$2,875
3 bd2 ba1,200 sqft
8050 N Prospect St
Emerson Place, IL Housing Market
$529,094
8.8% 1-yrThe average Emerson Place, IL home value is $529,094, up 8.8% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Emerson Place Key Takeaways
Typical Home Values: $529,094
1-Year Value Change: +8.8%
(Data through August 31, 2026)
Emerson Place Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: --
New Listings: --
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Percent of Sales Over List Price: --
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(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Oakton Manor$428,460
- Ransom Ridge$528,597
- Oak Park$477,903
- Grennan Heights$433,428
- Jonquil Terrace$475,009
- Washington Park$402,820
- Ballard Terrace$373,148
- Oasis$439,082
- The Terrace$448,420
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Emerson Place Rental Market Trends
Average Rent: --
National Average Rent: $1,948 ()
Month-Over-Month Change: --
Year-Over-Year Change: --
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are the most expensive neighborhoods in Niles, IL?
The neighborhoods with the highest median home values in Niles, IL include: Golden Acres ($541,432), Emerson Place ($536,919), Ransom Ridge ($531,127), Oak Park ($479,632), Jonquil Terrace ($474,716).
What are the most affordable neighborhoods in Niles, IL?
The neighborhoods with the lowest median home values in Niles, IL include: Courtland Park ($373,594), Ballard Terrace ($377,656), Lawrence Gardens ($397,265), Chesterfield Gardens ($401,769), Washington Park ($406,757).
Which Niles, IL neighborhoods have the fastest growing home values?
Neighborhoods with the highest year-over-year value growth in Niles, IL include: O'Shanter Estates (12.4%), Emerson Place (8.2%), Oak Park (7.6%), Washington Park (7.6%), Courtland Park (7.2%).
