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Today: September 22, 2025

Current Price

$355,878

1 Month Forecast

$385,392

1-Year Forecast *

$405,687

5-Year Forecast *

$480,227

"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 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elk Grove Village" area is 480,227 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +34.94% meaning that investing 100000 USD today may yield a profit of 34,942 USD by 2030.

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: 2025-2031

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: $405,687* (upside of 14.0%)

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 $185,084 $184,333 $182,762 $185,084

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 405,687 USD in one year.

Is it profitable to invest in Elk Grove Village homes?

Yes. The long-term profit potential is +14.00% 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 480,227 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 601,654 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 increased, 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 increased by 0.808% to 355,878 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 15.986% in 2020
  • 12.596% in 2021
  • 13.196% in 2022
  • 15.926% in 2023
  • 13.086% in 2024
  • 14.346% in 2025

Based on our Elk Grove Village real estate market research and report the predicted sales prices will increase by 270.600% in the next 10 years.

Over the last 12 months, the value of homes in Elk Grove Village fluctuated: increasing 10 times .

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

Below you will find the price predictions for 2025, 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 385392 364967 405818
September 2025 387489 356877 418101
October 2025 389597 365053 414142
November 2025 391717 358421 425013
December 2025 393848 359189 428507
Elk Grove Village Housing Market Forecast with Real Estate Prices for 2026
January 2026 395991 369855 422126
February 2026 398145 370275 426015
March 2026 400311 377894 422729
April 2026 402489 362643 442335
May 2026 404679 379184 430173
June 2026 406441 376771 436111
July 2026 405687 366335 445039
August 2026 404697 377178 432217
September 2026 404445 378156 430733
October 2026 405864 376642 435086
November 2026 408072 376650 439493
December 2026 410292 381572 439012
Elk Grove Village Housing Market Forecast with Real Estate Prices for 2027
January 2027 412524 390660 434388
February 2027 414769 380758 448780
March 2027 417025 380327 453723
April 2027 419294 395813 442774
May 2027 419746 379031 460461
June 2027 418935 395475 442396
July 2027 417800 393149 442450
August 2027 416667 387917 445417
September 2027 415950 378931 452970
October 2027 416832 393073 440592
November 2027 417102 379563 454642
December 2027 418308 389445 447172
Elk Grove Village Housing Market Forecast with Real Estate Prices for 2028
January 2028 420504 380556 460452
February 2028 422792 392774 452810
March 2028 425092 395336 454849
April 2028 427405 391076 463734
May 2028 429730 390625 468836
June 2028 432068 390158 473979
July 2028 434419 410091 458746
August 2028 436782 401403 472162
September 2028 439159 405343 472974
October 2028 441139 409818 472460
November 2028 442652 414322 470982
December 2028 445031 412544 477519
Elk Grove Village Housing Market Forecast with Real Estate Prices for 2029
January 2029 447453 412104 482801
February 2029 449887 410747 489027
March 2029 452335 413886 490783
April 2029 454521 428158 480883
May 2029 455923 433127 478719
June 2029 457615 423294 491936
July 2029 459137 435721 482553
August 2029 460492 417666 503318
September 2029 461606 420523 502689
October 2029 462846 439241 486451
November 2029 465364 438373 492355
December 2029 466733 427994 505472
Elk Grove Village Housing Market Forecast with Real Estate Prices for 2030
January 2030 468293 432234 504352
February 2030 470405 439829 500981
March 2030 472280 444887 499672
April 2030 473545 426664 520426
May 2030 475044 435140 514948
June 2030 477629 448493 506764
July 2030 480227 439888 520566
August 2030 482840 452421 513259
September 2030 485467 446629 524304
October 2030 488108 460286 515930
November 2030 490763 455428 526098
December 2030 493433 447544 539323
Elk Grove Village Housing Market Forecast with Real Estate Prices for 2031
January 2031 496118 471312 520924
February 2031 498817 452926 544708
March 2031 501531 470937 532124
April 2031 503715 468455 538975
May 2031 502781 455016 550545
June 2031 501554 467950 535158
July 2031 501241 453623 548858
August 2031 503000 453203 552797
September 2031 505736 480449 531023
October 2031 508488 468317 548658
November 2031 511254 479045 543463
December 2031 514035 479081 548990
Elk Grove Village Housing Market Forecast with Real Estate Prices for 2032
January 2032 516832 470317 563347
February 2032 519644 477033 562255
March 2032 520204 478068 562341
April 2032 519200 468837 569562
May 2032 517792 481546 554037
June 2032 516388 476626 556150
July 2032 515500 488694 542306
August 2032 516593 483015 550172
September 2032 516928 485395 548460
October 2032 518423 490428 546417
November 2032 521144 473720 568568
December 2032 523979 497256 550702
Elk Grove Village Housing Market Forecast with Real Estate Prices for 2033
January 2033 526830 484157 569503
February 2033 529696 496325 563067
March 2033 532578 501689 563468
April 2033 535476 481928 589023
May 2033 538389 502855 573922
June 2033 541318 513169 569466
July 2033 544263 496368 592158

> 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.