Glen Ellyn, Illinois Housing Market Prices
Updated
Glen Ellyn Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 193% above the Illinois median$438,845
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Median rent 9% above the Illinois median$1,393
Housing Market Overview
| Metric | Glen Ellyn | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $438,845 | $149,936 | $248,835 |
| Price Trend (Annual %) | 5.7% | 2.5% | 7.5% |
| Median Gross Rent | $1,393 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 4.2% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Glen Ellyn is about 193% higher than in Illinois. Rent is about 9% higher than the Illinois average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Glen Ellyn, up about 5.7% and 4.2% a year respectively. Home prices are changing faster.
Median rent in Glen Ellyn rose about 41.8% between 2015 and 2024, from $982 to $1,393. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 3.3 yearly household incomes in Glen Ellyn.
Buying the median-priced home in Glen Ellyn costs roughly 26.3 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Glen Ellyn. The price-to-rent ratio in Illinois is about 9.8.
| Metric | Glen Ellyn | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $438,845 | $149,936 | $248,835 |
| Median Household Income | $132,070 | $84,042 | $80,455 |
| Price-to-Income Ratio | 3.3 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Glen Ellyn rose about 37.3%, while median household income rose about 31.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Glen Ellyn | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 74.6% | 61.9% | 58.5% |
| Rental Rate | 22.1% | 30.4% | 31.2% |
| Vacancy Rate | 3.3% | 7.7% | 10.2% |
| Median Tenure (years) | 15.0 | 16.0 | 15.0 |
| Median Year Moved In | 2011 | 2010 | 2011 |
Glen Ellyn has a homeownership rate of 74.6%, higher than the Illinois average of 61.9%. Its housing vacancy rate is 3.3%, compared with 7.7% in Illinois.
Housing Stock
| Metric | Glen Ellyn | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.61 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1969 | 1969 | 1978 |
| Median Number of Rooms | 6.8 | 5.6 | 5.5 |
The typical housing unit in Glen Ellyn was built around 1969. On average, 2.6 people live in a home with about 6.8 rooms, staying for about 15.0 years on average.
Glen Ellyn, IL Housing Compared With Nearby Cities
Glen Ellyn, IL is the 3rd largest of the 4 cities compared here, 27,036 residents against a local median of 33,056. The measure that sets Glen Ellyn, IL apart most is median home price: $438,845, 118% above the local median of $201,033.
Median rent tells the same story from another angle: $1,393 against a local median of $1,662, 16% below it. The cities themselves spread $423,100 on median home price, so Glen Ellyn, IL sits at one end of an already wide local range rather than apart from it. Glen Ellyn, IL has the 2nd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Glen Ellyn, IL | 27,036 | $438,845 #2/4 | $1,393 #3/4 | 77.1% #1/4 |
| Wheaton, IL | 46,899 | $201,033 | $1,795 | 71.4% |
| Lisle, IL | 22,476 | $585,767 | $1,662 | 56.3% |
| Addison, IL | 33,056 | $162,667 | $1,295 | 67.4% |
Frequently Asked Questions
Common questions about the housing market in Glen Ellyn, Illinois.
What is the median home price in Glen Ellyn, Illinois?
The median home price in Glen Ellyn, Illinois is $438,845, higher than the Illinois average of $149,936.
What is the average home price in Glen Ellyn, Illinois?
The typical home price in Glen Ellyn, Illinois, reported as the median sale price, is $438,845. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Glen Ellyn, Illinois?
The median gross rent in Glen Ellyn, Illinois is $1,393 per month, higher than the Illinois average of $1,274.
What was the median gross rent in Glen Ellyn in 2020?
In 2020, the median gross rent in Glen Ellyn, Illinois was $1,134 per month.
What is the price-to-rent ratio in Glen Ellyn, Illinois?
The price-to-rent ratio in Glen Ellyn, Illinois is about 26.3, meaning it would take roughly 26.3 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Glen Ellyn.
Are home prices or rent rising faster in Glen Ellyn, Illinois?
Both home prices and rent are rising in Glen Ellyn, up about 5.7% and 4.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Glen Ellyn, Illinois?
74.6% of households in Glen Ellyn, Illinois own their home, higher than the Illinois average of 61.9%.
What is the vacancy rate in Glen Ellyn, Illinois?
The housing vacancy rate in Glen Ellyn, Illinois is 3.3%, lower than the Illinois average of 7.7%.
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