Market Overview
Home Prices in Westchester, IL
The median home value in Westchester, IL is $374,791 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.1% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Westchester are priced9% below average. Westchester is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Westchester home values have risen by approximately30.7%, reflecting strong long-term appreciation in this market.
Price History
Westchester Home Price Trend
City Comparison
Westchester vs. National Median
At $374,791, homes in Westchester cost 9% below the national median of $410,000. This makes Westchester a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Westchester?
20% Down Payment
$74,958
on $374,791
Monthly P&I
$1,955/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,483/mo
incl. taxes & insurance
Income Needed
$99,320
gross annual (30% rule)
10% Down Option
$37,479
+ PMI applies
Loan Amount (20% dn)
$299,833
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 Westchester, IL?
The median home value in Westchester is $374,791 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.1% year-over-year.
How much have home prices changed in Westchester?
Over the past year, home values in Westchester have increased by 7.1%. Over five years, prices have risen approximately 30.7%.
How much do I need to earn to buy a home in Westchester?
To comfortably afford the median home price of $374,791 with a 20% down payment ($74,958) at today's rates (6.8%), you'd need a gross annual income of approximately $99,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Westchester compare to the national average home price?
The national median home value is approximately $410,000. At $374,791, homes in Westchester are 9% below the national average.
What metro area is Westchester part of?
Westchester is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.