Cook County, IL Home Values & Market Trends

The median home price in Cook County, IL is $290,039.5. 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 2,110, and the percentage of properties for sale is 2110.00%. The county has 6,999 foreclosures, 576 bank owned properties, 1,043 headed for auction, and 2,110 properties for sale.

Cook County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Chicago

$ 305,000

$ 243/sqft

Broadview

$ 259,900

$ 196/sqft

Dolton

$ 158,963

$ 132/sqft

Riverside

$ 304,616

$ 275/sqft

Calumet City

$ 160,000

$ 129/sqft

Westchester

$ 281,170

$ 210/sqft

Lansing

$ 190,665

$ 149/sqft

River Forest

$ 189,000

$ 210/sqft

Schaumburg

$ 317,350

$ 204/sqft

Wilmette

$ 1,002,438

$ 283/sqft

Oak Lawn

$ 268,406

$ 171/sqft

Rolling Meadows

$ 293,623

$ 211/sqft

Oak Park

$ 443,037

$ 255/sqft

Olympia Fields

$ 341,623

$ 120/sqft

Country Club Hills

$ 185,000

$ 135/sqft

Western Springs

$ 793,584

$ 249/sqft

Des Plaines

$ 306,364

$ 203/sqft

Hillside

$ 296,100

$ 227/sqft

Palatine

$ 287,500

$ 216/sqft

Schiller Park

$ 349,084

$ 238/sqft

Berwyn

$ 302,400

$ 190/sqft

Worth

$ 159,000

$ 152/sqft

South Holland

$ 210,000

$ 130/sqft

Elk Grove Village

$ 299,695

$ 186/sqft

Orland Park

$ 389,900

$ 186/sqft

La Grange

$ 679,000

$ 234/sqft

Evanston

$ 399,033

$ 325/sqft

Lemont

$ 582,250

$ 199/sqft

Hazel Crest

$ 189,050

$ 152/sqft

Brookfield

$ 258,705

$ 205/sqft

Arlington Heights

$ 384,123

$ 232/sqft

Niles

$ 312,730

$ 197/sqft

Homewood

$ 268,732

$ 156/sqft

Palos Park

$ 637,000

$ 232/sqft

Elmwood Park

$ 359,900

$ 193/sqft

Hickory Hills

$ 394,054

$ 185/sqft

Maywood

$ 247,837

$ 157/sqft

Lyons

$ 223,591

$ 211/sqft

Tinley Park

$ 277,303

$ 163/sqft

Franklin Park

$ 280,358

$ 177/sqft

Park Forest

$ 122,000

$ 94/sqft

Chicago Ridge

$ 206,940

$ 141/sqft

Hoffman Estates

$ 333,975

$ 198/sqft

Forest Park

$ 178,416

$ 184/sqft

Matteson

$ 284,000

$ 125/sqft

Prospect Heights

$ 267,524

$ 152/sqft

Skokie

$ 322,794

$ 260/sqft

Thornton

$ 110,746

$ 99/sqft

Burbank

$ 348,536

$ 226/sqft

Hometown

$ 227,500

$ 175/sqft

Riverdale

$ 132,064

$ 88/sqft

Morton Grove

$ 285,355

$ 305/sqft

Harvey

$ 79,000

$ 84/sqft

Berkeley

$ 204,993

$ 176/sqft

Chicago Heights

$ 161,000

$ 104/sqft

Willow Springs

$ 697,450

$ 343/sqft

Glenview

$ 513,936

$ 264/sqft

Blue Island

$ 190,900

$ 124/sqft

Northbrook

$ 643,750

$ 278/sqft

Harwood Heights

$ 325,833

$ 243/sqft

Mount Prospect

$ 339,618

$ 223/sqft

Justice

$ 291,074

$ 139/sqft

Streamwood

$ 265,101

$ 209/sqft

Lincolnwood

$ 462,138

$ 327/sqft

Richton Park

$ 196,817

$ 152/sqft

La Grange Park

$ 405,110

$ 278/sqft

Park Ridge

$ 568,444

$ 304/sqft

Winnetka

$ 903,065

$ 307/sqft

Cicero

$ 245,000

$ 186/sqft

Stone Park

$ 419,999

$ 167/sqft

Palos Hills

$ 354,060

$ 172/sqft

Golf

$ 694,680

$ 332/sqft

Glenwood

$ 200,000

$ 144/sqft

Glencoe

$ 1,595,000

$ 293/sqft

Hanover Park

$ 271,840

$ 211/sqft

River Grove

$ 324,900

$ 250/sqft

Flossmoor

$ 379,700

$ 129/sqft

Melrose Park

$ 314,900

$ 209/sqft

Evergreen Park

$ 277,250

$ 226/sqft

Bridgeview

$ 264,900

$ 192/sqft

Oak Forest

$ 271,003

$ 189/sqft

Crestwood

$ 243,314

$ 156/sqft

Bellwood

$ 224,900

$ 214/sqft

Summit Argo

$ --

$ --

Wheeling

$ 282,554

$ 202/sqft

Techny

$ --

$ --

Palos Heights

$ 312,950

$ 178/sqft

Bedford Park

$ --

$ --

Markham

$ 159,700

$ 96/sqft

Posen

$ --

$ --

Midlothian

$ 200,243

$ 160/sqft

Robbins

$ --

$ --

Steger

$ 189,900

$ 110/sqft

Kenilworth

$ --

$ --

Alsip

$ 196,967

$ 148/sqft

Hines

$ --

$ --

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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 Harvey is most affordable with average house prices of around $79,900.

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 2966 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.40% of all residential properties in Cook County, IL with Chicago containing 2237 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 $31,500 in Calumet City. 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 276 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Chicago has 453 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 1059 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 $18,592 in Golf. There are 96 cities within Cook County, IL. Chicago has 15611 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.77% 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
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      Market Reports
      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      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 new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Market Reports|posted 4 April 2024

      The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.