All Home Types
Elk Grove Village, IL Housing Market
What is the housing market like in Elk Grove Village today?
In January 2025, Elk Grove Village home prices were up 3.9% compared to last year, selling for a median price of $374K. On average, homes in Elk Grove Village sell after 56 days on the market compared to 49 days last year. There were 27 homes sold in January this year, up from 19 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$374,000
+3.9% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Elk Grove Village, IL
$374,000
+3.9%
United States
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Elk Grove Village Migration & Relocation Trends
In Dec '24 - Feb '25, 16% of Elk Grove Village homebuyers searched to move out of Elk Grove Village, while 84% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Elk Grove Village from outside metros.
- Peoria homebuyers searched to move into Elk Grove Village more than any other metro followed by New York and Springfield.
Where are people moving to Elk Grove Village from?
- 84% of Elk Grove Village homebuyers searched to stay within the Elk Grove Village metropolitan area.
- Cape Coral was the most popular destination among Elk Grove Village homebuyers followed by Phoenix and Sarasota.
Where are people from Elk Grove Village moving to?
Number of People Moving to Elk Grove Village
least
most
People are moving to Elk Grove Village from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 1,018 | ||
| 2 | 825 | ||
| 3 | 682 | ||
| 4 | 638 | ||
| 5 | 604 | ||
| 6 | 340 | ||
| 7 | 301 | ||
| 8 | 292 | ||
| 9 | 282 | ||
| 10 | 273 | ||
People are leaving Elk Grove Village for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 2,000 | ||
| 2 | 1,179 | ||
| 3 | 1,104 | ||
| 4 | 999 | ||
| 5 | 910 | ||
| 6 | 882 | ||
| 7 | 882 | ||
| 8 | 865 | ||
| 9 | 838 | ||
| 10 | 715 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Elk Grove Village.
Provided by First Street Foundation
Transportation in Elk Grove Village
Learn about the walkability, bikeability, and transit-friendliness of Elk Grove Village
Car-Dependent
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Bikeable
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