
Downtown, IL Housing Market
$323,279
3.2% 1-yrThe average Downtown, IL home value is $323,279, up 3.2% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Downtown Key Takeaways
Typical Home Values: $323,279
1-Year Value Change: +3.2%
(Data through August 31, 2026)
Downtown Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Fairview$465,081
- Dempster West$354,722
- Central Skokie$451,413
- Devonshire Highlands$531,900
- Old Orchard$352,551
- Wildwood$624,858
- Edgebrook$635,025
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Downtown Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are the most expensive neighborhoods in Skokie, IL?
The neighborhoods with the highest median home values in Skokie, IL include: Devonshire Highlands ($540,076), Fairview ($465,764), Central Skokie ($457,624), Dempster West ($357,694), Old Orchard ($343,505).
What are the most affordable neighborhoods in Skokie, IL?
The neighborhoods with the lowest median home values in Skokie, IL include: Downtown ($324,601), Old Orchard ($343,505), Dempster West ($357,694), Central Skokie ($457,624), Fairview ($465,764).
Which Skokie, IL neighborhoods have the fastest growing home values?
Neighborhoods with the highest year-over-year value growth in Skokie, IL include: Dempster West (8.4%), Fairview (8.3%), Central Skokie (7.6%), Devonshire Highlands (6.4%), Old Orchard (4.4%).


