New Homes in Chicago, IL Under $250k :: 191 Communities

Chicago Homes Under $250k

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            191 Communities

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            Aspire at Deer Ridge by K. Hovnanian® Homes in Chicago Illinois
            homes in Aspire at Deer Ridge by K. Hovnanian® Homes
            homes in Aspire at Deer Ridge by K. Hovnanian® Homes
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            Aspire at Deer Ridge

            Community by K. Hovnanian® Homes

            1914 Eagle Drive
            Morris, IL 60450

            K. Hovnanian® Homes Read Reviews

            888-217-8914

            from $235,995 - $294,081

            2 homes match your search

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            Celebration by Bigelow Homes in Chicago Illinois
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            Celebration

            Community by Bigelow Homes

            1050 Celebration Dr.
            Aurora, IL 60504

            Bigelow Homes

            888-846-2035

            from $218,175 - $277,509

            5 homes match your search

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            Emerson Park by M/I Homes in Chicago Illinois
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            homes in Emerson Park by M/I Homes
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            Emerson Park

            Community by M/I Homes

            4304 Monroe Avenue
            Naperville, IL 60564

            M/I Homes

            888-214-5774

            from $247,990 - $372,490

            1 home matches your search

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            Talamore Townhomes by Lennar in Chicago Illinois
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            Talamore Townhomes

            Community by Lennar

            8927 Disbrow St.
            Huntley, IL 60142

            Lennar Read Reviews

            888-203-8449

            from $231,270 - $279,595

            3 homes match your search

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            Ashcroft Place by West Point Builders in Chicago Illinois
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            Ashcroft Place

            Community by West Point Builders

            603 Westford Place
            Oswego, IL 60543

            West Point Builders

            888-217-1860

            from $226,990 - $385,990

            4 homes match your search

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            Stonegate Duplex by Lennar in Chicago Illinois
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            Stonegate Duplex

            Community by Lennar

            24718 McCormick Way
            Manhattan, IL 60442

            Lennar Read Reviews

            888-516-1358

            from $196,490 - $213,490

            6 homes match your search

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            Briargate by Pulte Homes in Chicago Illinois
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            Briargate

            Community by Pulte Homes

            US Route 45 and Deer Trail Drive
            Lindenhurst, IL 60046

            Pulte Homes Read Reviews

            888-226-4980

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            Trillium Farm by Pulte Homes in Chicago Illinois
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            Trillium Farm

            Community by Pulte Homes

            Purnell Road, South of Garys Mill Road
            Winfield, IL 60190

            Pulte Homes Read Reviews

            888-376-3955

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            Hunter's Crossing by M/I Homes in Chicago Illinois
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            Hunter's Crossing

            Community by M/I Homes

            26015 S. Indian Creek Trail
            Channahon, IL 60410

            M/I Homes

            888-203-2962

            from $238,990 - $300,990

            2 homes match your search

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            Stonegate by Lennar in Chicago Illinois
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            Stonegate

            Community by Lennar

            24717 McCormick Way
            Manhattan, IL 60442

            Lennar Read Reviews

            888-855-6786

            from $245,990 - $332,427

            1 home matches your search

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            Aspire at Ashley Pointe by K. Hovnanian® Homes in Chicago Illinois
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            Aspire at Ashley Pointe

            Community by K. Hovnanian® Homes

            2061 Wren Road
            Yorkville, IL 60560

            K. Hovnanian® Homes Read Reviews

            888-746-1573

            from $242,995 - $312,995

            1 home matches your search

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            Woodlore Estates - The Townes by Lennar in Chicago Illinois
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            Woodlore Estates - The Townes

            Community by Lennar

            1011 River Birch Blvd
            Crystal Lake, IL 60012

            Lennar Read Reviews

            888-524-3386

            from $216,990 - $269,595

            7 homes match your search

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            Chasewood at Highland Woods by Pulte Homes in Chicago Illinois
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            Chasewood at Highland Woods

            Community by Pulte Homes

            Highland Woods Blvd. and Greenbriar Dr.
            Elgin, IL 60124

            Pulte Homes Read Reviews

            888-348-2599

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            Sunset Point by Ryan Homes in Chicago Illinois
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            Sunset Point

            Community by Ryan Homes

            311 Pheasant Run Rd
            Joliet, IL 60433

            Ryan Homes

            888-310-6293

            from $225,990 - $256,990

            3 homes match your search

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            Eastfield by Pulte Homes in Chicago Illinois
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            Eastfield

            Community by Pulte Homes

            NW Corner of Army Trail Road and Petersdorf Road
            Bartlett, IL 60103

            Pulte Homes Read Reviews

            888-422-0041

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            New Home Cities in Chicago

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            CityCommunitiesAverage New Home Price
            Plainfield8$342,249
            Naperville8$616,454
            Yorkville6$265,534
            Joliet5$278,829
            Elgin5$351,694
            Montgomery4$283,940
            Aurora4$295,803
            Crystal Lake3$303,347
            Plano3$231,878
            Manhattan3$231,370
            Huntley3$308,895
            Lemont3$589,166

            New Homes in Chicago by Region

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            RegionCommunitiesAverage New Home Price
            Downtown Chicago 70$1,130,000
            North Chicago 10$423,000
            Northwest Chicago 3$477,000
            South Chicago 27$350,000
            Southwest Chicago 116$451,000

            Chicago features many of the best home builder communities in Illinois, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Chicago has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Chicago area. In fact, there are 191 communities and 138 builders in Chicago with homes starting at under $250K.

            How to Find Homes in Chicago For Less Than $250K?

            Many builders recognize there is growing demand in the Chicago area for homes under the $250k price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices.