Evergreen Park, Illinois Real Estate & Housing Market

Evergreen Park, IL Listings

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Evergreen Park Housing Information

Index	Evergreen Park	Illinois	National
Median home price	$180,400	$174,800	$184,700
Median rent asked	$966	$925	$949
Avg. people per household	2.6	2.6	2.6
Owner occupied households	79.4%	66.0%	63.6%
Renter occupied households	20.6%	34.0%	36.4%

Above is a snapshot look at the real estate market in Evergreen Park, IL. In Evergreen Park, IL, the median house price is $180,400, making the price 3% higher than that the average for Illinois. Therefore, the affordability of Evergreen Park, IL area real estate is less affordable than the real estate in other areas of Illinois. In addition, Evergreen Park, IL has a median rent price of $966; this price is 4% higher than that the average rental price for Illinois. 79.4% of residents in Evergreen Park, IL are homeowners, and the average amount of people who reside in each home is 2.6. Evergreen Park, IL has a wide array of real estate options available, ranging from cost-friendly condos to high-end luxury homes. We filter listings by number of bathrooms and bedrooms, price and area to simplify the search process for Evergreen Park, IL real estate for sale.

Evergreen Park Home Affordability

When looking for real estate in Evergreen Park, IL, nothing is more important than affordability. There are several methods to calculate the affordability of a home, but perhaps the best way is the home price to median household income ratio. In Evergreen Park, IL, the median price of a home is $180,400 and $65,554 is the median household income. This means that the home price to income ratio is 2.8x, a ratio that is 7% lower than the average in Illinois. The median home price is divided by the median home income to calculate the home affordability ratio. Homes in Evergreen Park, IL will be more financially accessable if the ratio has a lower than average home price to home income. These are not the only aspects to look at when determining the affordability of a home. A home affordability calculator offers a much more exact overview of the true affordability of a property. Use the calculator below to better determine how much you can pay for real estate in Evergreen Park, IL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Hodgkins, IL	1,960	$32,300	83%
Dixmoor, IL	3,614	$44,200	76%
Ford Heights, IL	2,775	$58,800	68%
Phoenix, IL	2,042	$71,600	61%
Robbins, IL	5,216	$72,500	61%
Evergreen Park, IL	19,849	$180,400	2%

Cities with similar population

City, State	Population	Home Price	National Avg.
Jenks, OK	19,852	$195,200	6%
Mokena, IL	19,839	$289,400	57%
Montclair, VA	19,836	$374,900	103%
Bothell West, WA	19,833	$346,900	88%
Badger, AK	19,830	$217,800	18%
Evergreen Park, IL	19,849	$180,400	2%

Source: The Evergreen Park, IL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).