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Study: Winnetka the most expensive housing market in Illinois

by Peter Thomas Ricci

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Winnetka is the most expensive housing market in Illinois, according to the annual Home Listing Report from Coldwell Banker.

With the average price of a four-bedroom, two-bath single-family home going to $840,355, Winnetka came out on top in the report, with Lake Forest, Hinsdale and other wealthy Chicagoland suburbs following close behind.

Winnetka is also among the most exclusive communities in the country. The suburb’s population is a mere 12,000, its median income is above $207,000, and last year, 24/7 Wall Street named it the second-richest city in America.

Below, we’ve charted out the top 10 markets in Illinois:

Town Avg Price: 4-bed/2-bath house
Winnetka $840,355
Lake Forest $756,565
Hinsdale $755,417
Oak Brook $727,860
Glencoe $660,700
Western Springs $602,069
Wilmette $599,729
Deerfield $571,397
Clarendon Hills $571,242
Glenview $569,778

Photo Credit: Creative Commons 2.0: Zol87, http://commons.wikimedia.org/wiki/File:Welcome_to_Winnetka.jpg

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