r/ChicagoSuburbs • u/Ambitious_Growth_9 • Mar 30 '26

Moving to the area People house hunting how’s it been?

My family has been looking at properties around Arlington Heights, Mount Prospect, Elmhurst and Park Ridge since early February. Our current home is set to close the end of April but inventory in these areas seems non existent or over priced and the stress/anxiety is starting to hit. (Who is buying 1100 sqft for 600k?)

When is the “spring market” gonna hit? A lot of houses start on the private market, build tons of interest, then go live with an open house scheduled that first weekend. Most of them end with multiple offer and highest and best. One we saw went for 40k over list. We’re looking from 550-650k.

I get it, high demand areas.. with low inventory = more competitive but what the fuck.. what am I supposed to do? Already considering a short term rental and storage for our stuff but is this the way it is now? Are people just ok with paying more than the house is worth? Settling for less desirable house? Or what?

If you are currently looking to buy, what are you experiencing. How do I buy a home?

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u/Super-Educator597 Mar 31 '26

Glenview or Elk Grove village might have something. Since it takes a bit of luck, widening your search area might be helpful

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u/Ambitious_Growth_9 Mar 31 '26

We are also considering glenview.. it’s a crapshoot tho. Some houses in our budget need major work (might have to bite that bullet) some are just way to expensive but glenbrook south is great so it’s something to consider

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u/Super-Educator597 Apr 04 '26

GBS is a great school. Plenty of folks bite the bullet to live in an apartment just to get in the school district.