Chicago Suburban Home Price

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While Chicago’s urban housing market continues to attract attention, its surrounding suburban real estate has become an increasingly popular choice for families, remote workers, and investors. In 2025, the Chicago suburban home price shows steady growth fueled by affordability, good schools, and improved connectivity to the city.

This article explores the average suburban home price in Chicago in 2025, the most in-demand suburbs, and insights for buyers considering a move or investment in the Greater Chicago area.


🔢 Average Chicago Suburban Home Price in 2025

As of Q2 2025, the median home price in Chicago suburbs is approximately $368,000, up 3.6% from 2024. While this is more affordable than many coastal metros, suburban prices are trending upward, especially in family-friendly and transit-accessible neighborhoods.

Suburb Median Home Price (2025)
Naperville $525,000
Evanston $510,000
Schaumburg $405,000
Oak Park $455,000
Elmhurst $480,000
Aurora $370,000
Orland Park $395,000
Bolingbrook $360,000
Palatine $385,000
Des Plaines $375,000

🔹 What’s Fueling the Chicago Suburban Market in 2025?

1. Shift Toward Remote Work

Many professionals now prioritize space, home offices, and yards—features more common in suburban housing.

2. School Districts & Safety

Top-rated public schools and family-oriented environments continue to draw buyers to suburbs like Naperville, Elmhurst, and Evanston.

3. Affordability Compared to the City

While downtown Chicago prices have stagnated, suburban values offer more home for the dollar, with less competition.

4. Commuter Rail & Infrastructure Investment

Metra and highway improvements help connect suburbs with downtown Chicago, increasing their desirability.


📊 Price Trends for Suburban Homes (2020–2025)

Year Median Suburban Price YoY Change
2020 $310,000 +4.8%
2021 $328,000 +5.8%
2022 $342,000 +4.3%
2023 $360,000 +5.3%
2024 $355,000 -1.4%
2025 $368,000 +3.6%

Despite a mild dip in 2024, suburban prices are rebounding due to new buyer demand.


🏠 Best Suburbs to Buy a Home Near Chicago (2025)

Suburb Highlights
Naperville Award-winning schools, walkable downtown, strong appreciation
Evanston Lakefront access, cultural amenities, proximity to Northwestern
Elmhurst Historic homes, family-friendly, strong resale value
Schaumburg Tech corridor, shopping hubs, suburban conveniences
Oak Park Architecture, arts scene, direct trains to downtown

💼 Investment Tips: Is Buying in the Suburbs Worth It in 2025?

Chicago suburbs offer solid opportunities for appreciation and rental income:

  • Rental yields: 4.6% to 6.1% (especially in multi-family suburban units)
  • Tenant pool: Families, corporate transferees, university faculty/students
  • Fix-and-flip: Strong ROI in suburbs with older housing stock (e.g., Des Plaines)

✅ Tip: Look for homes near new development zones or schools with rising enrollment numbers.


🧱 Should You Buy a Suburban Home Near Chicago in 2025?

Buyer Type Recommendation Why
Family buyer ✅ Strongly yes Safe, spacious, good schools
Remote worker ✅ Yes Space for home office, better quality of life
Investor ✅ Consider Solid yields, especially in gentrifying suburbs
Flipper ✅ Yes in select areas Many homes in need of updates with strong resale potential

⚡ SEO Keywords to Target

  • “Chicago suburban home price 2025”
  • “Best Chicago suburbs to buy a house”
  • “Chicago suburban housing market trends”
  • “Affordable suburbs near Chicago 2025”
  • “Investing in Chicago suburbs real estate”

🔐 Final Thoughts

The Chicago suburban housing market in 2025 is resilient, with steady growth and long-term upside. Whether you’re raising a family, relocating from the city, or seeking investment returns, the suburbs provide a balanced mix of value, space, and accessibility.

Keep an eye on infrastructure upgrades and emerging micro-markets to make the most of your purchase.

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