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Featured local agent — Crestwood, IL
Sarah Mitchell
Compass Real Estate · Crestwood, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Crestwood, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$196,500median sale price
How is the Crestwood, IL housing market right now?
The median home sale price in Crestwood, IL is $196,500, up 9.8% year-over-year. Homes sell in an average of 35 days with 44 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 Crestwood a buyer's or seller's market?
Crestwood, IL is currently a seller's market, based on 2.8 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
16
Last 12 weeks
Days on market
35
Average pace
Active listings
44
2.8 months supply
Sale-to-list
98.8%
Below asking
What does the Crestwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $196,500 |
| Median list price | $254,950 |
| Year-over-year price change | +9.8% |
| Average days on market | 35 days |
| Active inventory | 44 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $174/sq ft |
| Homes sold (latest month) | 16 |
| New listings (latest month) | 24 |
| Listings with a price cut | 11.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Crestwood by property type?
How the Crestwood, 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 | $294,950 | $183/sq ft | 6 | 30 days |
| Condo / Co-op | $189,000 | $170/sq ft | 9 | 36 days |
| Townhouse | $248,000 | $189/sq ft | 1 | 32 days |
Source: Redfin · Updated monthly
The Crestwood housing market is currently classified as a seller's market with a median sale price of $196,500. Prices have risen 9.8% compared to last year, with homes spending an average of 35 days on market, indicating 2.8 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 2.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Crestwood
There are currently 44 homes listed for sale in Crestwood, Illinois. The median listing price is $255K.
Active listings
44
Homes on market
Median list price
$255K
Avg. days on market
35
Days until sale
New this week
24
Newly listed
Who lives in Crestwood?
Population
10,622
Median income
$68,686/yr
Median age
50.7 years
Owner-occupied
77.2%
College grads
23.1%
Avg commute
33.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Crestwood?
Zillow home value
$195,855
Price-to-income
2.9x
Source: Zillow Research
What is it like to live in Crestwood?
Crestwood is a community of approximately 11K residents with a median age of 50.7 years.The median household income is $68,686, which represents a working-class community with solid middle-income opportunities. 23.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Crestwood offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Crestwood?
7 schools tracked · 1,001 students
The largest public schools serving Crestwood, 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.
Nathan Hale Primary School
Grades PK-3 · 339 students
Nathan Hale Middle School
Grades 6-8 · 338 students
Nathan Hale Intermediate
Grades 4-5 · 179 students
Turner Elem School
Grades PK-K · 145 students
Care Program
Grade range n/a
Eisenhower Coop-DHH Program
Grade range n/a
Delta Learning Center
Grades 9-12
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 Crestwood, IL?
Want a head-to-head view? Compare Crestwood side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Crestwood?
The median home sale price in Crestwood is $196,500, up 9.8% from last year.
How long do homes stay on market in Crestwood?
Homes typically spend 35 days on market before going under contract.
What is the median income in Crestwood?
The median household income is $68,686 per year.
Is Crestwood a buyer's or seller's market?
With 2.8 months of supply, Crestwood is currently a seller's market.
What is the Zillow home value estimate for Crestwood?
The Zillow Home Value Index (ZHVI) for Crestwood is $195,855, representing the typical home value in the area.
What is the median condo price in Crestwood?
The median condo/co-op sale price in Crestwood, IL is $189,000, compared to $294,950 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Crestwood?
The median single-family home price in Crestwood, IL is $294,950 (about $183 per square foot).
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