Skokie, Illinois.
Typical home $427,043 (+7.9% in a year), asking rent $2,371 (+5.2%). Chicago-Naperville-Elgin, IL-IN-WI metro.
to buy the typical home at today's mortgage rate — +$1,216 (+118%) since Jan 2020.
- 1 year
- Up $31,392 +8%
- $395,651$427,043 since Sep 2025
- 5 years
- Up $108,671 +34%
- $318,371$427,043 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.
- Skokie$2,241
- Illinois$1,553
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Skokie, IL rose 7.9% over the past year — faster than the nation's +1.2%.
Asking rents in Skokie, IL rose 5.2% over the past year — faster than the nation's +2.7%.
Owning the typical home in Skokie runs $1,007/mo more than renting one — the widest that gap has been in this data.
That is $3,378 a month against $2,371 rent: a $2,241 mortgage payment, plus $679 property tax and $457 insurance & upkeep.
Owning vs renting — Skokie
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,378
- Renting$2,371
- Mortgage only$2,241
Property tax · $679/mo 1.91% of value a year — the ACS 2020-2024 median bill over the median home value for Cook County, IL
Insurance & upkeep · $457/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Skokie, Cook County, Illinois
Skokie is a village of 67,824 people in Cook County. Half its households earn more than $95,337 a year and half less, against $83,498 across Cook County; 10% of its people live below the poverty line. 75% of its homes are lived in by their owners and 25% are rented. Unemployment in Skokie was 5.4% in August 2026, and Cook County had 1.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
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. Skokie is a village just north of Chicago, home to a settled, mostly older population. Most homes are lived in by their owners, and household incomes run above the county's. Winters are cold and snowy, with January the coldest month, and summers turn warm in July, with a fair amount of rain through the year.
Work. Residents work mainly in schools, hospitals and social care, in professional and business services, and in shops, banks and insurance. Among the largest workplaces in Skokie are Skokie Hospital, the Niles Township high school district and Federal Mogul, an engine manufacturer. Many adults hold a four-year degree, and a fair number of people work from home, though most travel to a job with a commute of moderate length.
Things to do. The Illinois Holocaust Museum and Education Center is in or beside town. A short drive away are Wrigley Field, a stadium, and Lincoln Park, a large city park. A longer drive takes you to the Art Institute of Chicago, one of the best known museums in the country.
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- 24,382households
- 54%of adults have a degree
- 10%below the poverty line
- 28 mintypical commute
- 20%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 32° and lows near 16°; warmest in July, with highs near 84° and lows near 63°. About 34 inches of snow and 40 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Chicago Botanic Garden weather station, 8 miles away (NOAA).
Largest workplaces in Skokie
- Federal MogulInternal combustion engines manufacturing949
- Skokie HospitalGeneral medical and surgical hospitals875
- Niles Twp HSD 219School district730FTE
- Georgia NutConfectionery stores, packaged, retailing only692
- Skokie Park DistrictNature parks530
- Lakeshore ManagementReal estate property managers' offices, residential463
- WalmartWarehouse clubs and supercenters448
- AmazonGeneral warehousing and storage420
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 61 workplaces with 20 or more staff, 9,875 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. 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
- Heat wavesRelatively high
- TornadoesRelatively high
- Inland floodingrelatively high in parts of SkokieRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Skokie’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.
Skokie home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Skokie$427,043
- Illinois$295,943
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Skokie listings, and the typical home goes pending in 14 days — the market is cooling.
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.
- Skokie29.75%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Skokie14
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Skokie149
New listings per month
Sellers arriving at the market.
- Skokie60
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Skokie$386,369
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Skokie100.63%
Zip codes with a Skokie address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Skokie — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Skokie
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 60076 | Skokie | 32,953 | $2,113 | $458,396 |
| 60077 | Skokie | 28,501 | $2,430 | $382,604 |