Highest Home Value in Illinois

Top 100 cities ranked by highest home value

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 Willowbrook $367,000
62 Winfield $363,400
63 Bloomingdale $363,100
64 Norridge $361,000
65 Elburn $358,200
66 Batavia $358,000
67 Niles $350,900
68 Bartlett $350,500
69 Palos Heights $350,000
70 Orland Park $349,400
71 Palatine $347,900
72 Prospect Heights $347,500
73 Woodridge $345,200
74 West Dundee $342,900
75 Hoffman Estates $340,400
76 Elk Grove Village $334,400
77 Gurnee $331,100
78 Countryside $330,700
79 Gilberts $330,100
80 Lake Villa $325,900
81 Elmwood Park $325,000
82 Shorewood $324,600
83 Algonquin $324,000
84 North Aurora $323,900
85 Lombard $321,200
86 Oswego $319,000
87 Huntley $318,500
88 Des Plaines $318,200
89 Roselle $318,000
90 Addison $318,000
91 Harwood Heights $316,400
92 Hampshire $316,200
93 Chicago $315,200
94 Manhattan $314,400
95 Yorkville $314,200
96 Brookfield $314,000
97 Villa Park $313,100
98 Grandwood Park $313,000
99 Schaumburg $312,200
100 Johnsburg $312,200

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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