Land Foreclosures in Des Plaines, IL

Current Market Conditions in Des Plaines, IL

The current real estate market in Des Plaines is experiencing a steady growth trend, with home prices gradually increasing over the past few years. This is driven by a strong demand for single-family homes and a limited supply, making it a favorable environment for sellers.

Investors are taking notice of the potential for investment returns in Des Plaines, particularly as more families seek suburban living with access to urban amenities. The market's stability, combined with ongoing urban development projects, positions it as a promising area for future growth.

Rent Prices In Des Plaines, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Des Plaines, IL, is on a rollercoaster ride. The average rent price in Des Plaines, IL, is $1,718.00. Indeed, when looking to rent in Des Plaines, IL, you can expect to pay as little as $570.00 or as much as $3,840.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Des Plaines, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.