Housing in Elk Grove Village, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$405,000
Median List Price
$392,400
Price Per Sq Ft
$248
Days on Market
70
Active Inventory
60
Months of Supply
2.9
Seller's market
Zillow Home Value
$369,872
ZHVI — January 2026
Zillow Rent Index
$1,625
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
28.6%
Off Market in 2 Weeks
37.5%
Sale-to-List Ratio
98.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
21
New Listings
26
Pending Sales
32
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$248
Median List $/SF
$251
Elk Grove Village vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Elk Grove Village is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$334,400
Median Rent
$1,574
Total Housing Units
13,428
Vacancy Rate
4.8%
Owner Occupied
73.7%
Renter Occupied
26.3%
Median Property Tax
$6,748
per year
Monthly Cost (w/ Mortgage)
$1,581
Housing Types
The current median sale price in Elk Grove Village, IL is $405,000 according to Redfin data. Homes spend a median of 70 days on the market. 28.6% of homes sold above asking price. The market has 2.9 months of supply. The median price per square foot is $248. Zillow's observed rent index is $1,625/month. About 73.7% of housing units are owner-occupied. The median year homes were built is 1974. There are 13,428 total housing units.