Market Overview
Home Prices in Broadview, IL
The median home value in Broadview, IL is $282,525 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.7% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Broadview are priced31% below average. Broadview is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Broadview home values have risen by approximately28.7%, reflecting strong long-term appreciation in this market.
Price History
Broadview Home Price Trend
City Comparison
Broadview vs. National Median
At $282,525, homes in Broadview cost 31% below the national median of $410,000. This makes Broadview a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Broadview?
20% Down Payment
$56,505
on $282,525
Monthly P&I
$1,473/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,871/mo
incl. taxes & insurance
Income Needed
$74,840
gross annual (30% rule)
10% Down Option
$28,253
+ PMI applies
Loan Amount (20% dn)
$226,020
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 Broadview, IL?
The median home value in Broadview is $282,525 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.7% year-over-year.
How much have home prices changed in Broadview?
Over the past year, home values in Broadview have increased by 7.7%. Over five years, prices have risen approximately 28.7%.
How much do I need to earn to buy a home in Broadview?
To comfortably afford the median home price of $282,525 with a 20% down payment ($56,505) at today's rates (6.8%), you'd need a gross annual income of approximately $74,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Broadview compare to the national average home price?
The national median home value is approximately $410,000. At $282,525, homes in Broadview are 31% below the national average.
What metro area is Broadview part of?
Broadview is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.