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Featured local agent — Crest Hill, IL
Sarah Mitchell
Compass Real Estate · Crest Hill, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Crest Hill, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$294,000median sale price
How is the Crest Hill, IL housing market right now?
The median home sale price in Crest Hill, IL is $294,000, up 5.0% year-over-year. Homes sell in an average of 56 days with 40 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.)
Is Crest Hill a buyer's or seller's market?
Crest Hill, IL is currently a seller's market, based on 1.7 months of supply and homes selling in about 56 days. How we determine this →
Homes sold
24
Last 12 weeks
Days on market
56
Average pace
Active listings
40
1.7 months supply
Sale-to-list
101.1%
Above asking
What does the Crest Hill housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $294,000 |
| Median list price | $289,904 |
| Year-over-year price change | +5.0% |
| Average days on market | 56 days |
| Active inventory | 40 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 101.1% |
| Median price per sq ft | $189/sq ft |
| Homes sold (latest month) | 24 |
| New listings (latest month) | 25 |
| Listings with a price cut | 12.5% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Crest Hill by property type?
How the Crest Hill, 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 | $350,000 | $197/sq ft | 11 | 67 days |
| Condo / Co-op | $225,000 | $180/sq ft | 6 | 37 days |
| Townhouse | $293,000 | $161/sq ft | 7 | 55 days |
Source: Redfin · Updated monthly
The Crest Hill housing market is currently classified as a seller's market with a median sale price of $294,000. Prices have risen 5.0% compared to last year, with homes spending an average of 56 days on market, indicating 1.7 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 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in Crest Hill
There are currently 40 homes listed for sale in Crest Hill, Illinois. The median listing price is $290K.
Active listings
40
Homes on market
Median list price
$290K
Avg. days on market
56
Days until sale
New this week
25
Newly listed
Who lives in Crest Hill?
Population
19,754
Median income
$71,408/yr
Median age
39.2 years
Owner-occupied
68.2%
College grads
21.5%
Avg commute
28.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Crest Hill?
Zillow home value
$285,382
Zillow rent index
$2,162/mo
Price-to-rent ratio
11.0x
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Crest Hill?
Crest Hill is a community of approximately 20K residents with a median age of 39.2 years.The median household income is $71,408, which represents a working-class community with solid middle-income opportunities. 21.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Crest Hill offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Crest Hill?
4 schools tracked · 1,260 students
The largest public schools serving Crest Hill, 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.
Richland Elem School
Grades PK-8 · 809 students
Chaney-Monge School
Grades K-8 · 451 students
LASEC-EC
Grade range n/a
LASEC-Communication Dev Program
Grade range n/a
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 Crest Hill, IL?
Want a head-to-head view? Compare Crest Hill side-by-side with any other U.S. city using our market-comparison tool.
Is Crest Hill a good real estate investment market?
For investors evaluating Crest Hill, the price-to-rent ratio of 11.0x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 5.0% 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 Crest Hill's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Crest Hill's median home price.
Frequently asked questions
What is the average home price in Crest Hill?
The median home sale price in Crest Hill is $294,000, up 5.0% from last year.
How long do homes stay on market in Crest Hill?
Homes typically spend 56 days on market before going under contract.
What is the median income in Crest Hill?
The median household income is $71,408 per year.
Is Crest Hill a buyer's or seller's market?
With 1.7 months of supply, Crest Hill is currently a seller's market.
What is the Zillow home value estimate for Crest Hill?
The Zillow Home Value Index (ZHVI) for Crest Hill is $285,382, representing the typical home value in the area.
What is the median condo price in Crest Hill?
The median condo/co-op sale price in Crest Hill, IL is $225,000, compared to $350,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Crest Hill?
The median single-family home price in Crest Hill, IL is $350,000 (about $197 per square foot).
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