75 homes sold in Northlake in the last year, at a typical $305K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Northlake homes are listed.
Every place Northlake 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 Northlake.
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.
13% of Northlake’s sales are condos, at $146K less than a house
65 houses and 10 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 65 sold in 12 months
- Per square foot
- $229IL $180
- Days to sell
- 50
- Sold over asking
- 62%
- Listings with a price cut
- 16%
typical sale · 10 sold in 12 months
- Per square foot
- $205IL $251
- Days to sell
- 81
- Sold over asking
- 20%
- Listings with a price cut
- 35%
Fewer homes sell than a decade ago, at 1.8 times the 2016 price
75 sales in the last year, against 176 in 2013 and a low of 81 in 2023. The typical sale went from $170K in 2016 to $305K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Northlake
Check a listing against what Northlake homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Northlake are more common than before the pandemic, but half fewer homes come up for sale
We read every month of Northlake’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 75 sales.
If you’re buying in Northlake
- Shop in April. It brings about 14 new listings a month, close to the busiest month, with fewer bidding wars (37% over asking).
- Less room to haggle. Only 16% of listings cut their price, against 20% before the pandemic.
- Bid near asking. Buyers paid 100.1% of the list price on average; 56% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 16 a month), and the most competition: 48% close over asking. April offers nearly as much choice with fewer homes bid up (37%). February has the least competition (22%) but only about 8 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Illinois
| Northlake now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 56% | 30% | 47% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 48% | 34% | 56% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 16% | 20% | 28% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 100.1% | 98.1% | 99.6% | 99.2% |
| Days to sellMedian days from listing to contract | 52 | 52 | 16 | 49 |
17 homes for sale on a typical day
That’s 1.3 times the 2021 low (13), 51% fewer than in 2017–19 and well under 2012’s 72.
1 in 6 listings has cut its price
16% in the last year, against 20% in 2017–19 and 19% across Illinois.
Since 2019, houses are up 55%, condos 119%
A house typically sold for $320K in the last year (65 sales), a condo for $174K (10).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Northlake ranks 5th of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Northlake is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Northlake home costs about $2,179 a month
Price: Northlake’s typical sale, last 12 months. Property tax at Northlake’s 2.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Northlake is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 6.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $305K home, about $7,060 a year.
Taxes vs. neighborsSchools
The schools grade for Northlake, from test results, graduation and how much students grow.
Schools in NorthlakeTypical commute
The average one-way trip to work for people who live in Northlake.
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.
Melrose Park and Bellwood sell for less a square foot; Elmhurst for far more
The busier markets within 25 miles of Northlake, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Elmhurst | 513 | $672K | $354 | 35% | 52 |
| Bellwood | 154 | $260K | $219 | 48% | 70 |
| Franklin Park | 128 | $338K | $262 | 58% | 54 |
| Melrose Park | 111 | $368K | $219 | 43% | 78 |
| Northlake | 75 | $305K | $226 | 56% | 52 |
| Hillside | 61 | $330K | $244 | 38% | 63 |
| Berkeley | 55 | $311K | $233 | 47% | 71 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Northlake, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Northlake. People who follow the town see it, and so do people comparing Northlake with their own town. No commission, no listing fee.
Questions about buying a home in Northlake
What do homes sell for in Northlake, IL?
75 homes sold in the year to May 2026 at a typical $305K, $226 a square foot. Houses sold for about $320K, condos for about $174K.
Is Northlake a buyer’s or seller’s market?
A balanced market: 20 homes were for sale in May 2026 and 4 sold, about 5 months of supply. Buyers paid 100.1% of asking on average, and 16% of listings cut their price.
When is the best time to buy in Northlake?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Northlake?
About 2.3% of a home’s value a year. On a $305K home that’s near $7,060.
Where can I see homes for sale in Northlake?
Zillow, Redfin, Realtor.com and Homes.com all carry Northlake’s MLS listings; the search links above open each one filtered to Northlake.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).