Market Overview
Home Prices in Beach Park, IL
The median home value in Beach Park, IL is $305,136 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.8% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Beach Park are priced26% below average. Beach Park is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Beach Park home values have risen by approximately39.4%, reflecting strong long-term appreciation in this market.
Price History
Beach Park Home Price Trend
City Comparison
Beach Park vs. National Median
At $305,136, homes in Beach Park cost 26% below the national median of $410,000. This makes Beach Park a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Beach Park?
20% Down Payment
$61,027
on $305,136
Monthly P&I
$1,591/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,021/mo
incl. taxes & insurance
Income Needed
$80,840
gross annual (30% rule)
10% Down Option
$30,514
+ PMI applies
Loan Amount (20% dn)
$244,109
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Beach Park, IL?
The median home value in Beach Park is $305,136 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.8% year-over-year.
How much have home prices changed in Beach Park?
Over the past year, home values in Beach Park have increased by 6.8%. Over five years, prices have risen approximately 39.4%.
How much do I need to earn to buy a home in Beach Park?
To comfortably afford the median home price of $305,136 with a 20% down payment ($61,027) at today's rates (6.8%), you'd need a gross annual income of approximately $80,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Beach Park compare to the national average home price?
The national median home value is approximately $410,000. At $305,136, homes in Beach Park are 26% below the national average.
What metro area is Beach Park part of?
Beach Park is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.