Market Overview
Home Prices in La Grange Park, IL
The median home value in La Grange Park, IL is $506,270 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.9% compared to a year ago and up 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in La Grange Park are priced23% above average. La Grange Park is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, La Grange Park home values have risen by approximately30.1%, reflecting strong long-term appreciation in this market.
Price History
La Grange Park Home Price Trend
City Comparison
La Grange Park vs. National Median
At $506,270, homes in La Grange Park cost 23% above the national median of $410,000. Buyers in La Grange Park should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in La Grange Park?
20% Down Payment
$101,254
on $506,270
Monthly P&I
$2,640/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,353/mo
incl. taxes & insurance
Income Needed
$134,120
gross annual (30% rule)
10% Down Option
$50,627
+ PMI applies
Loan Amount (20% dn)
$405,016
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 La Grange Park, IL?
The median home value in La Grange Park is $506,270 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.9% year-over-year.
How much have home prices changed in La Grange Park?
Over the past year, home values in La Grange Park have increased by 9.9%. Over five years, prices have risen approximately 30.1%.
How much do I need to earn to buy a home in La Grange Park?
To comfortably afford the median home price of $506,270 with a 20% down payment ($101,254) at today's rates (6.8%), you'd need a gross annual income of approximately $134,120. This assumes keeping total housing costs at or below 30% of gross income.
How does La Grange Park compare to the national average home price?
The national median home value is approximately $410,000. At $506,270, homes in La Grange Park are 23% above the national average.
What metro area is La Grange Park part of?
La Grange 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.