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Featured local agent — La Grange Park, IL
Sarah Mitchell
Compass Real Estate · La Grange Park, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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La Grange Park, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$560,000median sale price
How is the La Grange Park, IL housing market right now?
The median home sale price in La Grange Park, IL is $560,000, down 16.7% year-over-year. Homes sell in an average of 37 days with 24 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 La Grange Park a buyer's or seller's market?
La Grange Park, IL is currently a seller's market, based on 2.0 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
37
Average pace
Active listings
24
2.0 months supply
Sale-to-list
102.7%
Above asking
What does the La Grange Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $560,000 |
| Median list price | $449,900 |
| Year-over-year price change | -16.7% |
| Average days on market | 37 days |
| Active inventory | 24 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 102.7% |
| Median price per sq ft | $338/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 18 |
| Listings with a price cut | 8.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in La Grange Park by property type?
How the La Grange Park, 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 | $660,000 | $347/sq ft | 9 | 29 days |
| Condo / Co-op | $212,500 | $232/sq ft | 2 | 33 days |
| Townhouse | $318,000 | $265/sq ft | 1 | 52 days |
Source: Redfin · Updated monthly
The La Grange Park housing market is currently classified as a seller's market with a median sale price of $560,000. Prices have fallen 16.7% compared to last year, with homes spending an average of 37 days on market, indicating 2.0 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 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in La Grange Park
There are currently 24 homes listed for sale in La Grange Park, Illinois. The median listing price is $450K.
Active listings
24
Homes on market
Median list price
$450K
Avg. days on market
37
Days until sale
New this week
18
Newly listed
Who lives in La Grange Park?
Population
13,227
Median income
$119,115/yr
Median age
41.5 years
Owner-occupied
74.7%
College grads
59.7%
Avg commute
28.3 min
Source: U.S. Census Bureau ACS
What are homes worth in La Grange Park?
Zillow home value
$506,270
Zillow rent index
$1,751/mo
Price-to-rent ratio
24.1x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in La Grange Park?
La Grange Park is a community of approximately 13K residents with a median age of 41.5 years.The median household income is $119,115, which reflects a relatively affluent area with strong earning potential. 59.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 74.7%, 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, La Grange Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve La Grange Park?
4 schools tracked · 2,340 students
The largest public schools serving La Grange Park, 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.
Brook Park Elem School
Grades K-5 · 872 students
Park Junior High School
Grades 7-8 · 690 students
Forest Road Elem School
Grades 1-6 · 493 students
Barnsdale Road School
Grades PK-K · 285 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 La Grange Park, IL?
Want a head-to-head view? Compare La Grange Park side-by-side with any other U.S. city using our market-comparison tool.
Is La Grange Park a good real estate investment market?
For investors evaluating La Grange Park, the price-to-rent ratio of 24.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 16.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on La Grange Park's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using La Grange Park's median home price.
Frequently asked questions
What is the average home price in La Grange Park?
The median home sale price in La Grange Park is $560,000, down 16.7% from last year.
How long do homes stay on market in La Grange Park?
Homes typically spend 37 days on market before going under contract.
What is the median income in La Grange Park?
The median household income is $119,115 per year.
Is La Grange Park a buyer's or seller's market?
With 2.0 months of supply, La Grange Park is currently a seller's market.
What is the Zillow home value estimate for La Grange Park?
The Zillow Home Value Index (ZHVI) for La Grange Park is $506,270, representing the typical home value in the area.
What is the median condo price in La Grange Park?
The median condo/co-op sale price in La Grange Park, IL is $212,500, compared to $660,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in La Grange Park?
The median single-family home price in La Grange Park, IL is $660,000 (about $347 per square foot).
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