Market Overview
Home Prices in Mettawa, IL
The median home value in Mettawa, IL is $992,398 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.7% compared to a year ago and up 7.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mettawa are priced142% above average. Mettawa is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Mettawa home values have risen by approximately44.6%, reflecting strong long-term appreciation in this market.
Price History
Mettawa Home Price Trend
City Comparison
Mettawa vs. National Median
At $992,398, homes in Mettawa cost 142% above the national median of $410,000. Buyers in Mettawa should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Mettawa?
20% Down Payment
$198,480
on $992,398
Monthly P&I
$5,176/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,574/mo
incl. taxes & insurance
Income Needed
$262,960
gross annual (30% rule)
10% Down Option
$99,240
+ PMI applies
Loan Amount (20% dn)
$793,918
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 Mettawa, IL?
The median home value in Mettawa is $992,398 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.7% year-over-year.
How much have home prices changed in Mettawa?
Over the past year, home values in Mettawa have increased by 8.7%. Over five years, prices have risen approximately 44.6%.
How much do I need to earn to buy a home in Mettawa?
To comfortably afford the median home price of $992,398 with a 20% down payment ($198,480) at today's rates (6.8%), you'd need a gross annual income of approximately $262,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Mettawa compare to the national average home price?
The national median home value is approximately $410,000. At $992,398, homes in Mettawa are 142% above the national average.
What metro area is Mettawa part of?
Mettawa is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.