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Foreclosures in Des Plaines, IL 60016

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Des Plaines, IL Foreclosures

Current Market Conditions in in Des Plaines, IL As of March 2026?
Over the past month, Des Plaines’ real estate market has remained robust, with a slight increase in median home prices due to heightened buyer interest. The number of homes sold has slightly decreased, indicating a tightening inventory, which suggests that buyers need to act quickly when desirable properties come on the market.
How much do homes sell for in Des Plaines, IL?
The average home price is currently $401,567.
In Des Plaines, IL, how many homes are available?
There are currently 5 active home listings available in Des Plaines.
What’s the average rental cost in Des Plaines, IL?
The average rental price in Des Plaines is $1,718.
What is the most expensive home in Des Plaines?
The most expensive home sold in Des Plaines had a price of $111,088,680.
What is currently the cheapest priced home in Des Plaines, IL?
The cheapest home for sale in Des Plaines is priced at $13,575.

Living in Des Plaines, IL

Des Plaines, IL, is a thriving suburb of Chicago offering a blend of urban conveniences and suburban charm. With numerous parks and recreational facilities, it caters to outdoor enthusiasts and families alike. Excellent schools and strong community ties further enhance the livability of this area.

Buyer vs Seller Market in Des Plaines, IL

Des Plaines has shown steady growth in its real estate market over the past few years, with a balanced mix of single-family homes and multifamily units. The area has seen an increase in demand, particularly from families looking for quality schools and amenities, leading to a competitive market.

As more companies expand their presence in the Chicago metro area, Des Plaines continues to attract new residents, contributing to rising property values and increasing interest from investors.

Home Value Estimator For Des Plaines, IL

There are currently 29,764 real estate properties in Des Plaines, IL, with a median automated valuation model (AVM) price of $351,864.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Des Plaines, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Des Plaines, IL, is $401,567.00, with the most expensive house in Des Plaines, IL, topping out at $111,088,680.00 and the cheapest home in Des Plaines, IL, clocking in at $13,575.00. In other words, there’s something for every potential homebuyer or savvy investor in Des Plaines, IL!

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.

Des Plaines, IL 60016 Foreclosures

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