Market Overview
Home Prices in Romeoville, IL
The median home value in Romeoville, IL is $323,928 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.4% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Romeoville are priced21% below average. Romeoville is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Romeoville home values have risen by approximately33.8%, reflecting strong long-term appreciation in this market.
Price History
Romeoville Home Price Trend
City Comparison
Romeoville vs. National Median
At $323,928, homes in Romeoville cost 21% below the national median of $410,000. This makes Romeoville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Romeoville?
20% Down Payment
$64,786
on $323,928
Monthly P&I
$1,689/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,145/mo
incl. taxes & insurance
Income Needed
$85,800
gross annual (30% rule)
10% Down Option
$32,393
+ PMI applies
Loan Amount (20% dn)
$259,142
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 Romeoville, IL?
The median home value in Romeoville is $323,928 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.4% year-over-year.
How much have home prices changed in Romeoville?
Over the past year, home values in Romeoville have increased by 2.4%. Over five years, prices have risen approximately 33.8%.
How much do I need to earn to buy a home in Romeoville?
To comfortably afford the median home price of $323,928 with a 20% down payment ($64,786) at today's rates (6.8%), you'd need a gross annual income of approximately $85,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Romeoville compare to the national average home price?
The national median home value is approximately $410,000. At $323,928, homes in Romeoville are 21% below the national average.
What metro area is Romeoville part of?
Romeoville is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.