Current Price

$355,878

1 Month Forecast

â–² $385,410

1-Year Forecast *

â–² $399,437

5-Year Forecast *

â–² $469,965

"Is it a good time to buy homes in Elk Grove Village?" "Does investing in real estate in Elk Grove Village (Illinois State, Cook County) worth it?" According to our live Forecast System, buying a house in Elk Grove Village is a good short-term (1-year) investment*. The Elk Grove Village average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elk Grove Village" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Elk Grove Village in Illinois State, Cook County. If you are looking for homes for sale with good flipping profit, Elk Grove Village can be a profitable property investment option. The median price of an average house in Elk Grove Village was 355,878 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elk Grove Village" area is 469,965 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +32.06% meaning that investing 100000 USD today may yield a profit of 32,058 USD by 2031.

Current Median Listing Price: 355,878 USD Median Listing Price Per Square Foot: 198 USD

Elk Grove Village Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Elk Grove Village (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Elk Grove Village Price Target

Elk Grove Village median home price target in 12 months: $399,437* (upside of 12.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $375,496 $383,307 $375,496 $383,307
2024 $336,452 $355,878 $336,452 $355,878
2023 $308,327 $335,302 $308,327 $335,302
2022 $293,149 $308,127 $293,149 $311,903
2021 $269,327 $290,885 $269,327 $291,299
2020 $254,332 $266,416 $254,332 $266,416
2019 $253,071 $253,461 $252,891 $256,080
2018 $248,164 $252,942 $248,164 $254,476
2017 $235,904 $246,181 $235,904 $246,181
2016 $229,107 $234,337 $229,107 $234,337
2015 $219,982 $227,811 $219,841 $227,811
2014 $209,248 $219,656 $209,248 $219,656
2013 $185,355 $206,830 $185,355 $206,830
2012 $183,839 $184,333 $182,762 $184,333

Questions & Answers about the Elk Grove Village Housing Market Forecast

How much does an average home cost in Elk Grove Village today?

The value of an average home (the listing price) in Elk Grove Village is $355,878 USD.

What is the average price per square foot in Elk Grove Village?

According to Walletinvestor the median price per square foot in Elk Grove Village is 198 USD.

Will the median listing price of homes in Elk Grove Village grow / rise / go up?

Yes. The Elk Grove Village home prices may rise from 355,878 USD to 399,437 USD in one year.

Is it profitable to invest in Elk Grove Village homes?

Yes. The long-term profit potential is +12.24% in one year.

Will Elk Grove Village house prices fall / drop?

No. See above.

What is the predicted price of a Elk Grove Village home in 2030?

The predicted home sales price of a Elk Grove Village home in 2030 in Elk Grove Village is 453,521 USD.

What is the predicted price of a Elk Grove Village home in 2035?

The predicted home sales price of a Elk Grove Village home in 2035 in Elk Grove Village is 564,396 USD.

Will real estate prices decrease in Elk Grove Village?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elk Grove Village is the 1861. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Cook, Elk Grove Village decreased, looking at the past 12 months.

According to Walletinvestor's Elk Grove Village real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.817% to 355,878 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 12.120% in 2021
  • 10.640% in 2022
  • 10.240% in 2023
  • 12.420% in 2024
  • 10.430% in 2025
  • 11.100% in 2026

Based on our Elk Grove Village real estate market research and report the predicted sales prices will increase by 217.307% in the next 10 years.

Over the last 12 months, the value of homes in Elk Grove Village fluctuated: increasing 4 times .

Elk Grove Village (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Elk Grove Village Housing Market Forecast with Real Estate Prices for 2025
August 2025 385410 356504 414315
September 2025 387524 367760 407288
October 2025 389650 355750 423550
November 2025 391788 353392 430183
December 2025 393494 366736 420251
Elk Grove Village Housing Market Forecast with Real Estate Prices for 2026
January 2026 392764 368020 417508
February 2026 391806 355760 427852
March 2026 391561 366109 417012
April 2026 392935 367787 418083
May 2026 395090 369015 421166
June 2026 397258 366669 427847
July 2026 399437 359893 438982
August 2026 401628 365080 438177
September 2026 403832 366275 441388
October 2026 406047 373969 438125
November 2026 406485 374373 438597
December 2026 405700 379735 431665
Elk Grove Village Housing Market Forecast with Real Estate Prices for 2027
January 2027 404500 382657 426343
February 2027 403304 378703 427906
March 2027 402611 371207 434014
April 2027 403465 378046 428883
May 2027 403726 371428 436024
June 2027 404893 368453 441334
July 2027 407019 380970 433068
August 2027 409252 379786 438718
September 2027 411497 370759 452235
October 2027 413754 388101 439407
November 2027 416024 375254 456794
December 2027 418306 382750 453862
Elk Grove Village Housing Market Forecast with Real Estate Prices for 2028
January 2028 420601 381906 459296
February 2028 422908 383155 462662
March 2028 425228 390360 460097
April 2028 427146 389130 465162
May 2028 428611 388322 468901
June 2028 430915 388685 473145
July 2028 433279 402083 464475
August 2028 435656 413437 457874
September 2028 438046 415705 460386
October 2028 440163 417274 463051
November 2028 441521 415913 467129
December 2028 443159 409036 477283
Elk Grove Village Housing Market Forecast with Real Estate Prices for 2029
January 2029 444633 402838 486429
February 2029 445945 401797 490094
March 2029 447024 413944 480104
April 2029 448225 406988 489462
May 2029 450684 414179 487189
June 2029 452010 410425 493595
July 2029 453521 412250 494791
August 2029 455566 415020 496111
September 2029 457381 429024 485739
October 2029 458607 427422 489792
November 2029 460059 426475 493643
December 2029 462583 424188 500977
Elk Grove Village Housing Market Forecast with Real Estate Prices for 2030
January 2030 465120 423259 506981
February 2030 467672 440079 495265
March 2030 470238 439672 500803
April 2030 472285 431196 513374
May 2030 471409 429454 513365
June 2030 470259 427466 513053
July 2030 469965 437068 502863
August 2030 471615 440960 502270
September 2030 474202 450492 497912
October 2030 476803 434845 518762
November 2030 479419 449216 509622
December 2030 482049 450234 513864
Elk Grove Village Housing Market Forecast with Real Estate Prices for 2031
January 2031 484693 447857 521530
February 2031 487352 461523 513182
March 2031 487878 458117 517639
April 2031 486936 458207 515665
May 2031 485496 452968 518024
June 2031 484060 448724 519397
July 2031 483228 442637 523819
August 2031 484253 436796 531709
September 2031 484566 455492 513640
October 2031 485967 453408 518527
November 2031 488519 464093 512945
December 2031 491199 442079 540318
Elk Grove Village Housing Market Forecast with Real Estate Prices for 2032
January 2032 493893 451418 536368
February 2032 496603 447936 545270
March 2032 499327 461378 537276
April 2032 502066 468930 535203
May 2032 504821 473522 536119
June 2032 507590 465968 549212
July 2032 510375 470055 550694

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.