Mundelein, IL — Momentum Score, Home Values & Best-For

All states·Illinois·Mundelein

Lake County · Chicago-Naperville-Elgin · population 32,641

Mundelein, IL
Image: Wikipedia · Mundelein, Illinois
OverviewCost of livingMoving guide
View watchlist →
73
Rising
Momentum score · 0–100

Where Mundelein stands

At or near all-time high. home values up 6.2% in the last year.

Median home $387,208
1-year +6.2%
5-yr CAGR +6.5%
vs 5-yr peak +0.0%
Population +0.8%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-04$387k$216k$278k$340k$403k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
85/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$2,396/mo$2,028$2,292$2,55620242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent11511110020242026

Rent vs buy

Price-to-rent ratio: 13.5
Buy

At a 13.5 price-to-rent ratio, buying generally beats renting in Mundelein on a long-enough horizon. The headline math is that one year of mortgage payments approximates 13.5 years of rent — well below the 15+ threshold where ownership starts to dominate.

How the momentum score breaks down

methodology →
Home YoY
79 · w22%
Home 5-yr CAGR
72 · w22%
Distance from peak
90 · w18%
Population growth
62 · w16%
Rent YoY
59 · w12%
Home 10-yr CAGR
63 · w10%
Long thesis

Mundelein has held up across the cycle: home values at $387,208 with +6.5% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Mundelein's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Mundelein

Mundelein is a city in Lake County, Illinois, with an estimated population of 32,641. It anchors the Chicago-Naperville-Elgin metro area. The population grew 0.8% annually from 2020 to 2024, a moderate gain. The median home value in Mundelein is $387,208 as of 2026-04, up 6.2% over the last 12 months. Over the last five years, home values have averaged +6.5% annual growth, with prices at or near the 5-year peak. Rents in Mundelein average $2,396 per month, roughly flat year-over-year (+2.2%). The composite momentum score is 73 of 100 (Rising). The market is healthy with prices supported by underlying demand.

▲ Bull case

●Trend still working: prices up 6.2% in the last 12 months — buyers are still chasing inventory.
●Healthy 5-year run: +6.5% annualized over 5 years, outpacing US inflation.
●Held the highs: currently +0.0% from the 5-year peak — this market refused to give back gains.

▼ Bear case

○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Mundelein (Wikipedia)

Mundelein is a village in Lake County, Illinois, United States and a northern suburb of Chicago. Per the 2020 census, the population was 31,560, making this the fourth largest town in Lake County. The village straddles Libertyville Township and Fremont Township, and borders Grayslake, Ivanhoe, Diamond Lake, and Libertyville. The village lies 33 miles northwest of the Chicago Loop.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Lake County right now.

NWS active alerts (IL)Illinois Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Lake County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Mundelein

Downers Grove, IL72 · RisingAntioch, IL76 · RisingMokena, IL71 · RisingMorton, IL74 · Rising

Run the numbers for Mundelein

ToolCan I afford Mundelein?Income → city shortlistToolROI on a Mundelein rentalCap rate, cash-on-cash, DSCRToolCompare Mundelein to anywhereSide-by-side up to 3 citiesToolMundelein cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
33° / 18°
avg high / low
Summer (Jul)
85° / 64°
avg high / low
Sunny days/yr
189
~52% of year
Annual precip
38″ rain
22″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
High
Wildfire
Very low
Earthquake
Low
Flood
Moderate

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Chicago-Naperville-Elgin area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Mundelein listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
71%
Humid climate
Median household income
$78,400
Illinois state median
Top industries (state-level)
FinanceManufacturingHealthcare

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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