Market Overview
Home Prices in Elmhurst, IL
The median home value in Elmhurst, IL is $645,981 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.3% compared to a year ago and up 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Elmhurst are priced58% above average. Elmhurst is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Elmhurst home values have risen by approximately30.0%, reflecting strong long-term appreciation in this market.
Price History
Elmhurst Home Price Trend
City Comparison
Elmhurst vs. National Median
At $645,981, homes in Elmhurst cost 58% above the national median of $410,000. Buyers in Elmhurst should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Elmhurst?
20% Down Payment
$129,196
on $645,981
Monthly P&I
$3,369/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,279/mo
incl. taxes & insurance
Income Needed
$171,160
gross annual (30% rule)
10% Down Option
$64,598
+ PMI applies
Loan Amount (20% dn)
$516,785
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 Elmhurst, IL?
The median home value in Elmhurst is $645,981 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.3% year-over-year.
How much have home prices changed in Elmhurst?
Over the past year, home values in Elmhurst have increased by 8.3%. Over five years, prices have risen approximately 30.0%.
How much do I need to earn to buy a home in Elmhurst?
To comfortably afford the median home price of $645,981 with a 20% down payment ($129,196) at today's rates (6.8%), you'd need a gross annual income of approximately $171,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Elmhurst compare to the national average home price?
The national median home value is approximately $410,000. At $645,981, homes in Elmhurst are 58% above the national average.
What metro area is Elmhurst part of?
Elmhurst is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.