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City-owned Homes And Land in Des Plaines, IL

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Des Plaines, IL Foreclosures

How much do homes sell for in Des Plaines, IL?
The average home price is currently $402,635.
In Des Plaines, IL, how many homes are available?
There are currently 312 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 $1,719.
What is the most expensive home in Des Plaines?
The most expensive home sold in Des Plaines had a price of $113,712,992.
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 is a vibrant suburban city located just northwest of Chicago, offering a balanced blend of urban amenities and suburban tranquility. Residents enjoy access to beautiful parks, excellent schools, and a variety of shopping and dining options, making it an appealing choice for families and professionals alike. With convenient transportation links to downtown Chicago and other suburban areas, Des Plaines is a prime location for those seeking both a community atmosphere and easy city access.

Current Market Conditions in Des Plaines, IL

The Des Plaines real estate market has seen steady growth due to its desirable location and family-friendly amenities, keeping housing demand high. Housing prices have consistently appreciated over the past year, reflecting an ongoing trend of urban migration into the suburbs.

Current market conditions show a balanced inventory of homes, with some increasing competition among buyers. The variety of homes available caters to different buyer needs, from affordable starter homes to more luxurious properties.

Home Value Estimator For Des Plaines, IL

There are currently 29,539 real estate properties in Des Plaines, IL, with a median automated valuation model (AVM) price of $357,895.00. 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 $402,635.00, with the most expensive house in Des Plaines, IL, topping out at $113,712,992.00 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 $1,719.00. 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 City-owned Homes And Land

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