February 2026 Chicago Northwest/North Suburbs Housing Market Updates

The Northwest and North Suburbs housing market entered 2026 with solid momentum. According to Info Sparks data as of February 2026, detached single-family home prices in several key communities showed steady year-over-year growth, reflecting continued buyer demand and balanced market conditions.

Here’s a quick overview of how these suburbs performed and what the trends mean for buyers and sellers.

Market Highlights Across Northwest/North Suburbs (February 2026)

Market Highlights Across Northwest/North Suburbs (February 2026)

• Niles – Median detached single-family home price $450,000, +5.8% year-over-year
  Niles continues to see consistent growth at a steady pace. Buyers appreciate the suburb’s accessibility, community amenities, and stable price movement, while homeowners benefit from ongoing equity gains. Read the full update

• Skokie – Median detached single-family home price $500,100, +9.9% growth
  Skokie posted near double-digit year-over-year appreciation, highlighting strong demand and competitive buyer activity. Detached homes in this area remain highly desirable due to location and lifestyle appeal. Read the full update

• Park Ridge – Median detached single-family home price $625,000, +2.5% growth
  Park Ridge recorded moderate but stable appreciation. The market continues to appeal to buyers seeking established neighborhoods, quality schools, and strong community amenities. Read the full update

• Morton Grove – Median detached single-family home price $477,539, +9.8% growth
  Morton Grove remains a strong performer, with near double-digit growth reflecting ongoing interest and confidence in the local market. Buyers continue to be drawn by accessibility and long-term value. Read the full update

• Des Plaines – Median detached single-family home price $415,000, +5.1% growth
  Des Plaines shows consistent year-over-year growth, driven by steady demand and practical value for buyers. The suburb remains appealing for homeowners seeking a balance of affordability and convenience. Read the full update

What the Numbers Mean for Northwest/North Suburbs – February 2026

Average Sales Price February 2026

The year-over-year growth across these suburbs shows healthy and consistent buyer demand. Detached single-family homes remain attractive as buyers look for suburban space with strong schools, community amenities, and reliable long-term value.

For homeowners:

• Equity continues to grow steadily

• Sustained buyer interest for well-priced homes

• Favorable conditions for selling heading into spring

For buyers:

• Stable markets with predictable appreciation

• Opportunities to enter before prices trend higher

• Long-term value in established, well-located communities

Summary

The February 2026 Northwest and North Suburbs housing markets are demonstrating stability, steady growth, and strong buyer interest. Standout appreciation in places like Skokie and Morton Grove highlights competitive demand, while steady gains in Niles, Park Ridge, and Des Plaines reflect balanced market conditions. Overall, these communities remain attractive for both homeowners and buyers seeking suburban value with easy Chicago access.

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