Market Overview
Home Prices in Evergreen Park, IL
The median home value in Evergreen Park, IL is $296,153 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.4% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Evergreen Park are priced28% below average. Evergreen Park is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Evergreen Park home values have risen by approximately27.7%, reflecting strong long-term appreciation in this market.
Price History
Evergreen Park Home Price Trend
City Comparison
Evergreen Park vs. National Median
At $296,153, homes in Evergreen Park cost 28% below the national median of $410,000. This makes Evergreen Park a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Evergreen Park?
20% Down Payment
$59,231
on $296,153
Monthly P&I
$1,545/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,962/mo
incl. taxes & insurance
Income Needed
$78,480
gross annual (30% rule)
10% Down Option
$29,615
+ PMI applies
Loan Amount (20% dn)
$236,922
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 Evergreen Park, IL?
The median home value in Evergreen Park is $296,153 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.4% year-over-year.
How much have home prices changed in Evergreen Park?
Over the past year, home values in Evergreen Park have increased by 5.4%. Over five years, prices have risen approximately 27.7%.
How much do I need to earn to buy a home in Evergreen Park?
To comfortably afford the median home price of $296,153 with a 20% down payment ($59,231) at today's rates (6.8%), you'd need a gross annual income of approximately $78,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Evergreen Park compare to the national average home price?
The national median home value is approximately $410,000. At $296,153, homes in Evergreen Park are 28% below the national average.
What metro area is Evergreen Park part of?
Evergreen Park is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.