Market Overview
Home Prices in Wood Dale, IL
The median home value in Wood Dale, IL is $360,520 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.6% compared to a year ago and up 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wood Dale are priced12% below average. Wood Dale is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Wood Dale home values have risen by approximately26.6%, reflecting strong long-term appreciation in this market.
Price History
Wood Dale Home Price Trend
City Comparison
Wood Dale vs. National Median
At $360,520, homes in Wood Dale cost 12% below the national median of $410,000. This makes Wood Dale a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Wood Dale?
20% Down Payment
$72,104
on $360,520
Monthly P&I
$1,880/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,388/mo
incl. taxes & insurance
Income Needed
$95,520
gross annual (30% rule)
10% Down Option
$36,052
+ PMI applies
Loan Amount (20% dn)
$288,416
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 Wood Dale, IL?
The median home value in Wood Dale is $360,520 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.6% year-over-year.
How much have home prices changed in Wood Dale?
Over the past year, home values in Wood Dale have increased by 4.6%. Over five years, prices have risen approximately 26.6%.
How much do I need to earn to buy a home in Wood Dale?
To comfortably afford the median home price of $360,520 with a 20% down payment ($72,104) at today's rates (6.8%), you'd need a gross annual income of approximately $95,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Wood Dale compare to the national average home price?
The national median home value is approximately $410,000. At $360,520, homes in Wood Dale are 12% below the national average.
What metro area is Wood Dale part of?
Wood Dale is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.