Housing in Northlake, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$301,000
Median List Price
$304,950
Price Per Sq Ft
$225
Days on Market
62
Active Inventory
20
Months of Supply
4.0
Balanced market
Zillow Home Value
$286,351
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
60.0%
Off Market in 2 Weeks
41.7%
Sale-to-List Ratio
103.4%
Seller's market
Market Activity
Source: RedfinHomes Sold
5
New Listings
8
Pending Sales
12
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$225
Median List $/SF
$207
Northlake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Northlake 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
$242,400
Median Rent
$1,164
Total Housing Units
4,600
Vacancy Rate
4.2%
Owner Occupied
67.5%
Renter Occupied
32.5%
Median Property Tax
$5,964
per year
Monthly Cost (w/ Mortgage)
$1,305
Housing Types
The current median sale price in Northlake, IL is $301,000 according to Redfin data. Homes spend a median of 62 days on the market. 60.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $225. The median rent is $1,164 per month (Census ACS). About 67.5% of housing units are owner-occupied. The median year homes were built is 1957. There are 4,600 total housing units.