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Highest Home Value in Illinois

Top 100 cities ranked by highest home value

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All Countries  ·  United States  ·  Illinois

Highest Home Value — Illinois

1 Glencoe $1,354,900
2 Winnetka $1,206,300
3 Hinsdale $999,100
4 South Barrington $986,300
5 Lake Forest $909,800
6 Oak Brook $867,900
7 Northfield $807,700
8 Wilmette $802,200
9 Long Grove $746,700
10 Lake Bluff $739,400
11 Inverness $704,100
12 Burr Ridge $694,800
13 Western Springs $691,300
14 River Forest $676,900
15 Northbrook $644,100
16 Lincolnshire $625,800
17 Deerfield $608,600
18 Glenview $598,800
19 Clarendon Hills $595,500
20 Highland Park $594,400
21 Hawthorn Woods $592,800
22 La Grange $582,600
23 Barrington $580,900
24 Park Ridge $539,300
25 Elmhurst $532,800
26 Glen Ellyn $522,600
27 Campton Hills $510,100
28 Naperville $509,900
29 Libertyville $499,300
30 Lincolnwood $475,400
31 Evanston $472,300
32 Frankfort $461,600
33 Riverside $460,500
34 Oak Park $456,300
35 Highwood $454,500
36 Lake Barrington $451,400
37 Lemont $447,800
38 Wheaton $447,700
39 Downers Grove $439,000
40 La Grange Park $427,800
41 Lake Zurich $418,300
42 Geneva $415,800
43 Lisle $407,000
44 Arlington Heights $403,200
45 Homer Glen $400,000
46 Plainfield $398,000
47 Buffalo Grove $392,900
48 Darien $386,400
49 Vernon Hills $384,800
50 New Lenox $377,500
51 Mokena $377,100
52 Mount Prospect $377,000
53 Morton Grove $377,000
54 Itasca $375,600
55 Sugar Grove $372,000
56 Spring Grove $371,200
57 Willow Springs $370,900
58 St. Charles $369,700
59 Westmont $369,100
60 Skokie $368,600
61 Winfield $363,400
62 Bloomingdale $363,100
63 Norridge $361,000
64 Elburn $358,200
65 Batavia $358,000
66 Niles $350,900
67 Bartlett $350,500
68 Palos Heights $350,000
69 Orland Park $349,400
70 Palatine $347,900
71 Prospect Heights $347,500
72 Woodridge $345,200
73 West Dundee $342,900
74 Hoffman Estates $340,400
75 Elk Grove Village $334,400
76 Gurnee $331,100
77 Countryside $330,700
78 Gilberts $330,100
79 Lake Villa $325,900
80 Elmwood Park $325,000
81 Shorewood $324,600
82 Algonquin $324,000
83 North Aurora $323,900
84 Lombard $321,200
85 Oswego $319,000
86 Huntley $318,500
87 Des Plaines $318,200
88 Roselle $318,000
89 Addison $318,000
90 Harwood Heights $316,400
91 Hampshire $316,200
92 Chicago $315,200
93 Manhattan $314,400
94 Yorkville $314,200
95 Brookfield $314,000
96 Villa Park $313,100
97 Grandwood Park $313,000
98 Schaumburg $312,200
99 Johnsburg $312,200
100 Flossmoor $309,100

The most expensive housing markets in Illinois reflect areas of high demand, limited supply, and strong local economies. Glencoe leads with a median home value of $1,354,900. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in Glencoe costs $1,354,900 — 3.9x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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