Cities with the fastest-growing home prices in Illinois

Written by:
March 17, 2021
realtor.com

Cities with the fastest-growing home prices in Illinois

Supply and demand drive the real estate market, affecting everything from building and lot values to availability for buyers and sellers. These forces are usually closely aligned with an area's economy, job market, population, demographics, location, interest rates, and several other constantly evolving factors. The coronavirus put an enormous strain on the economy, but created a real estate boom, driven largely by people buying second homes as vacation properties.

Stacker compiled a list of cities with the fastest growing home prices in Illinois using data from Zillow. Cities are ranked by the change in Zillow Home Values Index for all homes over the last year as of January 2021. Cities in the 15,000 largest markets in the U.S. were considered. Listings and images are from realtor.com.

Keep reading to see if your home city made the list.

1 / 30
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#30. Lynwood

- 1 year home price change: +11.4%
--- #31 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +13.0%
- Typical home price: $200,724
--- 9.3% less than typical home price in Illinois

- Pictured: 21624 E Lincoln Hwy, Lynwood ($699,900, 3 bedrooms)
2 / 30
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#29. South Holland

- 1 year home price change: +11.4%
--- #30 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +33.0%
- Typical home price: $174,938
--- 21.0% less than typical home price in Illinois

- Pictured: 17159 Bennett Ave, South Holland ($365,900, 5 bedrooms)
3 / 30
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#28. Waukegan

- 1 year home price change: +11.5%
--- #29 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +47.4%
- Typical home price: $155,270
--- 29.9% less than typical home price in Illinois

- Pictured: 33030 N River Rd, Libertyville ($2.0 million, 4 bedrooms)
4 / 30
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#27. Maywood

- 1 year home price change: +11.8%
--- #26 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +45.4%
- Typical home price: $193,757
--- 12.5% less than typical home price in Illinois

- Pictured: 219 S 9th Ave, Maywood ($329,900, 3 bedrooms)
5 / 30
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#26. Park City

- 1 year home price change: +12.2%
--- #25 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +39.7%
- Typical home price: $182,032
--- 17.8% less than typical home price in Illinois

- Pictured: 5361 Hedgewood Ct, Long Grove ($495,000, 5 bedrooms)
6 / 30
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#25. Thornton

- 1 year home price change: +12.3%
--- #24 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +23.6%
- Typical home price: $130,254
--- 41.2% less than typical home price in Illinois

- Pictured: 211 Schwab St, Thornton ($229,000, 4 bedrooms)
7 / 30
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#24. Round Lake Beach

- 1 year home price change: +12.4%
--- #23 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +32.7%
- Typical home price: $165,545
--- 25.2% less than typical home price in Illinois

- Pictured: 2270 W Cascade Cir, Round Lake Beach ($360,000, 5 bedrooms)
8 / 30
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#23. Symerton

- 1 year home price change: +12.4%
--- #22 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: data not available
- Typical home price: $147,566
--- 33.3% less than typical home price in Illinois

- Pictured: 3114 Nantucket Dr, Joliet ($225,000, 3 bedrooms)
9 / 30
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#22. Fox Lake Hills

- 1 year home price change: +12.6%
--- #21 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +26.2%
- Typical home price: $202,004
--- 8.7% less than typical home price in Illinois

- Pictured: 25704 W Lehmann Blvd, Lake Villa ($995,000, 4 bedrooms)
10 / 30
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#21. Lansing

- 1 year home price change: +12.6%
--- #20 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +16.7%
- Typical home price: $145,752
--- 34.2% less than typical home price in Illinois

- Pictured: 3034 195th Ct, Lynwood ($324,900, 5 bedrooms)
11 / 30
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#20. Peotone

- 1 year home price change: +12.8%
--- #18 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +22.5%
- Typical home price: $223,333
--- 0.9% above typical home price in state

- Pictured: 6738 W Eagle Lake Rd, Peotone ($700,000, 5 bedrooms)
12 / 30
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#19. University Park

- 1 year home price change: +12.8%
--- #17 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +12.9%
- Typical home price: $143,753
--- 35.1% less than typical home price in Illinois

- Pictured: 545 Regent Rd, University Park ($215,000, 4 bedrooms)
13 / 30
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#18. Long Lake

- 1 year home price change: +13.1%
--- #16 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +41.4%
- Typical home price: $164,102
--- 25.9% less than typical home price in Illinois

- Pictured: 25184 W Lake Shore Dr, Ingleside ($285,000, 2 bedrooms)
14 / 30
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#17. Somonauk

- 1 year home price change: +13.1%
--- #1 fastest growing home prices among cities in Ottawa-Peru metro area
- 10 year home price change: +35.0%
- Typical home price: $221,228
--- 0.1% less than typical home price in Illinois

