Home Values

Glendale Heights 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

$163,600

  • 9.6% 1-year change
  • 2.6% 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

Very Hot

Buyers' Market
Sellers' Market

The median home value in Glendale Heights is $163,600. Glendale Heights home values have gone up 9.6% over the past year and Zillow predicts they will rise 2.6% within the next year. The median list price per square foot in Glendale Heights is $126, which is lower than the Chicago Metro average of $128. The median price of homes currently listed in Glendale Heights is $159,900 while the median price of homes that sold is $137,800. The median rent price in Glendale Heights is $1,275, which is lower than the Chicago Metro median of $1,450.

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 Glendale Heights is 9.8%, which is higher than the national value of 6.4%. 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 Glendale Heights homeowners underwater on their mortgage is 30.7%, which is higher than Chicago Metro at 25.3%.

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Relative ZHVI
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Glendale Heights Market Overview

Data through Dec 31, 2014
  • $163,600 ZHVI
  • 2.6% 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
    (Dec 31, 2015)
  • $159,900 Median listing price
  • $137,800 Median sale price
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Glendale Heights Market Health

Data through Dec 31, 2014
  • 0.8/10 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
  • 30.7% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 9.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Glen Ellyn $360,900
Medinah $325,700
Wheaton $320,900
Name Median ZHVI
Itasca $274,800
Bloomingdale $259,900
Lombard $231,200
Name Median ZHVI
Roselle $227,100
Carol Stream $221,000
Addison $208,500

Listings & Sales

Data through Dec 31, 2014
  • $126 Median list price / sq ft
  • $120 Median sale price / sq ft
  • 21.1% Listings with price cut
50.8%
Sold below listing
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Glendale Heights Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,544 Glendale Heights
    $1,623 Chicago Metro
    $1,345 United States

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

  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,275 Rent list price
  • $1.30 Rent list price / sq ft
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