The median home in Phoenix, Illinois is valued at $84,952, down 20.8% year over year. Phoenix 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$84,952

-20.8%

Prices falling — better for buyers.

Affordability

Enter your income for Phoenix.

Income (annual)

Down Payment

$16,990 on $84,952

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

Affordable11.8% of income

Under the 28% guideline.

PITI$737

P/I11.8%

Afford$202K

Room+$117K

P&I $430Tax $158Ins $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 Phoenix 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

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Phoenix, IL