Home prices
The median home in Bannockburn is valued at $971,200. It is approximately $435,000 (81%) higher in comparison to its nearby areas.It is about $753,700 (346%) higher compared to the nation as a whole, and it is approximately $713,200 (276%) higher in comparison to the city of Chicago.
Rents
Bannockburn's median monthly rent is $1,065. It is roughly $984 (48%) lower compared to other places in this area.It is is very similar in comparison to the country as a whole, and is roughly $47 (4%) lower compared to the city of Chicago.
Nearby places
Riverwoods
Riverwoods is Bannockburn's neighbor to the southwest. Its real estate prices are significantly less expensive. The median home in Riverwoods costs $714,500, which comes out to $256,700 (35%) lower than Bannockburn. Its rents are a lot more expensive. Riverwoods's median rent is $2,539 a month, which is $1,474 (58%) higher than Bannockburn.
Deerfield
Deerfield is Bannockburn's neighbor to the southeast. The housing prices there are significantly less expensive. Deerfield's median home value is $518,500, which works out to $452,700 (87%) lower than Bannockburn. Its rents are substantially more expensive. The median monthly rent in Deerfield is $1,875, which works out to $810 (43%) higher than Bannockburn.
Highland Park
Highland Park is Bannockburn's neighbor to the east. The housing prices there are a lot less expensive. The median home in Highland Park is valued at $584,500, which comes out to $386,700 (66%) lower than Bannockburn. Rent there is substantially more expensive. The median rent in Highland Park is $1,754 per month, which is $689 (39%) higher than Bannockburn.
Lincolnshire
Lincolnshire is approximately 2 miles west of Bannockburn. Housing prices there are significantly less expensive. The cost of the median home in Lincolnshire is $508,700, which comes out to $462,500 (90%) lower than Bannockburn. Rents there are a lot more expensive. In Lincolnshire the median rent is $2,791 a month, which is $1,726 (61%) higher than Bannockburn.
Highwood
Highwood is about 2 miles east of Bannockburn. The real estate prices there are a lot less expensive. The price of the median home in Highwood is $354,800, which is $616,400 (173%) lower than Bannockburn. The rent there is a bit more expensive. The median monthly rent in Highwood is $1,287, which is $222 (17%) higher than Bannockburn.
