Des Plaines, IL Housing Market & Real Estate

Balanced market+3.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Des Plaines, IL is $362,500, up 3.1% year-over-year. Homes sell in an average of 62 days with 114 active listings. The market is currently a balanced market.

$362,500median sale price

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

Balanced market2.7 months of supply62 avg. days on market

Des Plaines, IL is currently a balanced market, based on 2.7 months of supply and homes selling in about 62 days. How we determine this →

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

Des Plaines, IL market data

Current housing market statistics for Des Plaines, IL
MetricValue
Median sale price$362,500
Median list price$377,500
Year-over-year price change+3.1%
Average days on market62 days
Active inventory114 listings
Months of supply2.7 months
Sale-to-list price ratio99.1%
Market conditionBalanced market

Source: Redfin · Updated weekly

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

Homes for sale in Des Plaines

There are currently 114 homes listed for sale in Des Plaines, Illinois. The median listing price is $378K.

Active listings

114

Homes on market

Median list price

$378K

Avg. days on market

62

Days until sale

New this week

58

Newly listed

Price drops:9.7%of listings
Sale-to-list:99.1%

Top public schools in 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

Public

Chippewa Middle School

Grades 6-8 · 665 students

Public

Forest Elem School

Grades PK-5 · 657 students

Public

Friendship Jr High School

Grades 6-8 · 616 students

Public

Algonquin Middle School

Grades 6-8 · 559 students

Public

North Elementary School

Grades K-5 · 558 students

Public

Apollo Elem School

Grades K-5 · 530 students

Public

Brentwood Elem School

Grades K-5 · 435 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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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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