Glen Ellyn, IL is an affluent suburb of Chicago with a median housing value of $467,600. This is significantly higher than the national average of $338,100 and demonstrates the strong real estate market in Glen Ellyn. In the past year, house appreciation in Glen Ellyn has been even more impressive at 9.73% compared to the 8.27% nationwide. Home buyers and investors alike should be aware that investing in this market carries with it the potential for significant returns on their investment.
The median home cost in Glen Ellyn is $467,600. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Glen Ellyn is up 12.6%.
Average Age of Homes
- The median age of Glen Ellyn real estate is 48 years old
The Rental Market in Glen Ellyn
- Renters make up 24.2% of the Glen Ellyn population
- 1.1% of houses and apartments in Glen Ellyn, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.