Cities with the fastest-growing home prices in Illinois

Written by:
February 23, 2024
Volodymyr Kyrylyuk // Shutterstock

Cities with the fastest-growing home prices in Illinois

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $344,159 in January, 3.6% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in Illinois using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending January 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in Illinois.

1 / 50
Stacker

#50. Cortland

- Typical home value: $249,325
- 1-year price change: +$28,474 (+12.9%)
- 5-year price change: +$84,312 (+51.1%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

2 / 50
Stacker

#49. Darien

- Typical home value: $388,224
- 1-year price change: +$28,567 (+7.9%)
- 5-year price change: +$79,384 (+25.7%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

3 / 50
Stacker

#48. Trout Valley

- Typical home value: $479,754
- 1-year price change: +$28,811 (+6.4%)
- 5-year price change: +$161,464 (+50.7%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

4 / 50
Stacker

#47. Lisle

- Typical home value: $366,241
- 1-year price change: +$29,046 (+8.6%)
- 5-year price change: +$77,312 (+26.8%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

5 / 50
Stacker

#46. Deer Park

- Typical home value: $640,444
- 1-year price change: +$29,051 (+4.8%)
- 5-year price change: +$147,473 (+29.9%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

6 / 50
Stacker

#45. Oswego

- Typical home value: $368,444
- 1-year price change: +$29,345 (+8.7%)
- 5-year price change: +$108,058 (+41.5%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

7 / 50
Stacker

#44. Sleepy Hollow

- Typical home value: $403,878
- 1-year price change: +$29,920 (+8.0%)
- 5-year price change: +$114,339 (+39.5%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

8 / 50
Stacker

#43. Saint Charles

- Typical home value: $397,157
- 1-year price change: +$29,935 (+8.2%)
- 5-year price change: +$107,096 (+36.9%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

9 / 50
Stacker

#42. Sugar Grove

- Typical home value: $391,203
- 1-year price change: +$30,127 (+8.3%)
- 5-year price change: +$111,209 (+39.7%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

10 / 50
Stacker

#41. Barrington Hills

- Typical home value: $909,809
- 1-year price change: +$30,608 (+3.5%)
- 5-year price change: +$195,998 (+27.5%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

11 / 50
Stacker

#40. Winfield

- Typical home value: $398,564
- 1-year price change: +$30,816 (+8.4%)
- 5-year price change: +$94,170 (+30.9%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

12 / 50
Stacker

#39. Lily Lake

- Typical home value: $476,058
- 1-year price change: +$31,070 (+7.0%)
- 5-year price change: +$127,772 (+36.7%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

13 / 50
Stacker

#38. Mokena

- Typical home value: $402,508
- 1-year price change: +$31,610 (+8.5%)
- 5-year price change: +$111,629 (+38.4%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

14 / 50
Stacker

#37. Village of Lakewood

- Typical home value: $498,040
- 1-year price change: +$31,613 (+6.8%)
- 5-year price change: +$163,251 (+48.8%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

15 / 50
Stacker

#36. Bloomingdale

- Typical home value: $373,656
- 1-year price change: +$31,653 (+9.3%)
- 5-year price change: +$90,318 (+31.9%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

16 / 50
Stacker

#35. Wheaton

- Typical home value: $428,069
- 1-year price change: +$31,893 (+8.1%)
- 5-year price change: +$87,968 (+25.9%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

17 / 50
Stacker

#34. Hennepin

- Typical home value: $186,570
- 1-year price change: +$32,057 (+20.7%)
- 5-year price change: +$74,277 (+66.1%)
- Metro area: Ottawa, IL

18 / 50
Stacker

#33. Frankfort

- Typical home value: $431,774
- 1-year price change: +$32,117 (+8.0%)
- 5-year price change: +$120,821 (+38.9%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

19 / 50
Stacker

#32. Downers Grove

- Typical home value: $421,929
- 1-year price change: +$32,304 (+8.3%)
- 5-year price change: +$84,713 (+25.1%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

20 / 50
Stacker

#31. Inverness

- Typical home value: $674,259
- 1-year price change: +$32,645 (+5.1%)
- 5-year price change: +$126,404 (+23.1%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

21 / 50
Stacker

#30. Hawthorn Woods

- Typical home value: $617,733
- 1-year price change: +$32,912 (+5.6%)
- 5-year price change: +$145,706 (+30.9%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

22 / 50
Stacker

#29. Kildeer

- Typical home value: $732,545
- 1-year price change: +$32,952 (+4.7%)
- 5-year price change: +$159,837 (+27.9%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

23 / 50
Stacker

#28. Burr Ridge

- Typical home value: $711,233
- 1-year price change: +$33,548 (+5.0%)
- 5-year price change: +$129,766 (+22.3%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

24 / 50
Stacker

#27. Clarendon Hills

- Typical home value: $556,837
- 1-year price change: +$34,351 (+6.6%)
- 5-year price change: +$103,990 (+23.0%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

