Home prices
The median home price in Skokie is $318,800. Compared to the surrounding areas it is roughly $100,580 (23%) lower.It is roughly $101,300 (46%) higher in comparison to the country as a whole, and is about $60,800 (23%) higher compared to the city of Chicago.
Rents
In Skokie the median monthly rent is $1,271. It is about $273 (17%) lower compared to other places in this area.Compared to the country as a whole it is roughly $209 (19%) higher, and in comparison to the city of Chicago is roughly $159 (14%) higher.
Nearby places
Lincolnwood
Lincolnwood is Skokie's neighbor to the south. Housing prices there are somewhat more expensive. The median home in Lincolnwood costs $396,100, which comes out to $77,300 (19%) higher than Skokie. Its rents are substantially more expensive. Lincolnwood's median monthly rent is $1,894, which comes out to $623 (32%) higher than Skokie.
Evanston
Evanston is Skokie's neighbor to the east. Its real estate prices are a little more expensive. The median home in Evanston is valued at $391,400, which comes out to $72,600 (18%) higher than Skokie. Rents there are a bit more expensive. Evanston's median rent is $1,376 a month, which works out to $105 (7%) higher than Skokie.
Morton Grove
Morton Grove is Skokie's neighbor to the west. The real estate prices there are pretty similar. The median home in Morton Grove is valued at $317,200, which is very similar to Skokie. Rent there is a little more expensive. The median rent in Morton Grove is $1,823 a month, which comes out to $552 (30%) higher than Skokie.
Wilmette
Wilmette is Skokie's neighbor to the north. Housing prices there are significantly more expensive. The cost of the median home in Wilmette is $707,800, which works out to $389,000 (54%) higher than Skokie. Rents there are a little more expensive. In Wilmette the median rent is $1,484 a month, which is $213 (14%) higher than Skokie.
Niles
Niles is Skokie's neighbor to the west. Housing prices there are a little less expensive. Niles's median home value is $284,400, which is $34,400 (12%) lower than Skokie. The rent there is a bit less expensive. The median monthly rent in Niles is $1,141, which is $130 (11%) lower than Skokie.
