Current Price

$378,919

1 Month Forecast

â–² $412,322

1-Year Forecast *

â–² $430,227

5-Year Forecast *

â–² $508,732

"Is it a good time to buy homes in Skokie?" "Does investing in real estate in Skokie (Illinois State, Cook County) worth it?" According to our live Forecast System, buying a house in Skokie is a good short-term (1-year) investment*. The Skokie average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Skokie" 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 Skokie in Illinois State, Cook County. If you are looking for homes for sale with good flipping profit, Skokie can be a profitable property investment option. The median price of an average house in Skokie was 378,919 USD on 2026-02-15. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Skokie" area is 508,732 USD by 2031-02-15. For a 5-year investment the profit is expected to be around +34.26% meaning that investing 100000 USD today may yield a profit of 34,259 USD by 2031.

Current Median Listing Price: 378,919 USD Median Listing Price Per Square Foot: 211 USD

Skokie 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.

Skokie (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.

Skokie Price Target

Skokie median home price target in 12 months: $430,227* (upside of 13.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $403,679 $409,818 $403,679 $409,818
2024 $358,062 $378,919 $358,062 $378,919
2023 $335,843 $357,892 $335,843 $357,892
2022 $319,302 $335,614 $319,302 $342,153
2021 $294,304 $316,099 $294,304 $316,099
2020 $277,702 $290,744 $277,702 $290,744
2019 $278,964 $277,226 $277,172 $282,603
2018 $276,061 $278,779 $276,061 $284,557
2017 $263,734 $274,313 $263,734 $274,313
2016 $249,346 $261,994 $249,346 $261,994
2015 $238,167 $247,851 $238,015 $247,851
2014 $220,022 $237,803 $220,022 $237,803
2013 $188,777 $217,519 $188,777 $217,519
2012 $195,407 $187,199 $184,040 $195,407

Questions & Answers about the Skokie Housing Market Forecast

How much does an average home cost in Skokie today?

The value of an average home (the listing price) in Skokie is $378,919 USD.

What is the average price per square foot in Skokie?

According to Walletinvestor the median price per square foot in Skokie is 211 USD.

Will the median listing price of homes in Skokie grow / rise / go up?

Yes. The Skokie home prices may rise from 378,919 USD to 430,227 USD in one year.

Is it profitable to invest in Skokie homes?

Yes. The long-term profit potential is +13.54% in one year.

Will Skokie house prices fall / drop?

No. See above.

What is the predicted price of a Skokie home in 2030?

The predicted home sales price of a Skokie home in 2030 in Skokie is 487,842 USD.

What is the predicted price of a Skokie home in 2035?

The predicted home sales price of a Skokie home in 2035 in Skokie is 600,860 USD.

Will real estate prices decrease in Skokie?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Skokie is the 913. largest city in the United States, located in Illinois State.

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

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

Median home values decreased by 6.521% to 378,919 USD, between 2025-02-15 and 2026-02-15

The average annual profit of property investment was:

  • 14.781% in 2021
  • 12.941% in 2022
  • 13.771% in 2023
  • 12.161% in 2024
  • 13.561% in 2025
  • 14.071% in 2026

Based on our Skokie real estate market research and report the predicted sales prices will increase by 256.054% in the next 10 years.

Over the last 12 months, the value of homes in Skokie fluctuated: increasing 5 times .

Skokie (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
Skokie Housing Market Forecast with Real Estate Prices for 2025
August 2025 412322 372739 451905
September 2025 414841 390365 439317
October 2025 417375 392750 442001
November 2025 419925 392630 447220
December 2025 422253 385095 459411
Skokie Housing Market Forecast with Real Estate Prices for 2026
January 2026 423409 396311 450507
February 2026 422711 399884 445537
March 2026 422075 394218 449932
April 2026 422441 386533 458348
May 2026 425018 395692 454344
June 2026 427614 404951 450278
July 2026 430227 396239 464215
August 2026 432855 410780 454931
September 2026 435500 403273 467727
October 2026 438160 411432 464888
November 2026 440837 413505 468169
December 2026 441360 399872 482848
Skokie Housing Market Forecast with Real Estate Prices for 2027
January 2027 440016 402175 477858
February 2027 438393 409459 467327
March 2027 436776 404891 468661
April 2027 435556 398534 472578
May 2027 435970 412428 459513
June 2027 436268 398313 474223
July 2027 437300 398380 476220
August 2027 438912 409505 468319
September 2027 441387 416228 466546
October 2027 443540 418702 468378
November 2027 446250 405195 487304
December 2027 448976 425629 472323
Skokie Housing Market Forecast with Real Estate Prices for 2028
January 2028 451719 420098 483339
February 2028 454478 411303 497654
March 2028 457255 419303 495207
April 2028 459241 417450 501032
May 2028 460105 427897 492312
June 2028 460324 417053 503594
July 2028 461786 436850 486723
August 2028 464608 439983 489232
September 2028 467446 439867 495025
October 2028 470302 439732 500871
November 2028 472791 432604 512979
December 2028 474544 438954 510135
Skokie Housing Market Forecast with Real Estate Prices for 2029
January 2029 475989 428390 523587
February 2029 477028 434573 519484
March 2029 477782 451981 503582
April 2029 479945 451628 508262
May 2029 482877 443764 521990
June 2029 485827 448905 522750
July 2029 487842 458572 517113
August 2029 488972 441541 536402
September 2029 490255 444171 536339
October 2029 491105 451325 530884
November 2029 491587 458651 524524
December 2029 493216 458198 528235
Skokie Housing Market Forecast with Real Estate Prices for 2030
January 2030 496229 451073 541386
February 2030 499261 470304 528218
March 2030 502311 468154 536468
April 2030 505380 472025 538735
May 2030 508181 471084 545279
June 2030 509573 471355 547790
July 2030 508732 462437 555027
August 2030 507967 467330 548605
September 2030 508407 474853 541962
October 2030 511509 475192 547826
November 2030 514634 488902 540365
December 2030 517778 479980 555575
Skokie Housing Market Forecast with Real Estate Prices for 2031
January 2031 520941 474056 567826
February 2031 524123 495821 552426
March 2031 527325 489885 564766
April 2031 530547 496592 564502
May 2031 531177 486027 576327
June 2031 529559 487194 571924
July 2031 527606 494894 560317
August 2031 525660 487287 564033
September 2031 524191 481732 566651
October 2031 524690 479042 570338
November 2031 525048 486195 563902
December 2031 526290 474714 577867
Skokie Housing Market Forecast with Real Estate Prices for 2032
January 2032 528230 480690 575771
February 2032 531209 500930 561487
March 2032 533800 480954 586646
April 2032 537061 509134 564988
May 2032 540342 511164 569521
June 2032 543643 513743 573544
July 2032 546964 516881 577047

> 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.