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Cities with the fastest-growing home prices in the Chicago metro area

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FOTOGRIN // Shutterstock
FOTOGRIN // Shutterstock

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

compiled a list of cities with the most expensive homes in the Chicago-Naperville-Elgin, IL-IN-WI metro area using data from . Charts show the monthly typical home value since January 2018.

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#30. Wayne, IL

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#30. Wayne, IL

- 1-year price change: +$53,201 (+7.2%)
- 5-year price change: +$218,645 (+38.4%)
- Typical home value: $788,280 (#23 most expensive city in metro)

#29. Lincolnshire, IL

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#29. Lincolnshire, IL

- 1-year price change: +$53,349 (+7.7%)
- 5-year price change: +$212,958 (+39.8%)
- Typical home value: $747,748 (#26 most expensive city in metro)

#28. Clarendon Hills, IL

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#28. Clarendon Hills, IL

- 1-year price change: +$53,613 (+8.4%)
- 5-year price change: +$190,854 (+37.8%)
- Typical home value: $695,190 (#31 most expensive city in metro)

#27. Long Grove, IL

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#27. Long Grove, IL

- 1-year price change: +$55,288 (+6.0%)
- 5-year price change: +$288,638 (+42.4%)
- Typical home value: $969,305 (#14 most expensive city in metro)

#26. Burr Ridge, IL

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#26. Burr Ridge, IL

- 1-year price change: +$55,542 (+6.9%)
- 5-year price change: +$195,263 (+29.4%)
- Typical home value: $858,569 (#20 most expensive city in metro)

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#25. Lake Bluff, IL

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#25. Lake Bluff, IL

- 1-year price change: +$57,964 (+9.5%)
- 5-year price change: +$210,231 (+46.1%)
- Typical home value: $666,451 (#33 most expensive city in metro)

#24. North Barrington, IL

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#24. North Barrington, IL

- 1-year price change: +$64,065 (+7.9%)
- 5-year price change: +$255,049 (+41.1%)
- Typical home value: $875,180 (#18 most expensive city in metro)

#23. Northbrook, IL

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#23. Northbrook, IL

- 1-year price change: +$64,988 (+10.0%)
- 5-year price change: +$193,975 (+37.2%)
- Typical home value: $715,308 (#28 most expensive city in metro)

#22. Glenview, IL

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#22. Glenview, IL

- 1-year price change: +$65,644 (+10.4%)
- 5-year price change: +$176,152 (+33.8%)
- Typical home value: $697,923 (#29 most expensive city in metro)

#21. Brighton, WI

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#21. Brighton, WI

- 1-year price change: +$67,975 (+12.0%)
- 5-year price change: +$157,503 (+33.0%)
- Typical home value: $634,770 (#40 most expensive city in metro)

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#20. Highland Park, IL

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#20. Highland Park, IL

- 1-year price change: +$68,106 (+9.2%)
- 5-year price change: +$252,957 (+45.6%)
- Typical home value: $807,638 (#22 most expensive city in metro)

#19. Inverness, IL

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#19. Inverness, IL

- 1-year price change: +$69,236 (+9.2%)
- 5-year price change: +$224,105 (+37.5%)
- Typical home value: $821,574 (#21 most expensive city in metro)

#18. La Grange, IL

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#18. La Grange, IL

- 1-year price change: +$73,105 (+12.2%)
- 5-year price change: +$169,803 (+33.7%)
- Typical home value: $673,589 (#32 most expensive city in metro)

#17. River Forest, IL

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#17. River Forest, IL

- 1-year price change: +$74,852 (+11.3%)
- 5-year price change: +$189,887 (+34.6%)
- Typical home value: $738,290 (#27 most expensive city in metro)

#16. Riverwoods, IL

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#16. Riverwoods, IL

- 1-year price change: +$77,949 (+8.4%)
- 5-year price change: +$289,291 (+40.2%)
- Typical home value: $1,008,557 (#11 most expensive city in metro)

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#15. Oak Brook, IL

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#15. Oak Brook, IL

- 1-year price change: +$81,337 (+8.9%)
- 5-year price change: +$270,553 (+37.6%)
- Typical home value: $990,584 (#12 most expensive city in metro)

#14. Mettawa, IL

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#14. Mettawa, IL

- 1-year price change: +$86,294 (+9.7%)
- 5-year price change: +$294,721 (+43.1%)
- Typical home value: $978,290 (#13 most expensive city in metro)

#13. South Barrington, IL

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#13. South Barrington, IL

- 1-year price change: +$86,356 (+8.0%)
- 5-year price change: +$317,757 (+37.5%)
- Typical home value: $1,165,345 (#8 most expensive city in metro)

#12. Northfield, IL

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#12. Northfield, IL

- 1-year price change: +$92,253 (+11.5%)
- 5-year price change: +$254,276 (+39.6%)
- Typical home value: $896,262 (#17 most expensive city in metro)

#11. Barrington Hills, IL

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#11. Barrington Hills, IL

- 1-year price change: +$97,946 (+9.9%)
- 5-year price change: +$290,682 (+36.3%)
- Typical home value: $1,090,687 (#9 most expensive city in metro)

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#10. Western Springs, IL

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#10. Western Springs, IL

- 1-year price change: +$98,567 (+12.1%)
- 5-year price change: +$247,700 (+37.3%)
- Typical home value: $912,036 (#16 most expensive city in metro)

#9. Dune Acres, IN

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#9. Dune Acres, IN

- 1-year price change: +$111,437 (+13.4%)
- 5-year price change: +$263,986 (+39.0%)
- Typical home value: $940,961 (#15 most expensive city in metro)

#8. Hinsdale, IL

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#8. Hinsdale, IL

- 1-year price change: +$114,255 (+9.6%)
- 5-year price change: +$358,243 (+38.1%)
- Typical home value: $1,298,279 (#5 most expensive city in metro)

#7. Wilmette, IL

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#7. Wilmette, IL

- 1-year price change: +$119,814 (+13.4%)
- 5-year price change: +$303,409 (+42.7%)
- Typical home value: $1,014,121 (#10 most expensive city in metro)

#5. Golf, IL

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#5. Golf, IL

- 1-year price change: +$130,444 (+10.9%)
- 5-year price change: +$402,893 (+43.5%)
- Typical home value: $1,328,520 (#4 most expensive city in metro)

#4. Bannockburn, IL

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#4. Bannockburn, IL

- 1-year price change: +$134,154 (+11.9%)
- 5-year price change: +$414,933 (+49.1%)
- Typical home value: $1,260,869 (#6 most expensive city in metro)

#3. Glencoe, IL

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#3. Glencoe, IL

- 1-year price change: +$217,905 (+14.9%)
- 5-year price change: +$630,724 (+60.0%)
- Typical home value: $1,681,872 (#3 most expensive city in metro)

#2. Winnetka, IL

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#2. Winnetka, IL

- 1-year price change: +$236,367 (+13.9%)
- 5-year price change: +$683,532 (+54.4%)
- Typical home value: $1,940,311 (#2 most expensive city in metro)