Cities with the most expensive homes in the Chicago metro area

Written by:
July 21, 2026
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Cities with the most expensive homes in the Chicago metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $372,057 in June, 1.1% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Chicago metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 346 cities and towns.

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#30. Glenview, IL

- Typical home value: $702,098
- 1-year price change: +9.0%
- 5-year price change: +33.0%

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#29. Clarendon Hills, IL

- Typical home value: $711,558
- 1-year price change: +8.8%
- 5-year price change: +37.8%

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#28. Northbrook, IL

- Typical home value: $719,285
- 1-year price change: +9.1%
- 5-year price change: +37.2%

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#27. River Forest, IL

- Typical home value: $738,455
- 1-year price change: +12.9%
- 5-year price change: +34.2%

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#26. Lincolnshire, IL

- Typical home value: $753,491
- 1-year price change: +7.2%
- 5-year price change: +41.3%

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#25. Hawthorn Woods, IL

- Typical home value: $761,955
- 1-year price change: +5.6%
- 5-year price change: +40.8%

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#24. Deer Park, IL

- Typical home value: $778,056
- 1-year price change: +6.4%
- 5-year price change: +36.8%

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#23. Wayne, IL

- Typical home value: $788,826
- 1-year price change: +6.7%
- 5-year price change: +38.9%

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#22. Highland Park, IL

- Typical home value: $809,080
- 1-year price change: +7.2%
- 5-year price change: +46.0%

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#21. Inverness, IL

- Typical home value: $822,384
- 1-year price change: +7.8%
- 5-year price change: +36.9%

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#20. Burr Ridge, IL

- Typical home value: $865,879
- 1-year price change: +6.0%
- 5-year price change: +29.7%

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#19. North Barrington, IL

- Typical home value: $867,136
- 1-year price change: +6.8%
- 5-year price change: +43.0%

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#18. Kildeer, IL

- Typical home value: $880,219
- 1-year price change: +3.4%
- 5-year price change: +32.1%

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#17. Northfield, IL

- Typical home value: $895,877
- 1-year price change: +9.6%
- 5-year price change: +37.4%

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#16. Western Springs, IL

- Typical home value: $910,636
- 1-year price change: +11.2%
- 5-year price change: +35.7%

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#15. Long Grove, IL

- Typical home value: $969,157
- 1-year price change: +5.3%
- 5-year price change: +44.2%

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#14. Dune Acres, IN

- Typical home value: $969,967
- 1-year price change: +15.1%
- 5-year price change: +42.2%

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#13. Mettawa, IL

- Typical home value: $992,398
- 1-year price change: +8.7%
- 5-year price change: +44.6%

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#12. Oak Brook, IL

- Typical home value: $1,008,269
- 1-year price change: +9.4%
- 5-year price change: +38.7%

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#11. Riverwoods, IL

- Typical home value: $1,011,228
- 1-year price change: +7.0%
- 5-year price change: +41.4%

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#10. Wilmette, IL

- Typical home value: $1,020,010
- 1-year price change: +11.7%
- 5-year price change: +41.5%

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#9. Barrington Hills, IL

- Typical home value: $1,087,033
- 1-year price change: +8.8%
- 5-year price change: +35.7%

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#8. South Barrington, IL

- Typical home value: $1,168,609
- 1-year price change: +7.0%
- 5-year price change: +37.5%

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#7. Lake Forest, IL

- Typical home value: $1,246,312
- 1-year price change: +9.4%
- 5-year price change: +47.8%

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#6. Bannockburn, IL

- Typical home value: $1,295,722
- 1-year price change: +10.1%
- 5-year price change: +49.0%

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#5. Hinsdale, IL

- Typical home value: $1,300,435
- 1-year price change: +8.8%
- 5-year price change: +37.3%

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#4. Golf, IL

- Typical home value: $1,331,595
- 1-year price change: +11.2%
- 5-year price change: +43.9%

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#3. Glencoe, IL

- Typical home value: $1,682,167
- 1-year price change: +13.1%
- 5-year price change: +60.2%

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#2. Winnetka, IL

- Typical home value: $1,929,615
- 1-year price change: +12.2%
- 5-year price change: +54.3%

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#1. Kenilworth, IL

- Typical home value: $2,153,664
- 1-year price change: +13.1%
- 5-year price change: +53.2%

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