25 / 50
Stacker

#26. Medinah

- Typical home value: $442,738
- 1-year price change: +$34,716 (+8.5%)
- 5-year price change: +$103,201 (+30.4%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

26 / 50
Stacker

#25. Highland Park

- Typical home value: $620,956
- 1-year price change: +$35,417 (+6.0%)
- 5-year price change: +$144,229 (+30.3%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

27 / 50
Stacker

#24. Highwood

- Typical home value: $383,084
- 1-year price change: +$35,437 (+10.2%)
- 5-year price change: +$96,750 (+33.8%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

28 / 50
Stacker

#23. Glen Ellyn

- Typical home value: $479,109
- 1-year price change: +$36,173 (+8.2%)
- 5-year price change: +$103,123 (+27.4%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

29 / 50
Stacker

#22. Geneva

- Typical home value: $463,340
- 1-year price change: +$36,329 (+8.5%)
- 5-year price change: +$128,868 (+38.5%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

30 / 50
Stacker

#21. Wayne

- Typical home value: $644,112
- 1-year price change: +$36,899 (+6.1%)
- 5-year price change: +$168,994 (+35.6%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

31 / 50
Stacker

#20. North Barrington

- Typical home value: $703,793
- 1-year price change: +$37,094 (+5.6%)
- 5-year price change: +$172,037 (+32.4%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

32 / 50
Stacker

#19. Lake Bluff

- Typical home value: $520,748
- 1-year price change: +$38,720 (+8.0%)
- 5-year price change: +$109,648 (+26.7%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

33 / 50
Stacker

#18. New Lenox

- Typical home value: $394,841
- 1-year price change: +$39,515 (+11.1%)
- 5-year price change: +$113,533 (+40.4%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

34 / 50
Stacker

#17. Indian Creek

- Typical home value: $496,385
- 1-year price change: +$39,826 (+8.7%)
- 5-year price change: +$124,793 (+33.6%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

35 / 50
Stacker

#16. South Barrington

- Typical home value: $956,389
- 1-year price change: +$40,503 (+4.4%)
- 5-year price change: +$192,176 (+25.1%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

36 / 50
Stacker

#15. Deerfield

- Typical home value: $515,652
- 1-year price change: +$40,976 (+8.6%)
- 5-year price change: +$102,070 (+24.7%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

37 / 50
Stacker

#14. Mettawa

- Typical home value: $781,511
- 1-year price change: +$41,274 (+5.6%)
- 5-year price change: +$181,082 (+30.2%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

38 / 50
Stacker

#13. Riverwoods

- Typical home value: $810,145
- 1-year price change: +$41,294 (+5.4%)
- 5-year price change: +$155,207 (+23.7%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

39 / 50
Stacker

#12. Lincolnshire

- Typical home value: $617,809
- 1-year price change: +$41,521 (+7.2%)
- 5-year price change: +$125,285 (+25.4%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

40 / 50
Stacker

#11. Golf

- Typical home value: $970,824
- 1-year price change: +$43,081 (+4.6%)
- 5-year price change: +$202,091 (+26.3%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

41 / 50
Stacker

#10. Campton Hills

- Typical home value: $568,296
- 1-year price change: +$43,164 (+8.2%)
- 5-year price change: +$172,814 (+43.7%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

42 / 50
Stacker

#9. Naperville

- Typical home value: $526,695
- 1-year price change: +$43,623 (+9.0%)
- 5-year price change: +$143,166 (+37.3%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

43 / 50
Stacker

#8. Lake Forest

- Typical home value: $996,282
- 1-year price change: +$45,048 (+4.7%)
- 5-year price change: +$210,734 (+26.8%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

44 / 50
Stacker

#7. Hinsdale

- Typical home value: $991,105
- 1-year price change: +$45,715 (+4.8%)
- 5-year price change: +$132,957 (+15.5%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

45 / 50
Stacker

#6. Kenilworth

- Typical home value: $1,591,418
- 1-year price change: +$49,885 (+3.2%)
- 5-year price change: +$456,062 (+40.2%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

46 / 50
Stacker

#5. Long Grove

- Typical home value: $789,589
- 1-year price change: +$51,072 (+6.9%)
- 5-year price change: +$186,863 (+31.0%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

47 / 50
Stacker

#4. Winnetka

- Typical home value: $1,419,825
- 1-year price change: +$57,685 (+4.2%)
- 5-year price change: +$383,021 (+36.9%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

48 / 50
Stacker

#3. Oak Brook

- Typical home value: $810,552
- 1-year price change: +$60,156 (+8.0%)
- 5-year price change: +$159,552 (+24.5%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

49 / 50
Stacker

#2. Glencoe

- Typical home value: $1,218,297
- 1-year price change: +$67,682 (+5.9%)
- 5-year price change: +$335,353 (+38.0%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

50 / 50
Stacker

#1. Bannockburn

- Typical home value: $1,035,629
- 1-year price change: +$89,975 (+9.5%)
- 5-year price change: +$239,621 (+30.1%)
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI

This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 50 states.

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