Cook County, IL Home Values & Market Trends

The median home price in Cook County, IL is $290,035.07. There were 64,408 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 $276,019.951. The number of current listings in Cook County, IL is 2,212, and the percentage of properties for sale is 2212.00%. The county has 7,014 foreclosures, 547 bank owned properties, 1,040 headed for auction, and 2,212 properties for sale.

Cook County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Chicago

$ 316,923

$ 246/sqft

River Forest

$ 357,000

$ 208/sqft

Oak Park

$ 374,078

$ 224/sqft

Midlothian

$ 177,946

$ 148/sqft

Lansing

$ 190,654

$ 135/sqft

Palos Park

$ 610,501

$ 224/sqft

Calumet City

$ 160,000

$ 124/sqft

Steger

$ 212,200

$ 122/sqft

Dolton

$ 159,900

$ 134/sqft

Broadview

$ 255,231

$ 203/sqft

Oak Lawn

$ 252,239

$ 160/sqft

Hillside

$ 257,500

$ 200/sqft

Des Plaines

$ 306,364

$ 198/sqft

Niles

$ 303,376

$ 255/sqft

South Holland

$ 195,547

$ 129/sqft

Wilmette

$ 1,002,438

$ 283/sqft

Arlington Heights

$ 376,926

$ 232/sqft

Western Springs

$ 729,584

$ 252/sqft

Berwyn

$ 299,900

$ 194/sqft

Riverside

$ 304,616

$ 275/sqft

Evanston

$ 449,800

$ 312/sqft

Schiller Park

$ 349,084

$ 238/sqft

Palatine

$ 287,500

$ 192/sqft

Hickory Hills

$ 354,900

$ 185/sqft

Schaumburg

$ 317,350

$ 228/sqft

Olympia Fields

$ 341,623

$ 120/sqft

Orland Park

$ 449,000

$ 170/sqft

Brookfield

$ 270,178

$ 209/sqft

Country Club Hills

$ 185,000

$ 135/sqft

Bellwood

$ 215,705

$ 215/sqft

Skokie

$ 378,600

$ 262/sqft

Morton Grove

$ 285,355

$ 276/sqft

Maywood

$ 245,926

$ 147/sqft

Lincolnwood

$ 375,278

$ 274/sqft

Park Forest

$ 123,452

$ 101/sqft

Lemont

$ 627,035

$ 152/sqft

Homewood

$ 267,765

$ 154/sqft

Hometown

$ 219,990

$ 217/sqft

Tinley Park

$ 269,410

$ 156/sqft

Franklin Park

$ 280,358

$ 177/sqft

Hazel Crest

$ 189,050

$ 147/sqft

Chicago Ridge

$ 206,940

$ 141/sqft

Burbank

$ 329,900

$ 218/sqft

Forest Park

$ 209,387

$ 187/sqft

Mount Prospect

$ 327,939

$ 220/sqft

Worth

$ 159,000

$ 197/sqft

Park Ridge

$ 548,500

$ 297/sqft

Willow Springs

$ 599,900

$ 171/sqft

Glenview

$ 546,672

$ 262/sqft

Lyons

$ 222,183

$ 231/sqft

Matteson

$ 291,294

$ 120/sqft

Justice

$ 262,750

$ 140/sqft

Harvey

$ 79,450

$ 86/sqft

La Grange

$ 900,439

$ 243/sqft

Elmwood Park

$ 373,000

$ 193/sqft

Thornton

$ 70,387

$ 67/sqft

Hoffman Estates

$ 352,743

$ 193/sqft

Blue Island

$ 166,149

$ 127/sqft

Streamwood

$ 246,108

$ 209/sqft

Prospect Heights

$ 636,333

$ 137/sqft

Riverdale

$ 139,900

$ 98/sqft

Berkeley

$ 204,993

$ 176/sqft

Northbrook

$ 631,751

$ 283/sqft

La Grange Park

$ 405,110

$ 278/sqft

Hanover Park

$ 258,181

$ 191/sqft

Winnetka

$ 903,065

$ 307/sqft

Wheeling

$ 258,880

$ 194/sqft

Crestwood

$ 243,314

$ 156/sqft

Palos Hills

$ 349,074

$ 166/sqft

Stone Park

$ 419,999

$ 167/sqft

Glenwood

$ 183,356

$ 144/sqft

Golf

$ 694,680

$ 332/sqft

Chicago Heights

$ 144,391

$ 125/sqft

Harwood Heights

$ 291,667

$ 228/sqft

Richton Park

$ 228,258

$ 142/sqft

Melrose Park

$ 314,900

$ 209/sqft

Flossmoor

$ 345,654

$ 129/sqft

Summit Argo

$ --

$ --

Cicero

$ 245,000

$ 179/sqft

Techny

$ --

$ --

Markham

$ 90,557

$ 82/sqft

Glencoe

$ --

$ --

Palos Heights

$ 399,000

$ 161/sqft

River Grove

$ --

$ --

Evergreen Park

$ 315,000

$ 226/sqft

Bedford Park

$ --

$ --

Oak Forest

$ 287,572

$ 189/sqft

Posen

$ --

$ --

Elk Grove Village

$ 304,782

$ 186/sqft

Robbins

$ --

$ --

Alsip

$ 198,531

$ 158/sqft

Kenilworth

$ --

$ --

Rolling Meadows

$ 314,828

$ 206/sqft

Bridgeview

$ --

$ --

Westchester

$ 274,640

$ 206/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. Western Springs is the priciest city with a median listing home price of $1,149,000, and Markham is most affordable with average house prices of around $92,350.

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 2987 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 2269 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 River Forest 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 257 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Chicago has 461 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 $34,299 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 1157 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 $903,065 in Winnetka 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 15860 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.79% 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
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      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.

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.