Arlington Heights, IL Home Values & Market Trends

Real estate market trends reflect that there have been 1,124 transactions over the past year in Arlington Heights. The median value for residential home transactions that occurred over the previous year is $370,351.28. The number of current listings in Arlington Heights is 26, and the percentage of properties for sale in the city is 26.00%. Arlington Heights, IL currently has 43 properties in foreclosure, 3 bank owned properties, 3 properties headed for auction, and 26 properties for sale.

Arlington Heights, IL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
60004

$ 369,000

$ 211/sqft

60005

$ 375,000

$ 234/sqft

Housing Market Summary for Arlington Heights, IL

Mar 2023February 2024Change
Median Listing Price$425K$374.4K-11.89%
Median Sold Price$365.4K$374.4K2.48%
Homes For Sale2720-25.93%
Homes Sold883836-5.32%
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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 Arlington Heights, IL

Arlington Heights home values range from $35,380 to $2,050,000. The median estimated value of a home in Arlington Heights is $370,351.28. The median list price of a home is 374,450, and the total count of properties in the city is 28,426.

Foreclosure
There are 2 zips within Arlington Heights, IL; within these zips, the median estimated home value for homes in foreclosure ranges from $1,091,500 in 60005 to the lowest value of $132,817 in 60005. Foreclosure homes account for 0.00% of properties in Arlington Heights, IL with 60004 containing 30 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.13% of all residential properties in Arlington Heights, IL with 60004 containing 24 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Arlington Heights, IL; of those zips, the estimated home value for pre-foreclosure homes ranges from $699,900 in 60004 to the lowest home value of $132,817 in 60005.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Arlington Heights, IL ranges from the highest value of $349,900 in 60004 to the lowest value of $181,277 in 60004. Bank owned homes and properties account for 0.01% of properties in Arlington Heights, IL. There are 2 zips within Arlington Heights, IL; 60004 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60004 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Arlington Heights, IL. Auction homes and other auction properties account for 0.01% of all properties in Arlington Heights, IL. There are 2 zips within Arlington Heights, IL; of those zips, the median estimated home value for homes going to auction ranges from $1,091,500 in 60004 to the lowest value of $353,128 in 60004.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.09% of residential properties in Arlington Heights, IL with 60004 containing 17 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Arlington Heights, IL; homes for sale in those zips, have a range of median values from $923,984 in 60005 to the lowest value of $147,200 in 60004.
    Sold Homes
    The median value for recently sold homes ranges from $1,286,750 in 60004 to the lowest price of $41,357 in 60004. There are 2 zips within Arlington Heights, IL. 60004 has 528 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.88% of properties in Arlington Heights, IL.

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      Guide for Arlington Heights, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      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.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?

      Recently Listed Homes Arlington Heights, IL

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