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Featured local agent — Des Plaines, IL
Sarah Mitchell
Compass Real Estate · Des Plaines, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Des Plaines, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$383,000median sale price
How is the Des Plaines, IL housing market right now?
The median home sale price in Des Plaines, IL is $383,000, up 6.8% year-over-year. Homes sell in an average of 42 days with 146 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 Des Plaines a buyer's or seller's market?
Des Plaines, IL is currently a seller's market, based on 3.2 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
46
Last 12 weeks
Days on market
42
Average pace
Active listings
146
3.2 months supply
Sale-to-list
101.3%
Above asking
What does the Des Plaines housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $383,000 |
| Median list price | $404,900 |
| Year-over-year price change | +6.8% |
| Average days on market | 42 days |
| Active inventory | 146 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 101.3% |
| Median price per sq ft | $245/sq ft |
| Homes sold (latest month) | 46 |
| New listings (latest month) | 82 |
| Listings with a price cut | 11.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Des Plaines by property type?
How the Des Plaines, 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 | $452,500 | $267/sq ft | 24 | 40 days |
| Condo / Co-op | $253,000 | $226/sq ft | 16 | 42 days |
| Townhouse | $420,000 | $237/sq ft | 5 | 52 days |
Source: Redfin · Updated monthly
The Des Plaines housing market is currently classified as a seller's market with a median sale price of $383,000. Prices have risen 6.8% compared to last year, with homes spending an average of 42 days on market, indicating 3.2 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 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Des Plaines
There are currently 146 homes listed for sale in Des Plaines, Illinois. The median listing price is $405K.
Active listings
146
Homes on market
Median list price
$405K
Avg. days on market
42
Days until sale
New this week
82
Newly listed
Who lives in Des Plaines?
Population
59,408
Median income
$94,303/yr
Median age
42.8 years
Owner-occupied
79.4%
College grads
38.7%
Avg commute
28.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Des Plaines?
Zillow home value
$360,826
Zillow rent index
$2,031/mo
Price-to-rent ratio
14.8x
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Des Plaines?
Des Plaines is a community of approximately 59K residents with a median age of 42.8 years.The median household income is $94,303, which reflects a relatively affluent area with strong earning potential. 38.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 79.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Des Plaines offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Des Plaines?
21 schools tracked · 8,491 students
The largest public schools serving Des Plaines, 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.
Maine West High School
Grades 9-12 · 1,886 students
Chippewa Middle School
Grades 6-8 · 665 students
Forest Elem School
Grades PK-5 · 657 students
Friendship Jr High School
Grades 6-8 · 616 students
Algonquin Middle School
Grades 6-8 · 559 students
North Elementary School
Grades K-5 · 558 students
Apollo Elem School
Grades K-5 · 530 students
Brentwood Elem School
Grades K-5 · 435 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 Des Plaines, IL?
Want a head-to-head view? Compare Des Plaines side-by-side with any other U.S. city using our market-comparison tool.
Is Des Plaines a good real estate investment market?
For investors evaluating Des Plaines, the price-to-rent ratio of 14.8x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 6.8% 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 Des Plaines's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Des Plaines's median home price.
Frequently asked questions
What is the average home price in Des Plaines?
The median home sale price in Des Plaines is $383,000, up 6.8% from last year.
How long do homes stay on market in Des Plaines?
Homes typically spend 42 days on market before going under contract.
What is the median income in Des Plaines?
The median household income is $94,303 per year.
Is Des Plaines a buyer's or seller's market?
With 3.2 months of supply, Des Plaines is currently a seller's market.
What is the Zillow home value estimate for Des Plaines?
The Zillow Home Value Index (ZHVI) for Des Plaines is $360,826, representing the typical home value in the area.
What is the median condo price in Des Plaines?
The median condo/co-op sale price in Des Plaines, IL is $253,000, compared to $452,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Des Plaines?
The median single-family home price in Des Plaines, IL is $452,500 (about $267 per square foot).
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