North Shore Housing Market Update – August 2025
As we close out the summer, the North Shore housing market continues to show strength, but with more balance than we saw in the frenzied years past. Buyers still face competition for the best homes, while sellers enjoy steady price growth. Below is a quick look at what’s happening in each major North Shore suburb right now.
Lake Forest
Sales are up this year compared to 2024, and prices continue to climb. The median home price is now around $1.4M, and move-in ready homes are selling quickly. Larger estates and lakefront properties are especially competitive.
Winnetka
Homes are selling for close to $1.9M on average, with prices up nearly 9% over last year. Luxury homes dominate the market here, and the very best homes are still drawing strong offers, while homes that need work are taking longer to sell.
Wilmette
Wilmette’s median listing price is over $1.1M, showing one of the biggest price jumps on the North Shore. Buyers are eager for updated homes close to schools, shops, and the lake. Homes that need renovations are sitting on the market unless priced well.
Evanston
The median sales price is about $835K, up more than 14% from last year. Demand is strong for houses near transit and in move-in condition. Older homes that need updates are facing more resistance from buyers.
Glenview
Prices are steady at about $885K, up just slightly from last year. Buyers are drawn to neighborhoods around The Glen and other family-friendly areas. Homes in good shape are selling well, while overpriced listings are sitting longer.
Highland Park
Highland Park continues to see steady demand thanks to strong schools, Ravinia, and lakefront access. Premium homes near the lake or in top neighborhoods are competitive, but buyers are cautious with properties that need significant updates.
Northbrook
Sales are way up this year, with 23% more homes sold compared to 2024. The median price is about $845K, reflecting solid growth. Families are driving demand here thanks to schools and larger lot sizes, and well-maintained homes are selling quickly.
Final Takeaway
The North Shore market in August 2025 remains healthy across the board. Prices are up, demand is steady, and well-presented homes in desirable locations continue to move quickly. That said, buyers are showing more caution with homes that need work, making preparation and pricing more important for sellers. As we move into fall, both buyers and sellers should expect a market that rewards realistic expectations, strong presentation, and smart strategy.
