The median home in Marengo, Illinois is valued at $341,079, up 5.9% year over year. Marengo is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$341,079

+5.9%

Prices rising — worse for buyers.

Affordability

Enter your income for Marengo.

Income (annual)

Down Payment

$68,216 on $341,079

Example: $75,000 household income. Change it above to see your own.

Out of reach40.1% of income

Need $107,529/yr to afford.

PITI$2,509

P/I40.1%

Afford$238K

Gap-$103K

P&I $1,725Tax $634Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Marengo with other housing markets across Illinois.

Kenilworth$1.93M Winnetka$1.73M Glencoe$1.51M Bannockburn$1.22M Golf$1.19M Hinsdale$1.18M Lake Forest$1.14M South Barrington$1.08M

Full Chicago-Naperville-Elgin, IL-IN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Chicago-Naperville-Elgin, IL-IN-WI metro.

View Chicago-Naperville-Elgin, IL-IN-WI metro

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.

Marengo, IL