Des Plaines
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Des Plaines Real Estate
Des Plaines residents benefit from a convenient location, next to O'Hare Airport and close to the city of Chicago, not to mention excellent schools and parks. But perhaps the most attractive aspect of settling down in Des Plaines, Illinois is real estate market, which offers homeowners great homes and affordable prices.
Des Plaines has a strong allure among suburban homebuyers due to its spacious and quiet nature, and because residences in this small Illinois town run the gamut of price and size. Des Plaines is one of the most economically diverse communities in the state with home prices ranging from about $30,000 to more than $1 million.
Most homeowners in Des Plaines enjoy large lots with private yards, driveways and often garages as well. As an older village, most of the properties in Des Plaines feature large, mature trees, which enhance the desirability of many of the properties. Indeed, there's plenty of room in which to spread out and roam around in Des Plaines, which makes it a perfect place for families to settle down. And you can bet those four-legged members of the family will especially appreciate the extra outdoor space!
On average, detached two-bedroom real estate in Des Plaines sells for around $280,000; three-bedroom homes go for about $330,000; and four or more bedrooms will put the average sale price at approximately $440,000. There are also a handful of detached, single-family homes valued at over a million dollars in Des Plaines, Illinois. Some of these properties are sprawling two-stories with four to six bedrooms, huge lots, private in-ground swimming pools, multiple-car attached garages, and lakefront yards. On the other end of the price spectrum are lovely one-story frame houses and raised ranches that start in the low $200,000s for a two-bedroom. A number of these residences do not have renovated interiors, updated appliances, or granite countertops, however, but they typically have decent-sized lots with ample outdoor space.
The residential real estate in Des Plaines, Illinois offers homebuyers attached living options, in addition to an inventory of detached, single-family houses. Condominium units here start in the low $80,000s for a one-bedroom, although the selection is limited. For the most part, you'll find one-bedrooms are listed on the market for $90,000 and up. On the higher end of the attached housing market in Des Plaines, you'll get spacious, new construction townhouses and condominiums with two or three bedrooms and attached garages for anywhere from $300,000 to $450,000. The average sale price for a one-bedroom unit in Des Plaines is around $140,000, for a two-bedroom it's $190,000, and three-bedrooms go for around $255,000, on average.
Des Plaines market trends
Average sales price
The average sale price of a home in Des Plaines is represented by the chart to the right. The red line indicates the average price based on the total time frame selected in the drop-down window. The blue line indicates the average sale price for the particular month within that time frame. For more detailed information on Des Plaines sign up for the trends report below or contact your Dream Town broker.
Average market time
The average number of days a home in Des Plaines spends listed for sale is represented by the chart to the right. The red line indicates the average number of days based on the total time frame selected in the drop-down window. The blue line indicates the average number of days a home spent on market during the particular month within that time frame. For more detailed information on average market listing times in Des Plaines sign up for the trends report below or contact your Dream Town broker.
Sales price vs. list price
The average sale price of a home compared to its listing price in Des Plaines is represented by the chart to the right. The black line indicates the baseline listing price for homes during the time frame selected in the drop-down. The red line indicates the difference between the average listing price and the average sale price during the particular month within that time frame. For more detailed information on Des Plaines sign up for the trends report below or contact your Dream Town broker.
Number of listings
The total number of listings in Des Plaines is represented in the chart to the right. The red line represents average number of days based on the total time frame selected in the drop-down window The blue bar represents the current number of listings during the particular month of that time frame. For more detailed information on Des Plaines sign up for the trends report below or contact your Dream Town broker.
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