Illinois boasts some of the most luxurious cities in the nation, with extravagant homes, high-end amenities, and exclusive neighborhoods. Whether you’re considering properties in Winnetka or Long Grove, these cities exude sophistication and comfort. While these areas offer unparalleled living experiences, they also come with a hefty price tag. If you’re not prepared for such a significant investment, exploring nearby alternatives may better suit your budget. Here is Redfin’s compilation of the priciest cities in Illinois.
Key Details about Illinois
Median sale price | $283,200 |
Median household income | $80,306 |
Average rent | $2,223 |
10. Western Springs, IL
Median Sale Price: $936,000
Homes for Sale in Western Springs
Western Springs is renowned for its quaint downtown area and picturesque tree-lined streets, creating a serene yet upscale environment. The Historic Water Tower serves as a local landmark, symbolizing the town’s rich history. Residents can enjoy boutique shopping, local eateries, and convenient access to nearby forest preserves. The neighborhood features a blend of historic and modern luxury residences. Its proximity to downtown Chicago appeals to those seeking suburban sophistication without sacrificing urban connectivity.
1. Winnetka, IL
Median Sale Price: $2,175,000
Homes for Sale in Winnetka
Winnetka reigns as Illinois’ most exclusive city, offering lavish residences and a luxurious lifestyle along the shores of Lake Michigan. The village’s scenic landscapes include parks, beaches, and picturesque walking trails. The Hubbard Woods business district provides access to upscale boutiques and dining establishments. Residents can choose from a mix of historic mansions and contemporary luxury homes.
Richest Cities in Illinois
Based on median household income, the wealthiest cities in Illinois are:
City | Median household income |
Winnetka, IL | $250,001 |
Most Affordable Places to Live in Illinois
Not every city in Illinois carries a hefty price tag. If you’re seeking budget-friendly housing options and lower living expenses, consider these cities:
City | Median home sale price |
East St. Louis, IL | $45,000 |
Methodology: Rankings based on median home sale price data sourced from Redfin.com during January 2025. Median household income sourced from U.S. Census Data.