Bannockburn, IL housing market
The typical Bannockburn home is worth about $1,261,000, up 11.9% in a year, 324% above the Illinois typical home.
Home values, sales, trends and how Bannockburn compares with the towns next door — updated as new data is published.
Bannockburn at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Bannockburn | Illinois |
|---|---|---|
| 2017 | $847,000 | $181,000 |
| 2018 | $807,000 | $190,000 |
| 2019 | $786,000 | $195,000 |
| 2020 | $736,000 | $200,000 |
| 2021 | $779,000 | $215,000 |
| 2022 | $855,000 | $236,000 |
| 2023 | $933,000 | $248,000 |
| 2024 | $1,022,000 | $263,000 |
| 2025 | $1,094,000 | $278,000 |
| 2026 | $1,238,000 | $290,000 |
| August 2026 | $1,261,000 | $298,000 |
Bannockburn and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Bannockburn | $1.26M | +11.9% | — | $214,000 |
| Deerfield | $662K | +7.6% | 51 | $181,660 |
| Lake Forest | $1.25M | +10.8% | 49 | $235,081 |
| Riverwoods | $1.01M | +8.4% | — | $249,205 |
| Highland Park | $808K | +9.2% | 31 | $168,094 |
5.9 years of income
The typical Bannockburn home costs about 5.9 years of the town's median household income, more than across Illinois (3.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in Bannockburn
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.