House Prices

House Prices & Home Values Elk Grove Village, IL 2026


Average Data

average house price$276,175
average size per house1518 ft²
average price per ft²182 $ / ft²

04/04/2026 - The value range (VR) for house prices in Elk Grove Village, IL is $178/ sqft to $178/ sqft. An average home with 1518 sqft costs approximately $270,204 to $270,204. Elk Grove Village, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60007, while the highest are in ZIP 60007. The average price per sqare feet is $182. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Elk Grove Village

60007188 $ / ft²




Historical development of home values in Elk Grove Village

Year Estimated value (USD) Change vs. 2025
2010 $128,261 -53.6%
2011 $123,301 -55.4%
2012 $122,969 -55.5%
2013 $127,565 -53.8%
2014 $133,908 -51.5%
2015 $140,781 -49.0%
2016 $148,128 -46.4%
2017 $156,123 -43.5%
2018 $164,754 -40.3%
2019 $172,393 -37.6%
2020 $181,305 -34.4%
2021 $206,215 -25.3%
2022 $240,401 -13.0%
2023 $253,514 -8.2%
2024 $268,180 -2.9%
2025 $276,175 0.0%

Graph: estimated home values in Elk Grove Village over time (USD)



Example: 100% financing house in Elk Grove Village

Loan amount: $276,175

Interest rate: 6.00%

Fixed monthly payment: $1,655.81

Breakdown in the 1st month:
Interest portion: $1,380.88  –  Principal portion: $274.93

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,478.24 $3,391.46 $272,783.54
2 $16,269.06 $3,600.64 $269,182.90
3 $16,046.99 $3,822.72 $265,360.18
4 $15,811.21 $4,058.50 $261,301.68
5 $15,560.89 $4,308.81 $256,992.87
6 $15,295.13 $4,574.57 $252,418.30
7 $15,012.98 $4,856.72 $247,561.57
8 $14,713.43 $5,156.27 $242,405.30
9 $14,395.40 $5,474.30 $236,931.00
10 $14,057.76 $5,811.95 $231,119.05
11 $13,699.29 $6,170.41 $224,948.64
12 $13,318.71 $6,550.99 $218,397.65
13 $12,914.66 $6,955.04 $211,442.60
14 $12,485.69 $7,384.01 $204,058.59
15 $12,030.26 $7,839.44 $196,219.15
16 $11,546.74 $8,322.96 $187,896.18
17 $11,033.40 $8,836.31 $179,059.88
18 $10,488.39 $9,381.31 $169,678.57
19 $9,909.78 $9,959.93 $159,718.64
20 $9,295.47 $10,574.23 $149,144.40
21 $8,643.27 $11,226.43 $137,917.97
22 $7,950.85 $11,918.85 $125,999.12
23 $7,215.72 $12,653.98 $113,345.14
24 $6,435.25 $13,434.45 $99,910.69
25 $5,606.65 $14,263.06 $85,647.63
26 $4,726.93 $15,142.77 $70,504.86
27 $3,792.96 $16,076.75 $54,428.11
28 $2,801.38 $17,068.32 $37,359.79
29 $1,748.64 $18,121.06 $19,238.73
30 $630.98 $19,238.73 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Elk Grove Village, IL


1500 sqft3900 sqft
Ø selling price$330,330$702,702
Ø fast selling$300,300$632,432
Ø high price sale$360,360$772,973

In 2026, houses in Elk Grove Village, IL will be offered at an average price of $182 per square foot. A 1,500 sqft home priced at $330,330 is 24.20% more expensive per square foot than a 3,900 sqft home priced at $702,702. Home prices in Elk Grove Village, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $486,487. Sellers who can wait longer may achieve a higher price of up to $594,594.

FAQ – Home Values in Elk Grove Village

What is the median home value in Elk Grove Village in 2026?

In 2026, the typical home value in Elk Grove Village is about $276,175 for an average home size of 1518 square feet. This corresponds to an average price of roughly $182 per square foot.

What is the average cost per square foot in Elk Grove Village?

In 2026, homes in Elk Grove Village sell for an average of around $182 per square foot, with a typical range between $178 and $178 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Elk Grove Village is about 1518 square feet, with an estimated 2026 value around $276,175.



Locations close to Elk Grove Village, IL

Rolling Meadows, IL171 $ / ft²
Barrington, IL208 $ / ft²
Crystal Lake, IL153 $ / ft²
Arlington Heights, IL216 $ / ft²
Antioch, IL159 $ / ft²
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