
2515 E Olive St Apt 1C
Arlington Heights, IL
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Featured local agent — Arlington Heights, IL
Compass Real Estate · Arlington Heights, IL
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Housing market overview · Updated monthly ·
$505,000median sale price
The median home sale price in Arlington Heights, IL is $505,000, up 4.1% year-over-year. Homes sell in an average of 36 days with 201 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Arlington Heights, IL is currently a seller's market, based on 2.2 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
91
Last 12 weeks
Days on market
36
Average pace
Active listings
201
2.2 months supply
Sale-to-list
102.4%
Above asking
| Metric | Value |
|---|---|
| Median sale price | $505,000 |
| Median list price | $499,999 |
| Year-over-year price change | +4.1% |
| Average days on market | 36 days |
| Active inventory | 201 listings |
| Months of supply | 2.2 months |
| Sale-to-list price ratio | 102.4% |
| Median price per sq ft | $297/sq ft |
| Homes sold (latest month) | 91 |
| New listings (latest month) | 126 |
| Listings with a price cut | 10.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How the Arlington Heights, IL market breaks down across single-family homes, condos, and townhouses.
| 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 |
Source: Redfin · Updated monthly
The Arlington Heights housing market is currently classified as a seller's market with a median sale price of $505,000. Prices have risen 4.1% compared to last year, with homes spending an average of 36 days on market, indicating 2.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.2x provides context for how home values compare to local earning capacity.
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.

Arlington Heights, IL

Arlington Heights, IL

Arlington Heights, IL

Arlington Heights, IL

Arlington Heights, IL

Arlington Heights, IL

Arlington Heights, IL

Arlington Heights, IL

Arlington Heights, IL

Arlington Heights, IL

Arlington Heights, IL

Arlington Heights, IL
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Active listings
201
Homes on market
Median list price
$500K
Avg. days on market
36
Days until sale
New this week
126
Newly listed
Population
76,220
Median income
$118,532/yr
Median age
42.7 years
Owner-occupied
73.3%
College grads
60.2%
Avg commute
28.2 min
Source: U.S. Census Bureau ACS
Zillow home value
$502,325
Zillow rent index
$1,949/mo
Price-to-rent ratio
21.5x
Price-to-income
4.2x
Source: Zillow Research
Arlington Heights is a community of approximately 76K residents with a median age of 42.7 years.The median household income is $118,532, which reflects a relatively affluent area with strong earning potential. 60.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 73.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Arlington Heights offers a balanced lifestyle with accessible home values relative to local income levels.
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.
Want a head-to-head view? Compare Arlington Heights side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Arlington Heights, the price-to-rent ratio of 21.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 4.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Arlington Heights's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Arlington Heights's median home price.
The median home sale price in Arlington Heights is $505,000, up 4.1% from last year.
Homes typically spend 36 days on market before going under contract.
The median household income is $118,532 per year.
With 2.2 months of supply, Arlington Heights is currently a seller's market.
There are currently 201 homes listed for sale in Arlington Heights, IL.
The Zillow Home Value Index (ZHVI) for Arlington Heights is $502,325, representing the typical home value in the area.
The median condo/co-op sale price in Arlington Heights, IL is $275,000, compared to $650,000 for a single-family home, based on the latest Redfin data.
The median single-family home price in Arlington Heights, IL is $650,000 (about $340 per square foot).
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