Chicago-Naperville-Elgin, IL-IN Metro Area: Median Home Value Trend
How Chicago-Naperville-Elgin, IL-IN Metro Area's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$222,600
2023
$301,900
Total change
+$79,300
% change
+35.6%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $222,600 | — |
| 2019 | $239,600 | +$17,000 (7.6%) |
| 2020 | $247,400 | +$7,800 (3.3%) |
| 2021 | $258,500 | +$11,100 (4.5%) |
| 2022 | $288,400 | +$29,900 (11.6%) |
| 2023 | $301,900 | +$13,500 (4.7%) |