$200,000
2515 E Olive St Apt 1C
Arlington Heights, IL
1 bd1 ba850 sqft$235/ft²
Condo
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Sarah Mitchell
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Compass Real Estate · Arlington Heights, IL
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Arlington Heights, IL(512) 555-0184TX License #0512847
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Arlington Heights, IL Housing Market
Seller's market+7.9% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Arlington Heights, IL is worth $495,520, rose 7.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $505,000, +4.1% year over year (through May 2026). With 2.2 months of supply and homes going under contract in about 36 days, Arlington Heights is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $495,520 home is about $2,645/mo in principal and interest.
Key numbers for Arlington Heights, IL
Typical home value
$495,520
+7.9% in 12 months
Zillow, August 2026
Typical asking rent
$1,985/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$505,000
+4.1% year over year
Redfin, through May 2026
Days on market
36
Average pace
Redfin, through May 2026
Active listings
201
2.2 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$118,532
Home costs 4.2x income
U.S. Census ACS, 2023
Sale-to-list ratio
102.4%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Arlington Heights a buyer's or seller's market?
Seller's market2.2 months of supply36 days on market102.4% of asking
Arlington Heights, IL is a seller's market, based on 2.2 months of supply and homes selling in about 36 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Arlington Heights housing market data show?
Every row below is Redfin's final published month for Arlington Heights, IL. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $505,000 |
| Median list price | $499,999 |
| Year-over-year price change | +4.1% |
| Median price per sq ft | $297/sq ft |
| Median days on market | 36 days |
| Active inventory | 201 listings |
| Months of supply | 2.2 months |
| Sale-to-list price ratio | 102.4% |
| Homes sold (that month) | 91 |
| New listings (that month) | 126 |
| Listings with a price cut | 10.4% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Arlington Heights is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Arlington Heights is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Arlington Heights home prices moved?
Over the last three years the median sale price in Arlington Heights, IL rose 23.9%, from $407,500 to $505,000. The live Zillow value series has rose 7.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. 10.4% of Arlington Heights listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 2.2 months while the sale-to-list ratio slips below its current 102.4%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Arlington Heights?
Priced off the typical home value of $495,520 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $99,104 | $396,416 | $2,645/mo |
| 5% | $24,776 | $470,744 | $3,141/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,645, that implies roughly $113,372 a year before you add taxes and insurance. The median household in Arlington Heights earns $118,532, about $5,160 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.2x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Arlington Heights in the next 12 months?
Tell us your timeline. We send the Arlington Heights market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Arlington Heights?
Typical asking rent in Arlington Heights, IL is $1,985/mo, against a typical home value of $495,520. That is a price-to-rent ratio of 20.8x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $2,645 a month — $661 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Arlington Heights?
Active listings in Arlington Heights, IL went from 202 in May 2025 to 201 in May 2026, a -0.5% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 181 | 105 |
| July 2025 | 188 | 106 |
| August 2025 | 162 | 84 |
| September 2025 | 169 | 91 |
| October 2025 | 150 | 63 |
| November 2025 | 136 | 56 |
| December 2025 | 92 | 30 |
| January 2026 | 113 | 57 |
| February 2026 | 142 | 85 |
| March 2026 | 162 | 106 |
| April 2026 | 188 | 124 |
| May 2026 | 201 | 126 |
Redfin, through May 2026
How does Arlington Heights compare to Illinois and the U.S.?
Arlington Heights homes sell for $505,000 — 49% above the Illinois median of $337,900. Against the national median of $410,700, Arlington Heights runs 23% higher. Year-over-year, Arlington Heights moved +4.1% against Illinois's +5.9% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Arlington Heights, IL | $505,000 | +4.1% | 36 days |
| Illinois statewide | $337,900 | +5.9% | 43 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Arlington Heights
What buyers should watch
- Months of supply, currently 2.2. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 10.4%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $496 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $495,520 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Arlington Heights listing goes under contract in 36 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 102.4% of asking. Price at the number you want and let competition do the rest.
- In the last published month Arlington Heights added 126 new listings against 91 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +7.9% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Arlington Heights varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Arlington Heights
There are currently 201 homes listed for sale in Arlington Heights, Illinois. The median listing price is $500K. Featured listings range from $200,000 to $925,000.
