Slow Growth In Hinsdale Home Values: Report

HINSDALE, IL – Among Illinois towns, Hinsdale has the fourth highest typical home value, according to a report from a data organization.

At the same time, the growth in Hinsdale housing prices over the last five years was abnormally low, Stacker reported.

Stacker looked at the 30 Illinois towns with the most expensive houses. The data is from May.

The five-year growth in home values in the other 29 towns ranged from 9 percent to 27.3 percent. All are a lot higher than Hinsdale's 4.5 percent, Stacker reported.

Nearby towns more than doubled Hinsdale's rate of growth – Burr Ridge at 12.1 percent, Clarendon Hills and Western Springs at 14.8 percent, and La Grange at 17.9 percent, according to Stacker.

Wayne, a town in Kane County, saw the most growth at 27.3 percent.

In Hinsdale, the typical home value is $1,007,000, Stacker reported. The only towns that finished higher are Kenilworth ($1,568,000), Winnetka ($1,442,000) and Glencoe ($1,345,263).

According to Stacker, Burr Ridge's typical home value ranked 16th ($726,000), with Western Springs 21st ($671,825), La Grange 29th ($572,000) and Clarendon Hills 30th ($558,000).