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Foreclosure Homes 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 $401,655.
In Des Plaines, IL, how many homes are available?
There are currently 314 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 $112,034,256.
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 suburban community with a rich array of shopping, dining, and recreational opportunities. The city’s excellent schools make it a desirable location for families, while its easy access to public transportation and major highways connect residents to the greater Chicago area.

Current Market Conditions in Des Plaines, IL

The real estate market in Des Plaines has been on an upward trend, with increasing home values reflecting a growing demand. The city’s proximity to Chicago and its appealing community features make it a hotspot for new buyers and investors alike.

During the past year, home sales have seen a noticeable increase, and the inventory of available homes remains competitive. With various styles of homes available, from single-family residences to condominiums, there is something for every investor and homebuyer.

Home Value Estimator For Des Plaines, IL

There are currently 29,568 real estate properties in Des Plaines, IL, with a median automated valuation model (AVM) price of $358,722.00. 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 $401,655.00, with the most expensive house in Des Plaines, IL, topping out at $112,034,256.00 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 Foreclosures


Market Trend for Des Plaines, IL

Total Listings Available: 314

Market Values:

Home Prices from $13,575 to $112,034,256

Average Sales Price: $401,655

Rental Values:

Rental from $570 to $3,840

Average Rent Value: $1,718 / month

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