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Foreclosure Homes in Elmhurst, IL 60148

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Elmhurst, IL Foreclosures

Current Market Conditions in in Elmhurst, IL As of March 2026?
Over the last month, Elmhurst's real estate market has continued its upward trend, with home sales increasing by approximately 10%. This surge is attributed to a mix of low inventory and sustained interest from families seeking quality schools and suburban living. Homes that are well-maintained and priced competitively are seeing multiple offers, showcasing the strength of the local market.
How much do homes sell for in Elmhurst, IL?
The average home price is currently $772,961.
In Elmhurst, IL, how many homes are available?
There are currently 397 active home listings available in Elmhurst.
What’s the average rental cost in Elmhurst, IL?
The average rental price in Elmhurst is $2,304.
What is the most expensive home in Elmhurst?
The most expensive home sold in Elmhurst had a price of $45,031,486.
What is currently the cheapest priced home in Elmhurst, IL?
The cheapest home for sale in Elmhurst is priced at $11,494.

Living in Elmhurst, IL

Elmhurst, IL is an affluent suburb of Chicago known for its excellent schools, parks, and vibrant downtown. The city offers a variety of dining, shopping, and recreational options, making it perfect for families and young professionals alike.

Buyer vs Seller Market in Elmhurst, IL

The real estate market in Elmhurst has shown strong resilience with steady demand and limited inventory. Homes here are quickly snapped up, with an increasing number of buyers looking for family-friendly communities close to Chicago.

In recent months, the city has seen a slight uptick in home prices as buyer competition remains high. New listings are popular and tend to sell for close to or above asking price, indicating a competitive market.

Home Value Estimator For Elmhurst, IL

There are currently 16,401 real estate properties in Elmhurst, IL, with a median automated valuation model (AVM) price of $617,723.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elmhurst, 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 Elmhurst, IL, is $772,961.00, with the most expensive house in Elmhurst, IL, topping out at $45,031,486.00 and the cheapest home in Elmhurst, IL, clocking in at $11,494.00. In other words, there’s something for every potential homebuyer or savvy investor in Elmhurst, IL!

Rent Prices In Elmhurst, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elmhurst, IL, is on a rollercoaster ride. The average rent price in Elmhurst, IL, is $2,304.00. Indeed, when looking to rent in Elmhurst, IL, you can expect to pay as little as $890.00 or as much as $4,480.00, with the average rent median estimated to be $2,180.00. The good news is that finding an affordable and desirable property to rent in Elmhurst, 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.

Elmhurst, IL 60148 Foreclosures

Market Trend for Elmhurst, IL

Total Listings Available: 397

Market Values:

Home Prices from $11,494 to $45,031,486

Average Sales Price: $772,961

Rental Values:

Rental from $890 to $4,480

Average Rent Value: $2,304 / month

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