Market Overview
Home Prices in Des Plaines, IL
The median home value in Des Plaines, IL is $360,826 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.1% 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 Des Plaines are priced12% below average. Des Plaines is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Des Plaines home values have risen by approximately31.8%, reflecting strong long-term appreciation in this market.
Price History
Des Plaines Home Price Trend
City Comparison
Des Plaines vs. National Median
At $360,826, homes in Des Plaines cost 12% below the national median of $410,000. This makes Des Plaines a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Des Plaines?
20% Down Payment
$72,165
on $360,826
Monthly P&I
$1,882/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,390/mo
incl. taxes & insurance
Income Needed
$95,600
gross annual (30% rule)
10% Down Option
$36,083
+ PMI applies
Loan Amount (20% dn)
$288,661
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 Des Plaines, IL?
The median home value in Des Plaines is $360,826 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.1% year-over-year.
How much have home prices changed in Des Plaines?
Over the past year, home values in Des Plaines have increased by 6.1%. Over five years, prices have risen approximately 31.8%.
How much do I need to earn to buy a home in Des Plaines?
To comfortably afford the median home price of $360,826 with a 20% down payment ($72,165) at today's rates (6.8%), you'd need a gross annual income of approximately $95,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Des Plaines compare to the national average home price?
The national median home value is approximately $410,000. At $360,826, homes in Des Plaines are 12% below the national average.
What metro area is Des Plaines part of?
Des Plaines is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.