$299,900
2700 E Bel Aire Dr Apt 303
Arlington Heights, IL
2 bd2 ba1,346 sqft$223/ft²
Condo
View photos & details
$339,900
1010 W Elm St
Arlington Heights, IL
3 bd1 ba1,150 sqft$296/ft²
House
View photos & details
$375,000
1505 W Euclid Ave
Arlington Heights, IL
3 bd2 ba1,054 sqft$356/ft²
House7,492 sqft lot
View photos & details
$465,000
213 S Dryden Pl
Arlington Heights, IL
4 bd3 ba1,720 sqft$270/ft²
House5,306 sqft lot
View photos & details
$499,900
507 S Waterman Ave
Arlington Heights, IL
4 bd3 ba2,252 sqft$222/ft²
House8,978 sqft lot
View photos & details
$525,000
1606 W Concord Dr
Arlington Heights, IL
4 bd3 ba2,139 sqft$245/ft²
House10,454 sqft lot
View photos & details
$529,000
410 W Mueller St
Arlington Heights, IL
4 bd2 ba1,470 sqft$360/ft²
House6,499 sqft lot
View photos & details
$624,925
Address unavailable
Arlington Heights, IL
4 bd3 ba1,950 sqft$320/ft²
House9,043 sqft lot
View photos & details
$625,000
1919 N Pinetree Dr
Arlington Heights, IL
4 bd3 ba1,380 sqft$453/ft²
House8,712 sqft lot
View photos & details
$849,900
3026 Jackson Dr
Arlington Heights, IL
3 bd4 ba2,789 sqft$305/ft²
House40,685 sqft lot
View photos & details
$925,000
2019 E Avon Ln
Arlington Heights, IL
5 bd5 ba3,100 sqft$298/ft²
House11,456 sqft lot
View photos & details
Looking to buy in Arlington Heights?
Get connected with a local real estate expert — free, no obligation.
Active listings
201
Homes on market
Median list price
$500K
Avg. days on market
36
Days until sale
New this week
126
Newly listed
Price drops:10.4%of listings
Sale-to-list:102.4%
How much do homes cost in Arlington Heights by property type?
How the Arlington Heights, IL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $650,000 | $340/sq ft | 59 | 36 days |
| Condo / co-op | $275,000 | $217/sq ft | 21 | 32 days |
| Townhouse | $385,000 | $233/sq ft | 11 | 40 days |
Who lives in Arlington Heights?
American Community Survey estimates for Arlington Heights. U.S. Census ACS, 2023
Population
76,220
Households
31,248
Median income
$118,532/yr
Median age
42.7 years
Owner-occupied
73.3%
Median home value
$403,200
Median gross rent
$1,727/mo
Mean commute
28.2 min
73.3% of occupied homes in Arlington Heights are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $403,200 against Zillow's $495,520 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,727/mo, below Zillow's $1,985/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Arlington Heights?
20 schools tracked · 8,251 students
The largest public schools serving Arlington Heights, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
John Hersey High School
Grades 9-12 · 2,035 students
Thomas Middle School
Grades 6-8 · 992 students
South Middle School
Grades 6-8 · 813 students
Olive-Mary Stitt School
Grades K-5 · 635 students
Westgate Elem School
Grades K-5 · 618 students
Ivy Hill Elem School
Grades PK-5 · 565 students
Dryden Elem School
Grades K-5 · 505 students
Windsor Elementary School
Grades K-5 · 471 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Arlington Heights, IL?
Ordered by distance from Arlington Heights, not by size. Compare Arlington Heights side by side with any of them.
Arlington Heights housing market FAQ
Is Arlington Heights a buyer's or seller's market?
Arlington Heights, IL is currently a seller's market. That read comes from 2.2 months of supply, homes going under contract in about 36 days, and sellers getting 102.4% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Arlington Heights?
The typical home in Arlington Heights, IL is worth $495,520 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $505,000, about $297 per square foot.
Is Arlington Heights cheaper than the rest of Illinois?
Arlington Heights's median sale price of $505,000 is 49% higher than the Illinois statewide median of $337,900, and 23% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Arlington Heights?
Homes in Arlington Heights, IL spent a median of 36 days on market before going under contract, versus 43 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Arlington Heights?
At the current 30-year fixed rate of 7.03%, 20% down on a $495,520 home is about $2,645 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $113,372 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $118,532.
Are home prices rising in Arlington Heights?
The typical home value in Arlington Heights, IL rose 7.9% over the last 12 months, from $459,382 to $495,520 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Arlington Heights?
Arlington Heights ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Arlington Heights?
That depends on your timeline, not on a headline. What the data says today: Arlington Heights, IL is a seller's market with 2.2 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 20.8x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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