Home Values

Crest Hill Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$138,800

  • 5.2% 1-year change
  • 1.5% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Hot

Buyers' Market
Sellers' Market

The median home value in Crest Hill is $138,800. Crest Hill home values have gone up 5.2% over the past year and Zillow predicts they will rise 1.5% within the next year. The median list price per square foot in Crest Hill is $85, which is lower than the Chicago Metro average of $133. The median price of homes currently listed in Crest Hill is $120,000 while the median price of homes that sold is $127,935. The median rent price in Crest Hill is $1,195, which is lower than the Chicago Metro median of $1,631.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Crest Hill is 9.2%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Crest Hill homeowners underwater on their mortgage is 32.1%, which is higher than Chicago Metro at 27.1%.

Read more
Relative ZHVI
- +

Crest Hill Market Overview

Data through Oct 31, 2014
  • $138,800 ZHVI
  • 1.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $120,000 Median listing price
  • $127,935 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Crest Hill Market Health

Data through Oct 31, 2014
  • 0.2/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 32.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 9.2% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Homer Glen $303,000
Shorewood $220,000
Plainfield $212,200
Name Median ZHVI
Bolingbrook $187,300
Lockport $182,700
Elwood $159,300
Name Median ZHVI
Romeoville $151,700
Joliet $116,400
Rockdale $104,900

Listings & Sales

Data through Oct 31, 2014
  • $85 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 42.4% Listings with price cut
66.7%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Crest Hill Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,489 Crest Hill
    $1,642 Chicago Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,195 Rent list price
  • $1.09 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading