Land Foreclosures in Skokie, IL

Current Market Conditions in Skokie, IL

The real estate market in Skokie has been experiencing steady growth, with an increasing number of home buyers looking for single-family homes in the area. The competitive market is fueled by its desirable location and highly-rated school district, resulting in homes typically selling quickly.

Recently, the demand for homes has led to slight price increases, but Skokie still offers relatively affordable housing compared to nearby Chicago. The rental market is also robust, appealing to a mix of long-term residents and newcomers.

Rent Prices In Skokie, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Skokie, IL, is on a rollercoaster ride. The average rent price in Skokie, IL, is $2,114.00. Indeed, when looking to rent in Skokie, IL, you can expect to pay as little as $730.00 or as much as $4,140.00, with the average rent median estimated to be $2,190.00. The good news is that finding an affordable and desirable property to rent in Skokie, 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.