Cities with the most expensive homes in the Chicago metro area
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 $361,371 in February, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 19, the sits at 6.22%.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.
#30. Campton Hills, IL
- Typical home value: $655,738
- 1-year price change: +4.7%
- 5-year price change: +48.4%
#29. Clarendon Hills, IL
- Typical home value: $660,204
- 1-year price change: +9.1%
- 5-year price change: +37.8%
#28. Northbrook, IL
- Typical home value: $664,345
- 1-year price change: +7.7%
- 5-year price change: +39.0%
#27. River Forest, IL
- Typical home value: $708,168
- 1-year price change: +11.0%
- 5-year price change: +33.5%
#26. Hawthorn Woods, IL
- Typical home value: $712,856
- 1-year price change: +5.8%
- 5-year price change: +46.2%
#25. Lincolnshire, IL
- Typical home value: $714,013
- 1-year price change: +7.7%
- 5-year price change: +46.0%
#24. Deer Park, IL
- Typical home value: $725,397
- 1-year price change: +5.9%
- 5-year price change: +42.2%
#23. Wayne, IL
- Typical home value: $728,364
- 1-year price change: +7.0%
- 5-year price change: +42.7%
#22. Highland Park, IL
- Typical home value: $740,126
- 1-year price change: +6.1%
- 5-year price change: +49.4%
#21. Inverness, IL
- Typical home value: $762,450
- 1-year price change: +6.4%
- 5-year price change: +39.6%
#20. North Barrington, IL
- Typical home value: $801,437
- 1-year price change: +6.6%
- 5-year price change: +49.3%
#19. Burr Ridge, IL
- Typical home value: $806,547
- 1-year price change: +4.7%
- 5-year price change: +31.6%
#18. Northfield, IL
- Typical home value: $815,430
- 1-year price change: +8.1%
- 5-year price change: +38.5%
#17. Kildeer, IL
- Typical home value: $822,615
- 1-year price change: +4.2%
- 5-year price change: +39.6%
#16. Western Springs, IL
- Typical home value: $839,910
- 1-year price change: +9.7%
- 5-year price change: +36.5%
#15. Dune Acres, IN
- Typical home value: $875,863
- 1-year price change: +13.5%
- 5-year price change: +48.5%
#14. Long Grove, IL
- Typical home value: $899,262
- 1-year price change: +5.6%
- 5-year price change: +49.3%
#13. Riverwoods, IL
- Typical home value: $921,696
- 1-year price change: +6.7%
- 5-year price change: +44.3%
#12. Mettawa, IL
- Typical home value: $925,232
- 1-year price change: +9.8%
- 5-year price change: +50.7%
#11. Wilmette, IL
- Typical home value: $930,492
- 1-year price change: +10.7%
- 5-year price change: +43.2%
#10. Oak Brook, IL
- Typical home value: $932,075
- 1-year price change: +10.5%
- 5-year price change: +40.1%
#9. Barrington Hills, IL
- Typical home value: $994,768
- 1-year price change: +7.3%
- 5-year price change: +40.7%
#8. South Barrington, IL
- Typical home value: $1,087,118
- 1-year price change: +6.6%
- 5-year price change: +41.4%
#7. Lake Forest, IL
- Typical home value: $1,150,871
- 1-year price change: +9.4%
- 5-year price change: +51.9%
#6. Hinsdale, IL
- Typical home value: $1,202,422
- 1-year price change: +8.9%
- 5-year price change: +38.6%
#5. Bannockburn, IL
- Typical home value: $1,212,664
- 1-year price change: +12.6%
- 5-year price change: +57.0%
#4. Golf, IL
- Typical home value: $1,220,792
- 1-year price change: +10.8%
- 5-year price change: +45.1%
#3. Glencoe, IL
- Typical home value: $1,538,918
- 1-year price change: +12.0%
- 5-year price change: +62.6%
#2. Winnetka, IL
- Typical home value: $1,777,364
- 1-year price change: +11.3%
- 5-year price change: +55.4%
#1. Kenilworth, IL
- Typical home value: $2,003,075
- 1-year price change: +10.3%
- 5-year price change: +56.3%