Similar to nearby areas, it is a bit more expensive compared to the US as a whole. Compared to the city of Chicago, it is close to average.
Home prices
The median home price in Harwood Heights is $267,300. It is is very similar in comparison to the surrounding areas.It is approximately $49,800 (22%) higher compared to the country as a whole, and in comparison to the city of Chicago it is about $9,300 (3%) higher.
Rents
The median monthly rent in Harwood Heights is $986. Compared to nearby areas this is approximately $68 (6%) lower.Compared to the entire nation it is approximately $76 (7%) lower, and in comparison to the city of Chicago it is roughly $126 (11%) lower.
Nearby places
Norridge
Norridge is Harwood Heights's neighbor to the west. Its real estate prices are somewhat more expensive. The median home price in Norridge is $286,400, which comes out to $19,100 (6%) higher than Harwood Heights. Its rents are a little more expensive. Norridge's median rent is $1,199 a month, which comes out to $213 (17%) higher than Harwood Heights.
Schiller Park
Schiller Park is about 2 miles west from Harwood Heights. Its real estate prices are a little less expensive. The median home in Schiller Park costs $203,200, which works out to $64,100 (31%) lower than Harwood Heights. Rent there is pretty similar. Schiller Park's median monthly rent is $1,031, which comes out to $45 (4%) higher than Harwood Heights.
Elmwood Park
Elmwood Park is about 2 miles south from Harwood Heights. Real estate prices there are similar. The median home in Elmwood Park is valued at $258,000, which works out to $9,300 (3%) lower than Harwood Heights. Rent there is a little more expensive. In Elmwood Park the median rent is $1,120 per month, which comes out to $134 (11%) higher than Harwood Heights.
River Grove
River Grove is approximately 3 miles southwest of Harwood Heights. Its real estate prices are somewhat less expensive. The median home in River Grove is valued at $211,200, which works out to $56,100 (26%) lower than Harwood Heights. Rents there are similar. In River Grove the median rent is $972 a month, which works out to $14 (1%) lower than Harwood Heights.
Rosemont
Rosemont is roughly 3 miles northwest of Harwood Heights. Its real estate prices are a bit more expensive. The median home in Rosemont is valued at $371,500, which works out to $104,200 (28%) higher than Harwood Heights. Rents there are pretty similar. The median monthly rent in Rosemont is $948, which comes out to $38 (4%) lower than Harwood Heights.