Market Overview
Home Prices in Rolling Meadows, IL
The median home value in Rolling Meadows, IL is $343,170 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.3% compared to a year ago and up 4.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rolling Meadows are priced16% below average. Rolling Meadows is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Rolling Meadows home values have risen by approximately37.9%, reflecting strong long-term appreciation in this market.
Price History
Rolling Meadows Home Price Trend
City Comparison
Rolling Meadows vs. National Median
At $343,170, homes in Rolling Meadows cost 16% below the national median of $410,000. This makes Rolling Meadows a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rolling Meadows?
20% Down Payment
$68,634
on $343,170
Monthly P&I
$1,790/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,273/mo
incl. taxes & insurance
Income Needed
$90,920
gross annual (30% rule)
10% Down Option
$34,317
+ PMI applies
Loan Amount (20% dn)
$274,536
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 Rolling Meadows, IL?
The median home value in Rolling Meadows is $343,170 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.3% year-over-year.
How much have home prices changed in Rolling Meadows?
Over the past year, home values in Rolling Meadows have increased by 6.3%. Over five years, prices have risen approximately 37.9%.
How much do I need to earn to buy a home in Rolling Meadows?
To comfortably afford the median home price of $343,170 with a 20% down payment ($68,634) at today's rates (6.8%), you'd need a gross annual income of approximately $90,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Rolling Meadows compare to the national average home price?
The national median home value is approximately $410,000. At $343,170, homes in Rolling Meadows are 16% below the national average.
What metro area is Rolling Meadows part of?
Rolling Meadows is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.