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Featured local agent — Elmhurst, IL
Sarah Mitchell
Compass Real Estate · Elmhurst, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Elmhurst, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$752,750median sale price
How is the Elmhurst, IL housing market right now?
The median home sale price in Elmhurst, IL is $752,750, up 23.8% year-over-year. Homes sell in an average of 46 days with 128 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 Elmhurst a buyer's or seller's market?
Elmhurst, IL is currently a seller's market, based on 2.3 months of supply and homes selling in about 46 days. How we determine this →
Homes sold
56
Last 12 weeks
Days on market
46
Average pace
Active listings
128
2.3 months supply
Sale-to-list
101.3%
Above asking
What does the Elmhurst housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $752,750 |
| Median list price | $799,000 |
| Year-over-year price change | +23.8% |
| Average days on market | 46 days |
| Active inventory | 128 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 101.3% |
| Median price per sq ft | $388/sq ft |
| Homes sold (latest month) | 56 |
| New listings (latest month) | 63 |
| Listings with a price cut | 16.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Elmhurst by property type?
How the Elmhurst, 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 | $752,750 | $388/sq ft | 50 | 46 days |
| Condo / Co-op | $492,500 | $410/sq ft | 3 | 60 days |
| Townhouse | $790,000 | $375/sq ft | 3 | 36 days |
Source: Redfin · Updated monthly
The Elmhurst housing market is currently classified as a seller's market with a median sale price of $752,750. Prices have risen 23.8% compared to last year, with homes spending an average of 46 days on market, indicating 2.3 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 4.4x provides context for how home values compare to local earning capacity.
Homes for sale in Elmhurst
There are currently 128 homes listed for sale in Elmhurst, Illinois. The median listing price is $799K.
Active listings
128
Homes on market
Median list price
$799K
Avg. days on market
46
Days until sale
New this week
63
Newly listed
Who lives in Elmhurst?
Population
45,538
Median income
$145,374/yr
Median age
41.6 years
Owner-occupied
79.7%
College grads
63.0%
Avg commute
28.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Elmhurst?
Zillow home value
$645,981
Zillow rent index
$2,449/mo
Price-to-rent ratio
22.0x
Price-to-income
4.4x
Source: Zillow Research
What is it like to live in Elmhurst?
Elmhurst is a community of approximately 46K residents with a median age of 41.6 years.The median household income is $145,374, which reflects a relatively affluent area with strong earning potential. 63.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 79.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Elmhurst offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Elmhurst?
14 schools tracked · 8,487 students
The largest public schools serving Elmhurst, 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.
York Comm High School
Grades 9-12 · 2,677 students
Bryan Middle School
Grades 6-8 · 689 students
Sandburg Middle School
Grades 6-8 · 621 students
Hawthorne Elem School
Grades K-5 · 596 students
Lincoln Elem School
Grades K-5 · 530 students
Churchville Middle School
Grades 6-8 · 497 students
Emerson Elem School
Grades K-5 · 450 students
Field Elem School
Grades K-5 · 440 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 Elmhurst, IL?
Want a head-to-head view? Compare Elmhurst side-by-side with any other U.S. city using our market-comparison tool.
Is Elmhurst a good real estate investment market?
For investors evaluating Elmhurst, the price-to-rent ratio of 22.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 23.8% 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 Elmhurst's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Elmhurst's median home price.
Frequently asked questions
What is the average home price in Elmhurst?
The median home sale price in Elmhurst is $752,750, up 23.8% from last year.
How long do homes stay on market in Elmhurst?
Homes typically spend 46 days on market before going under contract.
What is the median income in Elmhurst?
The median household income is $145,374 per year.
Is Elmhurst a buyer's or seller's market?
With 2.3 months of supply, Elmhurst is currently a seller's market.
What is the Zillow home value estimate for Elmhurst?
The Zillow Home Value Index (ZHVI) for Elmhurst is $645,981, representing the typical home value in the area.
What is the median condo price in Elmhurst?
The median condo/co-op sale price in Elmhurst, IL is $492,500, compared to $752,750 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Elmhurst?
The median single-family home price in Elmhurst, IL is $752,750 (about $388 per square foot).
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