Cook County, IL Home Values & Market Trends

The median home price in Cook County, IL is $290,045.9. There were 63,784 home sales in Cook County, IL over the past 12 months. The median residential Cook County, IL home value for transactions over the previous year is $275,120.489. The number of current listings in Cook County, IL is 2,149, and the percentage of properties for sale is 2149.00%. The county has 6,845 foreclosures, 555 bank owned properties, 1,047 headed for auction, and 2,149 properties for sale.

Cook County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Chicago

$ 310,000

$ 247/sqft

Broadview

$ 250,563

$ 196/sqft

Oak Park

$ 387,250

$ 226/sqft

Riverside

$ 304,616

$ 275/sqft

Oak Lawn

$ 270,819

$ 171/sqft

Westchester

$ 268,111

$ 203/sqft

Calumet City

$ 162,207

$ 134/sqft

Hillside

$ 257,500

$ 200/sqft

Lansing

$ 194,900

$ 149/sqft

River Forest

$ 189,000

$ 210/sqft

Des Plaines

$ 306,364

$ 198/sqft

Midlothian

$ 169,900

$ 148/sqft

Schaumburg

$ 317,234

$ 196/sqft

Palos Park

$ 632,003

$ 218/sqft

Dolton

$ 159,900

$ 132/sqft

Wilmette

$ 1,002,438

$ 283/sqft

Arlington Heights

$ 376,926

$ 243/sqft

Western Springs

$ 729,584

$ 252/sqft

South Holland

$ 196,200

$ 130/sqft

Lemont

$ 604,642

$ 175/sqft

Orland Park

$ 449,000

$ 178/sqft

Brookfield

$ 270,178

$ 209/sqft

Country Club Hills

$ 185,000

$ 137/sqft

Schiller Park

$ 349,084

$ 238/sqft

Berwyn

$ 295,106

$ 190/sqft

Steger

$ 212,200

$ 119/sqft

Evanston

$ 466,900

$ 319/sqft

Bellwood

$ 215,705

$ 215/sqft

Palatine

$ 299,754

$ 212/sqft

Worth

$ 159,000

$ 152/sqft

Park Forest

$ 122,000

$ 91/sqft

Hickory Hills

$ 329,900

$ 180/sqft

Maywood

$ 246,881

$ 150/sqft

Olympia Fields

$ 349,700

$ 126/sqft

Burbank

$ 329,900

$ 218/sqft

Lincolnwood

$ 398,374

$ 231/sqft

Homewood

$ 268,732

$ 155/sqft

Prospect Heights

$ 267,524

$ 142/sqft

Skokie

$ 352,553

$ 266/sqft

Hometown

$ 223,745

$ 196/sqft

Tinley Park

$ 274,777

$ 166/sqft

Lyons

$ 223,591

$ 211/sqft

Mount Prospect

$ 319,848

$ 220/sqft

La Grange

$ 789,719

$ 238/sqft

Hazel Crest

$ 179,900

$ 135/sqft

Morton Grove

$ 263,202

$ 265/sqft

Elmwood Park

$ 373,000

$ 193/sqft

Forest Park

$ 249,951

$ 202/sqft

Park Ridge

$ 558,472

$ 293/sqft

Willow Springs

$ 599,900

$ 171/sqft

Harvey

$ 79,900

$ 88/sqft

Justice

$ 262,750

$ 140/sqft

Glenview

$ 549,500

$ 272/sqft

Thornton

$ 70,387

$ 67/sqft

Hoffman Estates

$ 346,371

$ 201/sqft

Franklin Park

$ 260,816

$ 160/sqft

Streamwood

$ 254,360

$ 198/sqft

Chicago Ridge

$ 276,372

$ 153/sqft

Hanover Park

$ 271,180

$ 191/sqft

La Grange Park

$ 405,110

$ 278/sqft

Riverdale

$ 150,000

$ 108/sqft

Blue Island

$ 232,974

$ 137/sqft

Glenwood

$ 200,000

$ 142/sqft

Berkeley

$ 204,993

$ 176/sqft

Northbrook

$ 631,751

$ 283/sqft

Harwood Heights

$ 325,833

$ 243/sqft

Wheeling

$ 253,940

$ 187/sqft

Melrose Park

$ 314,900

$ 209/sqft

Cicero

$ 245,495

$ 176/sqft

Winnetka

$ 903,065

$ 307/sqft

Flossmoor

$ 347,677

$ 131/sqft

Crestwood

$ 243,314

$ 156/sqft

Palos Hills

$ 358,248

$ 166/sqft

Stone Park

$ 419,999

$ 167/sqft

Evergreen Park

$ 289,525

$ 234/sqft

Golf

$ 694,680

$ 332/sqft

Markham

$ 96,115

$ 88/sqft

Glencoe

$ 1,595,000

$ 293/sqft

Chicago Heights

$ 149,900

$ 117/sqft

Bridgeview

$ --

$ --

Matteson

$ 298,589

$ 125/sqft

Hines

$ --

$ --

Oak Forest

$ 271,003

$ 189/sqft

Summit Argo

$ --

$ --

Richton Park

$ 259,700

$ 149/sqft

Techny

$ --

$ --

Palos Heights

$ 295,348

$ 181/sqft

River Grove

$ --

$ --

Alsip

$ 198,531

$ 158/sqft

Bedford Park

$ --

$ --

Rolling Meadows

$ 314,828

$ 206/sqft

Posen

$ --

$ --

Niles

$ 303,662

$ 223/sqft

Robbins

$ --

$ --

Elk Grove Village

$ 302,238

$ 179/sqft

Kenilworth

$ --

$ --

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Housing Market Summary for Cook County, IL

Apr 2023March 2024Change
Median Listing Price$279.1K$287K2.83%
Median Sold Price$287.2K$287K-0.08%
Homes For Sale2,2701,995-12.11%
Homes Sold37,06133,868-8.62%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Cook County, IL

Cook County, IL home values range from $16,988 to $42,679,562. Glencoe is the priciest city with a median listing home price of $1,595,000, and Markham is most affordable with average house prices of around $124,800.

Foreclosure
There are 96 cities within Cook County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $831,335 in Chicago to the lowest value of $20,299 in Chicago. Foreclosure homes account for 0.00% of properties in Cook County, IL with Chicago containing 2929 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.39% of all residential properties in Cook County, IL with Chicago containing 2199 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 96 cities within Cook County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $10,092,979 in Winnetka to the lowest home value of $20,299 in Chicago.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Cook County, IL ranges from the highest value of $6,735,107 in Northbrook to the lowest value of $33,000 in Harvey. Bank owned homes and properties account for 0.04% of properties in Cook County, IL. There are 96 cities within Cook County, IL; Chicago containing 265 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Chicago has 465 auction properties, the highest number of properties going to auction in a single city in the state of Cook County, IL. Auction homes and other auction properties account for 0.08% of all properties in Cook County, IL. There are 96 cities within Cook County, IL; of those cities, the median estimated home value for homes going to auction ranges from $2,670,500 in Lemont to the lowest value of $33,090 in Lemont.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.16% of residential properties in Cook County, IL with Chicago containing 1105 homes for sale, the highest number of listed properties in a single city. There are 96 cities within Cook County, IL; homes for sale in those cities, have a range of median values from $1,595,000 in Glencoe to the lowest value of $21,293 in Harvey.
    Sold Homes
    The median value for recently sold homes ranges from $1,280,485 in Golf to the lowest price of $19,272 in Golf. There are 96 cities within Cook County, IL. Chicago has 15298 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.70% of properties in Cook County, IL.

      Compare Nearby Cities

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      Guide for Cook County, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      See More Articles
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.