Des Plaines, IL

Balanced market+3.1% YoY

Housing market overview · Updated weekly

$362,500median sale price

Homes sold

42

Last 12 weeks

Days on market

62

Average pace

Active listings

114

2.7 months supply

Sale-to-list

99.1%

Below asking

The Des Plaines housing market is currently classified as a balanced market with a median sale price of $362,500. Prices have risen 3.1% compared to last year, with homes spending an average of 62 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Des Plaines?

The median home sale price in Des Plaines is $362,500, up 3.1% from last year.

How long do homes stay on market in Des Plaines?

Homes typically spend 62 days on market before going under contract.

Is Des Plaines a buyer's or seller's market?

With 2.7 months of supply, Des Plaines is currently a balanced market.

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