Elk Grove Village, IL housing market

The typical home in Elk Grove Village, IL costs $407K (+5.8% over the past year). The bottom 35% of homes run around $303K. Typical rent $1,781/mo. See the full market and find out if you can afford to buy a house in Elk Grove Village — free, no signup.

Market snapshot (2026-06)

• Typical home value: $407K (Zillow ZHVI, 2026-06)
• 1-year change: +5.8%
• Bottom 35% of homes: $303K
• Top 35% of homes start around: $522K
• Typical rent: $1,781/mo
• Median household income: $94K
• Price-to-income ratio: 4.3
• Estimated payment on the typical home: $2,091/mo principal & interest (20% down, 6.66% 30-yr fixed)

Nearby housing markets

• Itasca, IL — typical home $459K
• Wood Dale, IL — typical home $361K
• Bensenville, IL — typical home $355K
• Mount Prospect, IL — typical home $459K
• Schaumburg, IL — typical home $363K
• Des Plaines, IL — typical home $361K

Home values are Zillow Group public data (ZHVI, updated monthly); income and population are US Census Bureau ACS 5-year estimates. Estimates only — not financial advice.

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