Market Overview
Home Prices in Carpentersville, IL
The median home value in Carpentersville, IL is $299,214 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Carpentersville are priced27% below average. Carpentersville is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Carpentersville home values have risen by approximately33.9%, reflecting strong long-term appreciation in this market.
Price History
Carpentersville Home Price Trend
City Comparison
Carpentersville vs. National Median
At $299,214, homes in Carpentersville cost 27% below the national median of $410,000. This makes Carpentersville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Carpentersville?
20% Down Payment
$59,843
on $299,214
Monthly P&I
$1,561/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,982/mo
incl. taxes & insurance
Income Needed
$79,280
gross annual (30% rule)
10% Down Option
$29,921
+ PMI applies
Loan Amount (20% dn)
$239,371
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 Carpentersville, IL?
The median home value in Carpentersville is $299,214 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3% year-over-year.
How much have home prices changed in Carpentersville?
Over the past year, home values in Carpentersville have increased by 3%. Over five years, prices have risen approximately 33.9%.
How much do I need to earn to buy a home in Carpentersville?
To comfortably afford the median home price of $299,214 with a 20% down payment ($59,843) at today's rates (6.8%), you'd need a gross annual income of approximately $79,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Carpentersville compare to the national average home price?
The national median home value is approximately $410,000. At $299,214, homes in Carpentersville are 27% below the national average.
What metro area is Carpentersville part of?
Carpentersville is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.