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
Housing Market Summary for Arlington Heights, IL
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $425K | $374.4K | -11.89% |
Median Sold Price | $365.4K | $374.4K | 2.48% |
Homes For Sale | 27 | 20 | -25.93% |
Homes Sold | 883 | 836 | -5.32% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Arlington Heights, IL
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctions60004 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.
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