Home Values

Elmhurst 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

$357,700

  • 0.5% 1-year change
  • 1.4% 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

Cool

Buyers' Market
Sellers' Market

The median home value in Elmhurst is $357,700. Elmhurst home values have gone up 0.5% over the past year and Zillow predicts they will rise 1.4% within the next year. The median list price per square foot in Elmhurst is None.

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 Elmhurst is 2.5%, which is lower than the national value of 6.0%. 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 Elmhurst homeowners underwater on their mortgage is 10.3%, which is lower than Chicago Metro at 23.7%.

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Relative ZHVI
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Elmhurst Market Overview

Data through May 31, 2015
  • $357,700 ZHVI
  • 1.4% 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
    (May 31, 2016)
  • No data Median listing price
  • $379,450 Median sale price
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Elmhurst Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 10.3% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 2.5% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Oak Brook $668,200
Oakbrook Terrace $246,600
Villa Park $196,900
Name Median ZHVI
Westchester $184,500
Bensenville $173,700
Berkeley $131,300
Name Median ZHVI
Northlake $126,800
Hillside $119,600
Bellwood $102,600

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $238 Median sale price / sq ft
  • No data Listings with price cut
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Elmhurst Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,186 Elmhurst
    $1,620 Chicago Metro
    $1,367 United States

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

  • 3.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • $1.56 Rent list price / sq ft
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