Market Overview
Home Prices in Villa Park, IL
The median home value in Villa Park, IL is $369,933 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.9% compared to a year ago and up 5.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Villa Park are priced10% below average. Villa Park is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Villa Park home values have risen by approximately30.6%, reflecting strong long-term appreciation in this market.
Price History
Villa Park Home Price Trend
City Comparison
Villa Park vs. National Median
At $369,933, homes in Villa Park cost 10% below the national median of $410,000. This makes Villa Park a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Villa Park?
20% Down Payment
$73,987
on $369,933
Monthly P&I
$1,929/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,450/mo
incl. taxes & insurance
Income Needed
$98,000
gross annual (30% rule)
10% Down Option
$36,993
+ PMI applies
Loan Amount (20% dn)
$295,946
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 Villa Park, IL?
The median home value in Villa Park is $369,933 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.9% year-over-year.
How much have home prices changed in Villa Park?
Over the past year, home values in Villa Park have increased by 4.9%. Over five years, prices have risen approximately 30.6%.
How much do I need to earn to buy a home in Villa Park?
To comfortably afford the median home price of $369,933 with a 20% down payment ($73,987) at today's rates (6.8%), you'd need a gross annual income of approximately $98,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Villa Park compare to the national average home price?
The national median home value is approximately $410,000. At $369,933, homes in Villa Park are 10% below the national average.
What metro area is Villa Park part of?
Villa 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.