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Buying a home in Glenview, Illinois

The typical owner-occupied home in Glenview is worth about $609,600, 2.3 times the Illinois median of $263,300 and 83% above the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 1.64% of their home's value, lower than the Illinois rate of 2.01%. The median household earns $143,056 a year, so the median home costs 4.3 times the median income (3.2 times for Illinois). 79% of occupied homes here are lived in by their owners, and 61% of those owners still have a mortgage.

Glenview at a glance

Glenview Illinois U.S.
Median home value $609,600 $263,300 $332,700
Median property tax paid per year $10,001 $5,298 $3,119
Property tax as a share of value 1.64% 2.01% 0.94%
Median household income $143,056 $83,390 $80,734
Homes lived in by their owners 79% 67% 65%
Owner homes with a mortgage 61% 61% 61%
Median monthly costs, owners with a mortgage $3,269 $1,987 $1,963
Those costs as a share of the owners' income 20.0% 20.6% 21.0%
Median rent $2,148 $1,274 $1,413
Rent as a share of renters' income 37.1% 29.1% 30.6%
Median year homes were built 1977 1971 1980
Vacant homes 4.0% 7.7% 10.1%
Population 47,752 12,694,798 334,922,499

What a typical home costs per month in Glenview

At this week's average 30-year rate of 7.11%, buying the median Glenview home of $609,600 with 20% down costs about $4,368 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,383, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $187,190 for the 20%-down payment. That payment is 37% of the median Glenview household income of $143,056; at that income and 20% down, the 28% guideline points to a home of about $466,000.

The median rent here is $2,148 a month, so owning the median home costs about $2,220 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$121,920
Loan amount$487,680
Principal and interest$3,281
Property taxes (1.64% a year)$833
Homeowners insurance (our estimate, 0.5% a year)$254
PMI$0
Total per month$4,368

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3.5% down, 30-year FHA loan
Down payment$21,336
Loan amount$598,559
Principal and interest$4,027
Property taxes (1.64% a year)$833
Homeowners insurance (our estimate, 0.5% a year)$254
FHA mortgage insurance$270
Total per month$5,383

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Questions about home buying in Glenview

What is the median home value in Glenview?

About $609,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Glenview?

Homeowners pay a median $10,001 a year, which is about 1.64% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Glenview?

For the median home with 20% down at 7.11%, the payment is about $4,368 a month. Keeping that under 28% of gross income takes about $187,190 a year.

More about Glenview

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data