Home values are up overall in Chicago and the suburbs.
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As of September, the average value of a single-family home in the Chicago area was just over $370,000 — about $20,000 above the national average.
But in parts of Chicago and the surrounding region, the average home value soars far above the national average. In the city’s Lincoln Park neighborhood, the average price of a home is more than $813,000, and in the suburbs of Lake Forest, Hinsdale, Glencoe and Winnetka, it exceeds $1 million. But in the small northern suburb of Kenilworth, the average home value is the highest in the Chicago area at a whopping $1.65 million.
On the city’s South Side and in the south suburbs, single-family homes are valued far below the regional average. In Englewood, Harvey and Robbins home values are the lowest, dropping below $100,000.
Take a look at the map below to compare Chicago area home values. Hover over each ZIP code to see the average home value in that area.