- Pictured: 935 Tall Grass Ct, Somonauk ($314,900, 3 bedrooms)
15 / 30
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#16. Burnham

- 1 year home price change: +13.1%
--- #15 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +152.2%
- Typical home price: $127,830
--- 42.3% less than typical home price in Illinois

- Pictured: 1446 W 19th Ave, Gary ($24,900, None bedrooms)
16 / 30
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#15. Steger

- 1 year home price change: +13.7%
--- #13 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: -19.2%
- Typical home price: $101,516
--- 54.1% less than typical home price in Illinois

- Pictured: 22560 Sherman Rd, Steger ($474,900, 5 bedrooms)
17 / 30
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#14. Calumet City

- 1 year home price change: +13.8%
--- #12 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +10.4%
- Typical home price: $120,788
--- 45.4% less than typical home price in Illinois

- Pictured: 642 Wentworth Ave, Calumet City ($249,999, 6 bedrooms)
18 / 30
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#13. Round Lake Heights

- 1 year home price change: +13.8%
--- #11 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +42.5%
- Typical home price: $196,514
--- 11.2% less than typical home price in Illinois

- Pictured: 2159 Mohican Dr, Round Lake Heights ($249,900, 3 bedrooms)
19 / 30
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#12. Glenwood

- 1 year home price change: +13.8%
--- #10 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +43.5%
- Typical home price: $166,653
--- 24.7% less than typical home price in Illinois

- Pictured: 505 N Pleasant Dr, Glenwood ($279,900, 5 bedrooms)
20 / 30
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#11. Highwood

- 1 year home price change: +13.8%
--- #9 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +16.1%
- Typical home price: $337,380
--- 52.4% above typical home price in state

- Pictured: 78 Ronan Rd, Highwood ($849,000, 4 bedrooms)
21 / 30
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#10. Sauk Village

- 1 year home price change: +15.0%
--- #8 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: data not available
- Typical home price: $75,237
--- 66.0% less than typical home price in Illinois

- Pictured: 21637 Jeffrey Ave, Sauk Village ($249,990, 5 bedrooms)
22 / 30
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#9. North Chicago

- 1 year home price change: +15.5%
--- #6 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +87.2%
- Typical home price: $126,729
--- 42.8% less than typical home price in Illinois

- Pictured: 1425 Grove Ave, North Chicago ($279,000, 4 bedrooms)
23 / 30
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#8. Bridgeport

- 1 year home price change: +15.6%
- 10 year home price change: +68.7%
- Typical home price: $39,650
--- 82.1% less than typical home price in Illinois

- Pictured: W Olive Ln, Bridgeport ($219,000, 4 bedrooms)
24 / 30
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#7. Cahokia

- 1 year home price change: +16.2%
--- #12 fastest growing home prices among cities in St. Louis metro area
- 10 year home price change: data not available
- Typical home price: $37,791
--- 82.9% less than typical home price in Illinois

- Pictured: 806 Park Ave, Cahokia ($90,000, 2 bedrooms)
25 / 30
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#6. South Chicago Heights

- 1 year home price change: +16.3%
--- #5 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: data not available
- Typical home price: $111,655
--- 49.6% less than typical home price in Illinois

- Pictured: 3138 Courtney Ln, South Chicago Heights ($325,000, 4 bedrooms)
26 / 30
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#5. Sumner

- 1 year home price change: +16.8%
- 10 year home price change: +46.9%
- Typical home price: $64,006
--- 71.1% less than typical home price in Illinois

- Pictured: 10556 4H Rd, Sumner ($219,000, 4 bedrooms)
27 / 30
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#4. Chenoa

- 1 year home price change: +17.7%
--- #1 fastest growing home prices among cities in Bloomington metro area
- 10 year home price change: +2.7%
- Typical home price: $105,427
--- 52.4% less than typical home price in Illinois

- Pictured: 9611 N 1700 East Rd, Chenoa ($335,000, 4 bedrooms)
28 / 30
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#3. Chicago Heights

- 1 year home price change: +18.2%
--- #3 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +75.8%
- Typical home price: $128,480
--- 42.0% less than typical home price in Illinois

- Pictured: 47 E Bellevue Pl, Chicago ($2.3 million, 4 bedrooms)
29 / 30
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#2. Harvey

- 1 year home price change: +21.5%
--- #2 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +54.8%
- Typical home price: $64,975
--- 70.6% less than typical home price in Illinois

- Pictured: 15817 Union Ave, Harvey ($242,500, 6 bedrooms)
30 / 30
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#1. Park Forest

- 1 year home price change: +22.9%
--- #1 fastest growing home prices among cities in Chicago-Naperville-Elgin metro area
- 10 year home price change: +46.9%
- Typical home price: $101,300
--- 54.2% less than typical home price in Illinois

- Pictured: 25 Woodland Gln, Park Forest ($190,000, 3 bedrooms)

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