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Featured local agent — Hazel Crest, IL
Sarah Mitchell
Compass Real Estate · Hazel Crest, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hazel Crest, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$180,000median sale price
How is the Hazel Crest, IL housing market right now?
The median home sale price in Hazel Crest, IL is $180,000, up 12.5% year-over-year. Homes sell in an average of 77 days with 89 active listings. The market is currently a buyer'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 Hazel Crest a buyer's or seller's market?
Hazel Crest, IL is currently a buyer's market, based on 5.2 months of supply and homes selling in about 77 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
77
Average pace
Active listings
89
5.2 months supply
Sale-to-list
97.8%
Below asking
What does the Hazel Crest housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $180,000 |
| Median list price | $229,900 |
| Year-over-year price change | +12.5% |
| Average days on market | 77 days |
| Active inventory | 89 listings |
| Months of supply | 5.2 months |
| Sale-to-list price ratio | 97.8% |
| Median price per sq ft | $123/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 17 |
| Listings with a price cut | 28.1% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Hazel Crest by property type?
How the Hazel Crest, 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 | $185,000 | $123/sq ft | 15 | 77 days |
| Condo / Co-op | $153,000 | $130/sq ft | 1 | 134 days |
| Townhouse | $68,100 | $59/sq ft | 1 | 16 days |
Source: Redfin · Updated monthly
The Hazel Crest housing market is currently classified as a buyer's market with a median sale price of $180,000. Prices have risen 12.5% compared to last year, with homes spending an average of 77 days on market, indicating 5.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Hazel Crest
There are currently 89 homes listed for sale in Hazel Crest, Illinois. The median listing price is $230K.
Active listings
89
Homes on market
Median list price
$230K
Avg. days on market
77
Days until sale
New this week
17
Newly listed
Who lives in Hazel Crest?
Population
13,493
Median income
$62,773/yr
Median age
34.7 years
Owner-occupied
70.3%
College grads
24.0%
Avg commute
29.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Hazel Crest?
Zillow home value
$188,569
Zillow rent index
$2,503/mo
Price-to-rent ratio
6.3x
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Hazel Crest?
Hazel Crest is a community of approximately 13K residents with a median age of 34.7 years.The median household income is $62,773, which represents a working-class community with solid middle-income opportunities. 24.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 70.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hazel Crest offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hazel Crest?
4 schools tracked · 1,352 students
The largest public schools serving Hazel Crest, 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.
Jesse C White Learning Academy
Grades PK-8 · 432 students
Mae Jemison School
Grades PK-5 · 359 students
Highlands Elem School
Grades PK-5 · 290 students
Chateaux School
Grades PK-5 · 271 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 Hazel Crest, IL?
Want a head-to-head view? Compare Hazel Crest side-by-side with any other U.S. city using our market-comparison tool.
Is Hazel Crest a good real estate investment market?
For investors evaluating Hazel Crest, the price-to-rent ratio of 6.3x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 12.5% 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 Hazel Crest's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Hazel Crest's median home price.
Frequently asked questions
What is the average home price in Hazel Crest?
The median home sale price in Hazel Crest is $180,000, up 12.5% from last year.
How long do homes stay on market in Hazel Crest?
Homes typically spend 77 days on market before going under contract.
What is the median income in Hazel Crest?
The median household income is $62,773 per year.
Is Hazel Crest a buyer's or seller's market?
With 5.2 months of supply, Hazel Crest is currently a buyer's market.
What is the Zillow home value estimate for Hazel Crest?
The Zillow Home Value Index (ZHVI) for Hazel Crest is $188,569, representing the typical home value in the area.
What is the median condo price in Hazel Crest?
The median condo/co-op sale price in Hazel Crest, IL is $153,000, compared to $185,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Hazel Crest?
The median single-family home price in Hazel Crest, IL is $185,000 (about $123 per square foot).
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