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Buying a home in Glen Ellyn, Illinois

The typical owner-occupied home in Glen Ellyn is worth about $544,000, 2.1 times the Illinois median of $263,300 and 64% above the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 1.84% of their home's value, lower than the Illinois rate of 2.01%. The median household earns $140,938 a year, so the median home costs 3.9 times the median income (3.2 times for Illinois). 78% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.

Glen Ellyn at a glance

Glen Ellyn Illinois U.S.
Median home value $544,000 $263,300 $332,700
Median property tax paid per year $10,001 $5,298 $3,119
Property tax as a share of value 1.84% 2.01% 0.94%
Median household income $140,938 $83,390 $80,734
Homes lived in by their owners 78% 67% 65%
Owner homes with a mortgage 66% 61% 61%
Median monthly costs, owners with a mortgage $3,317 $1,987 $1,963
Those costs as a share of the owners' income 22.0% 20.6% 21.0%
Median rent $1,433 $1,274 $1,413
Rent as a share of renters' income 31.7% 29.1% 30.6%
Median year homes were built 1971 1971 1980
Vacant homes 3.7% 7.7% 10.1%
Population 28,390 12,694,798 334,922,499

What a typical home costs per month in Glen Ellyn

At this week's average 30-year rate of 7.11%, buying the median Glen Ellyn home of $544,000 with 20% down costs about $3,988 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,895, 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 $170,932 for the 20%-down payment. That payment is 34% of the median Glen Ellyn household income of $140,938; at that income and 20% down, the 28% guideline points to a home of about $449,000.

The median rent here is $1,433 a month, so owning the median home costs about $2,555 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$108,800
Loan amount$435,200
Principal and interest$2,928
Property taxes (1.84% a year)$834
Homeowners insurance (our estimate, 0.5% a year)$227
PMI$0
Total per month$3,988

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3.5% down, 30-year FHA loan
Down payment$19,040
Loan amount$534,147
Principal and interest$3,593
Property taxes (1.84% a year)$834
Homeowners insurance (our estimate, 0.5% a year)$227
FHA mortgage insurance$241
Total per month$4,895

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Questions about home buying in Glen Ellyn

What is the median home value in Glen Ellyn?

About $544,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Glen Ellyn?

Homeowners pay a median $10,001 a year, which is about 1.84% 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 Glen Ellyn?

For the median home with 20% down at 7.11%, the payment is about $3,988 a month. Keeping that under 28% of gross income takes about $170,932 a year.

More about Glen Ellyn

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