gages Lake Key Takeaways
Typical Home Values: $337,832
1-Year Value Change: +6.6%
(Data through September 30, 2026)
Gages Lake Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Venetian Village$289,745
- Green Oaks$794,639
- Trail Meadows$279,037
- Westown$144,410
- Dugdale Park$250,777
- Argonne Heights$230,213
- Knollwood$466,932
- Lewis Glen$225,796
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Gages Lake Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Gages Lake, IL?
The median home value in Gages Lake, IL is $337,832 as of September 2026. This represents a 0.7% increase compared to last month and a 6.7% increase year-over-year.
How have home values changed in Gages Lake, IL?
Home values in Gages Lake, IL have increased by 0.7% month-over-month and 6.7% year-over-year.
How do home values in Gages Lake, IL compare to Lake County, Illinois, and the national average?
The median home value in Gages Lake, IL ($337,832) compares to: Lake County ($398,052), Illinois ($295,943), and the U.S. national median ($366,157).
