Glendale Heights, Illinois Housing Market Prices
Updated
Glendale Heights 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.
-
Median home price 54% above the Illinois median$231,252
-
Median rent 28% above the Illinois median$1,630
Housing Market Overview
| Metric | Glendale Heights | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $231,252 | $149,936 | $248,835 |
| Price Trend (Annual %) | 8.0% | 2.5% | 7.5% |
| Median Gross Rent | $1,630 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 4.7% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Glendale Heights is about 54% higher than in Illinois. Rent is about 28% 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 Glendale Heights, up about 8.0% and 4.7% a year respectively. Home prices are changing faster.
Median rent in Glendale Heights rose about 50.7% between 2015 and 2024, from $1,082 to $1,630. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 2.3 yearly household incomes in Glendale Heights.
Buying the median-priced home in Glendale Heights costs roughly 11.8 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Glendale Heights. The price-to-rent ratio in Illinois is about 9.8.
| Metric | Glendale Heights | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $231,252 | $149,936 | $248,835 |
| Median Household Income | $99,154 | $84,042 | $80,455 |
| Price-to-Income Ratio | 2.3 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Glendale Heights rose about 63.4%, while median household income rose about 38.2% 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 | Glendale Heights | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 71.0% | 61.9% | 58.5% |
| Rental Rate | 25.8% | 30.4% | 31.2% |
| Vacancy Rate | 3.2% | 7.7% | 10.2% |
| Median Tenure (years) | 14.0 | 16.0 | 15.0 |
| Median Year Moved In | 2012 | 2010 | 2011 |
Glendale Heights has a homeownership rate of 71.0%, higher than the Illinois average of 61.9%. Its housing vacancy rate is 3.2%, compared with 7.7% in Illinois.
Housing Stock
| Metric | Glendale Heights | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.06 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1979 | 1969 | 1978 |
| Median Number of Rooms | 5.7 | 5.6 | 5.5 |
The typical housing unit in Glendale Heights was built around 1979. On average, 3.1 people live in a home with about 5.7 rooms, staying for about 14.0 years on average.
Glendale Heights, IL Housing Compared With Nearby Cities
How Glendale Heights, IL compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Glendale Heights, IL | 22,861 | $231,252 #1/2 | $1,630 #2/2 | 73.3% #1/2 |
| Wheaton, IL | 46,899 | $201,033 | $1,795 | 71.4% |
Frequently Asked Questions
Common questions about the housing market in Glendale Heights, Illinois.
What is the median home price in Glendale Heights, Illinois?
The median home price in Glendale Heights, Illinois is $231,252, higher than the Illinois average of $149,936.
What is the average home price in Glendale Heights, Illinois?
The typical home price in Glendale Heights, Illinois, reported as the median sale price, is $231,252. 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 Glendale Heights, Illinois?
The median gross rent in Glendale Heights, Illinois is $1,630 per month, higher than the Illinois average of $1,274.
What was the median gross rent in Glendale Heights in 2020?
In 2020, the median gross rent in Glendale Heights, Illinois was $1,339 per month.
What is the price-to-rent ratio in Glendale Heights, Illinois?
The price-to-rent ratio in Glendale Heights, Illinois is about 11.8, meaning it would take roughly 11.8 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Glendale Heights.
Are home prices or rent rising faster in Glendale Heights, Illinois?
Both home prices and rent are rising in Glendale Heights, up about 8.0% and 4.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Glendale Heights, Illinois?
71.0% of households in Glendale Heights, Illinois own their home, higher than the Illinois average of 61.9%.
What is the vacancy rate in Glendale Heights, Illinois?
The housing vacancy rate in Glendale Heights, Illinois is 3.2%, lower than the Illinois average of 7.7%.
Size up the neighborhood around one home
Home values, rent, homeownership, schools, crime, health and nearby amenities for any US address, in one neighborhood report. Ready in about 3 minutes, in your browser or as a PDF.
Explore My Address →