Chicago Great Western Railroad Depot · Photo: IvoShandor · CC BY-SA 3.015 homes sold in Elizabeth in the last year, at a typical $155K
Almost every sale is a house. Below: what each kind of home sells for and a shortcut to every site where Elizabeth homes are listed.
Every place Elizabeth homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Elizabeth.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Elizabeth’s sales, at a typical — (year to May 2026)
15 homes sold in the year to September 2026.
More homes sell than most years, at 1.6 times the 2016 price
15 sales in the last year, against 14 in 2021 and a low of 1 in 2013. The typical sale went from $97K in 2016 to $155K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Owning the typical Elizabeth home costs about $1,028 a month
Price: Elizabeth’s typical sale, last 12 months. Property tax at Elizabeth’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Elizabeth is affordable on local pay is on Cost of living.
Four things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $155K home, about $2,630 a year.
Taxes vs. neighborsTypical commute
The average one-way trip to work for people who live in Elizabeth.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Elizabeth, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Elizabeth. People who follow the town see it, and so do people comparing Elizabeth with their own town. No commission, no listing fee.
Questions about buying a home in Elizabeth
What do homes sell for in Elizabeth, IL?
15 homes sold in the year to September 2026 at a typical $155K, $98 a square foot.
Is Elizabeth a buyer’s or seller’s market?
A balanced market: 5 homes were for sale in September 2026 and 0 sold, about 5 months of supply. Buyers paid 93.8% of asking on average.
How much are property taxes in Elizabeth?
About 1.7% of a home’s value a year. On a $155K home that’s near $2,630.
Where can I see homes for sale in Elizabeth?
Zillow, Redfin, Realtor.com and Homes.com all carry Elizabeth’s MLS listings; the search links above open each one filtered to Elizabeth.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).