Crestwood, Illinois.
Typical home $204,172 (-2.9% in a year). Chicago-Naperville-Elgin, IL-IN-WI metro.
to buy the typical home at today's mortgage rate — +$400 (+60%) since Jan 2020.
- 1 year
- Down $6,006 -3%
- $210,178$204,172 since Sep 2025
- 5 years
- Down $9,007 -4%
- $213,179$204,172 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Crestwood$1,072
- Illinois$1,553
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Crestwood, IL fell 2.9% over the past year — slower than the nation's +1.2%.
Living in Crestwood, Cook County, Illinois
Crestwood is a village of 10,826 people in Cook County. Half its households earn more than $75,752 a year and half less, against $83,498 across Cook County; 13% of its people live below the poverty line. 76% of its homes are lived in by their owners and 24% are rented. Unemployment in Cook County was 5.9% in August 2026, and the county had 1.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Crestwood is a village in Cook County, in the Chicago area, with a population on the older side for the region. Most homes are lived in by their owners, and household incomes run a little below the county's, with a share of residents living below the poverty line. Winters are cold and snowy, with January the coldest month, while July brings warm summer days and the year is fairly wet overall.
Work. Residents work mostly in schools, hospitals and social care, followed by shops, professional and business services, and manufacturing. Walmart, the Village of Crestwood and Target are among the largest workplaces in the village itself. Commutes are on the long side, and a share of people work from home. Unemployment across Cook County is higher than it was a year earlier, though the county has added a few more jobs than the year before.
Things to do. SeatGeek Stadium is a stadium just a short drive away. Farther afield, a longer drive takes you into Chicago, where the Art Institute of Chicago is a museum and Millennium Park is a garden. The Field Museum of Natural History is another museum within that same longer drive.
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- 4,902households
- 26%of adults have a degree
- 13%below the poverty line
- 33 mintypical commute
- 13%work from home
What residents work in
Employed residents by industry, from the Census survey. Cook County had 2,594,810 jobs in 2025, 1.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 20°; warmest in July, with highs near 85° and lows near 68°. About 39 inches of snow and 41 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Chicago Midway Airport 3SW weather station, 7 miles away (NOAA).
Largest workplaces in Crestwood
- WalmartWarehouse clubs and supercenters364
- Village of Crestwood IllinoisAuditor's offices, government230
- TargetDiscount department stores187
- Menards"home centers"170
- Aliya of CrestwoodSkilled nursing facilities160
- Sunrise SouthwestBus operation, school and employee150
- Crestwood Rehabilitation CenterSkilled nursing facilities148
- CrestwoodDistribution of electric power135
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 23 workplaces with 20 or more staff, 2,416 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesVery high
- Inland floodingVery high
- TornadoesVery high
- Heat wavesRelatively high
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Crestwood’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Cook County and the Chicago-Naperville-Elgin, IL-IN-WI metro.
Crestwood home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Crestwood$204,172
- Illinois$295,943
- United States$366,157
Sellers are cutting prices on about 1 in 3 Crestwood listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Crestwood30.85%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Crestwood38
New listings per month
Sellers arriving at the market.
- Crestwood18
Zip codes with a Crestwood address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Crestwood — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.