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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Glendale Heights, IL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Glendale Heights, IL Housing Market Trends

With 32,484 people, 11,241 houses or apartments, and a median cost of homes of $316,777, Glendale Heights real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Glendale Heights, accounting for 46.06% of the village's housing units. Other types of housing that are prevalent in Glendale Heights include large apartment complexes or high rise apartments ( 30.57%), row houses and other attached homes ( 19.39%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.98%).

People in Glendale Heights primarily live in small (one, two or no bedroom) single-family detached homes. Glendale Heights has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Glendale Heights built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Glendale Heights built between 1940-1969 ( 24.09%). A lesser amount of the housing stock also hails from between 2000 and later ( 4.80%).

Glendale Heights Home Appreciation Rates

Appreciation rates for homes in Glendale Heights have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 82.60%, which ranks in the top 50% nationwide. This equates to an annual average Glendale Heights house appreciation rate of 6.21%.

Over the last year, Glendale Heights appreciation rates have trailed the rest of the nation. In the last twelve months, Glendale Heights's appreciation rate has been 4.77%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Glendale Heights were at 0.21%, which equates to an annual appreciation rate of 0.86%.

Relative to Illinois, our data show that Glendale Heights's latest annual appreciation rate is higher than 50% of the other cities and towns in Illinois.

One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Glendale Heights differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Glendale Heights - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Glendale Heights real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$316,777

Glendale Heights, IL Home Prices
> $1,224,000
$918,001 - $1,224,000
$612,001 - $918,000
$490,001 - $612,000
$367,001 - $490,000
$245,001 - $367,000
$122,001 - $245,000
$61,001 - $122,000
$0 - $61,000
0.0%
0.0%
1.1%
1.1%
5.6%
5.6%
3.6%
3.6%
17.0%
17.0%
49.7%
49.7%
19.5%
19.5%
1.4%
1.4%
2.1%
2.1%
0% 100.0%
% of Homes
High

for Illinois

High

for nation

Number of Homes And Apartments:

11,241

Glendale Heights Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,704 / per month

Homeownership Rate

Owners
Renters
64.6%
64.6%
35.4%
35.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.5%
3.5%
96.5%
96.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
4.8%
4.8%
70.2%
70.2%
24.1%
24.1%
0.9%
0.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
46.1%
46.1%
19.4%
19.4%
4.0%
4.0%
30.6%
30.6%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.9%
0.9%
13.0%
13.0%
35.2%
35.2%
34.5%
34.5%
13.7%
13.7%
2.7%
2.7%
0% 100.0%
% of Homes