Cities with the Fastest-Growing Home Prices in Chicagoland

Discover the Chicagoland cities with the most expensive homes, featuring data from Zillow on typical home values, price changes and more.

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, affordability plays a huge role for buyers.The typical home value in the United States was $362,143 in August, 2.5% higher than the year before.High mortgage rates are also making monthly payments more expensive; as of September 19, the 30-year fixed mortgage rate sits at 6.09%.

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.

Stacker compiled a list of cities with the most expensive homes in the Chicago metro area using data from Zillow. Charts show the monthly typical home value since January 2018. Data was available for 347 cities and towns.

30. Clarendon Hills, IL

  • Typical home value: $609,426
  • 1-year price change: +7.7%
  • 5-year price change: +30.9%

29. Northbrook, IL

  • Typical home value: $613,108
  • 1-year price change: +6.1%
  • 5-year price change: +27.0%

28. Campton Hills, IL

  • Typical home value: $614,096
  • 1-year price change: +8.3%
  • 5-year price change: +50.5%

27. River Forest, IL

  • Typical home value: $664,421
  • 1-year price change: +4.7%
  • 5-year price change: +27.2%

26. Hawthorn Woods, IL

– Typical home value: $672,649
– 1-year price change: +6.4%
– 5-year price change: +38.9%

25. Lincolnshire, IL

  • Typical home value: $677,433
  • 1-year price change: +6.3%
  • 5-year price change: +33.6%

24. Highland Park, IL

  • Typical home value: $686,959
  • 1-year price change: +6.8%
  • 5-year price change: +38.6%

23. Wayne, IL

  • Typical home value: $695,498
  • 1-year price change: +5.5%
  • 5-year price change: +37.5%

22. Deer Park, IL

  • Typical home value: $699,724
  • 1-year price change: +5.3%
  • 5-year price change: +36.7%

21. Inverness, IL

  • Typical home value: $715,635
  • 1-year price change: +5.4%
  • 5-year price change: +30.3%

20. Western Springs, IL

  • Typical home value: $736,363
  • 1-year price change: +3.8%
  • 5-year price change: +26.5%

19. Northfield, IL

  • Typical home value: $737,424
  • 1-year price change: +4.5%
  • 5-year price change: +29.6%

18. Burr Ridge, IL

  • Typical home value: $776,764
  • 1-year price change: +6.7%
  • 5-year price change: +27.8%

17. North Barrington, IL

  • Typical home value: $778,783
  • 1-year price change: +5.3%
  • 5-year price change: +40.0%

16. Kildeer, IL

  • Typical home value: $802,651
  • 1-year price change: +6.1%
  • 5-year price change: +34.7%

Looking for the best places to move in the Chicago metro area? Check out these stories:

15. Wilmette, IL

  • Typical home value: $845,246
  • 1-year price change: +4.2%
  • 5-year price change: +31.3%

14. Mettawa, IL

  • Typical home value: $865,697
  • 1-year price change: +5.2%
  • 5-year price change: +36.5%

13. Long Grove, IL

  • Typical home value: $869,927
  • 1-year price change: +7.2%
  • 5-year price change: +40.1%

12. Oak Brook, IL

  • Typical home value: $883,004
  • 1-year price change: +6.8%
  • 5-year price change: +28.1%

11. Riverwoods, IL

  • Typical home value: $883,433
  • 1-year price change: +5.8%
  • 5-year price change: +33.0%

10. Dune Acres, IN

  • Typical home value: $908,238
  • 1-year price change: +3.3%
  • 5-year price change: +42.4%

9. Barrington Hills, IL

  • Typical home value: $990,355
  • 1-year price change: +6.5%
  • 5-year price change: +35.7%

8. South Barrington, IL

  • Typical home value: $1,041,235
  • 1-year price change: +5.1%
  • 5-year price change: +34.0%

7. Golf, IL

  • Typical home value: $1,046,031
  • 1-year price change: +3.6%
  • 5-year price change: +33.8%

6. Hinsdale, IL

  • Typical home value: $1,073,791
  • 1-year price change: +6.6%
  • 5-year price change: +23.2%

5. Lake Forest, IL

  • Typical home value: $1,084,481
  • 1-year price change: +5.9%
  • 5-year price change: +36.5%

4. Bannockburn, IL

  • Typical home value: $1,106,877
  • 1-year price change: +5.4%
  • 5-year price change: +37.2%

3. Glencoe, IL

  • Typical home value: $1,346,052
  • 1-year price change: +7.7%
  • 5-year price change: +48.1%

2. Winnetka, IL

  • Typical home value: $1,559,495
  • 1-year price change: +5.2%
  • 5-year price change: +45.6%

1. Kenilworth, IL

  • Typical home value: $1,750,729
  • 1-year price change: +4.0%
  • 5-year price change: +49.4%

You may also like: Most common domestic destinations from Chicago O’Hare International Airport


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Chicago Parent Editorial Team
Chicago Parent Editorial Team
Since 1984, the Chicago Parent editorial team is trained to be the go-to source for Chicagoland families, offering a rich blend of expert advice, compelling stories, and the top local activities for kids. Renowned for their award-winning content, the team of editors and writers are dedicated to enriching family life by connecting parents with the finest resources and experiences our community has to offer.

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