Market Overview
Home Prices in Crest Hill, IL
The median home value in Crest Hill, IL is $285,382 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.9% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Crest Hill are priced30% below average. Crest Hill is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Crest Hill home values have risen by approximately32.0%, reflecting strong long-term appreciation in this market.
Price History
Crest Hill Home Price Trend
City Comparison
Crest Hill vs. National Median
At $285,382, homes in Crest Hill cost 30% below the national median of $410,000. This makes Crest Hill a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Crest Hill?
20% Down Payment
$57,076
on $285,382
Monthly P&I
$1,488/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,890/mo
incl. taxes & insurance
Income Needed
$75,600
gross annual (30% rule)
10% Down Option
$28,538
+ PMI applies
Loan Amount (20% dn)
$228,306
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 Crest Hill, IL?
The median home value in Crest Hill is $285,382 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.9% year-over-year.
How much have home prices changed in Crest Hill?
Over the past year, home values in Crest Hill have increased by 0.9%. Over five years, prices have risen approximately 32.0%.
How much do I need to earn to buy a home in Crest Hill?
To comfortably afford the median home price of $285,382 with a 20% down payment ($57,076) at today's rates (6.8%), you'd need a gross annual income of approximately $75,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Crest Hill compare to the national average home price?
The national median home value is approximately $410,000. At $285,382, homes in Crest Hill are 30% below the national average.
What metro area is Crest Hill part of?
Crest Hill is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.