Are Home Prices Rising or Falling in Bartlett, IL?

Homes in Bartlett, a city near Chicago, IL, are getting noticeably more expensive. The median sale price climbed 8.5% year over year to $444,706, a pace that well exceeds both the national and metro averages. Here's a closer look at the trend and what it could mean for your next move.

The National Picture

Home prices across the U.S. rose about 2% in the three months ending August 2026, putting the national median near $399,000. The affordability picture has brightened slightly, with the typical household earning roughly $88,000 and spending about 34.4% on housing, down 1.6 points from a year ago. Around 20% of homes nationally have had a price reduction, and there are approximately four months of supply on the market.

Home Prices in the Chicago Area

A typical household across the Chicago metro earns about $99,000 and spends roughly 35.1% of income on housing. That's essentially unchanged from a year ago. Bartlett's median of $444,706 falls below several neighboring suburbs, though the pace of its price gains has been stronger than most.

Steady Gains With Few Signs of Slowing

Bartlett's 8.5% price gain puts it among the faster-appreciating markets west of Chicago. By contrast, Naperville, at a much higher $654,567 — posted a 4.7% increase, and Wheaton rose 6% to $524,653. Downers Grove gained 10.5%, reaching $549,636. Only 12.6% of Bartlett listings have seen a price cut, one of the lower rates in the area, and more than half of homes sold above asking price.

The nearby Tri Village neighborhood, with a median of $377,318, grew 5.4% — suggesting that the broader Bartlett area is participating in the same upward momentum, though the pace varies block to block.

Why Are Prices Rising in Bartlett?

Bartlett prices are climbing because supply remains tight and buyer activity hasn't let up. Active listings barely changed, slipping 0.6% from last year, and new listings rose less than 1%. With just 1.6 months of supply, there isn't nearly enough inventory to ease price pressure. Homes sell in a median of 43 days, and pending sales ticked up 1.4%. The sale-to-list ratio of 100.9% shows buyers are paying at or above asking, and with so few price reductions, sellers have little reason to adjust.

Limited to neighborhoods with at least 10 home sales in the period.

All data comes from Redfin and represents a three-month rolling average ending August 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.