Foreclosure Homes in Clarendon Hills, IL 60514

Current Market Conditions in Clarendon Hills, IL

The real estate market in Clarendon Hills has experienced significant growth recently, with many new homes being built and existing properties undergoing renovations. This surge in demand has resulted in a competitive market, with homes selling quickly, often above asking price.

Investors are taking notice of the area's potential, particularly due to its proximity to Chicago and the quality of local schools. As more families seek out suburban living, prices are expected to continue rising.

Rent Prices In Clarendon Hills, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Clarendon Hills, IL, is on a rollercoaster ride. The average rent price in Clarendon Hills, IL, is $2,404.00. Indeed, when looking to rent in Clarendon Hills, IL, you can expect to pay as little as $800.00 or as much as $3,780.00, with the average rent median estimated to be $2,440.00. The good news is that finding an affordable and desirable property to rent in Clarendon Hills, 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.