New Homes in , IL Under $400k :: 411 Communities

, IL Homes Under $400K!

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            411 Communities

            Quick Move-In Hot Deals

            Trails of Woods Creek by Pulte Homes in Chicago Illinois
            homes in Trails of Woods Creek by Pulte Homes
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            Trails of Woods Creek

            Community by Pulte Homes

            W Algonquin Road and Frank Road
            Algonquin, IL 60102

            Pulte Homes Read Reviews

            888-394-2517

            from $289,990 - $426,990

            8 homes match your search

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            Balmorea Townhomes by Ryan Homes in Chicago Illinois
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            homes in Balmorea Townhomes by Ryan Homes

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            Balmorea Townhomes

            Community by Ryan Homes

            3417 Helene Reider
            Montgomery, IL 60538

            Ryan Homes

            888-258-0425

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            Bowes Creek Country Club - The Fairways Collection by Toll Brothers in Chicago Illinois
            homes in Bowes Creek Country Club - The Fairways Collection by Toll Brothers
            homes in Bowes Creek Country Club - The Fairways Collection by Toll Brothers
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            Bowes Creek Country Club - The Fairways Collection

            Community by Toll Brothers

            3513 Tournament Drive
            Elgin, IL 60124

            Toll Brothers

            888-384-5843

            from $373,995 - $479,995

            2 homes match your search

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            Legacy Pointe by M/I Homes in Chicago Illinois
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            homes in Legacy Pointe by M/I Homes

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            Legacy Pointe

            Community by M/I Homes

            1413 Legacy Pointe Boulevard
            Joliet, IL 60431

            M/I Homes

            630-343-0885

            from $255,990 - $333,010

            3 homes match your search

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            The Seasons at Southbury by Lennar in Chicago Illinois
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            The Seasons at Southbury

            Community by Lennar

            400 Shadow Court
            Oswego, IL 60543

            Lennar Read Reviews

            224-206-3577

            from $237,990 - $290,495

            7 homes match your search

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            Legend Lakes by Lennar in Chicago Illinois
            homes in Legend Lakes by Lennar
            homes in Legend Lakes by Lennar
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            Legend Lakes

            Community by Lennar

            325 Tralee Lane
            McHenry, IL 60050

            Lennar Read Reviews

            224-293-0693

            from $302,990 - $369,990

            8 homes match your search

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            Emerson Park by M/I Homes in Chicago Illinois
            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

            630-243-4487

            from $273,990 - $392,110

            7 homes match your search

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            Ashford Place by Olthof Homes in Chicago Illinois
            homes in Ashford Place by Olthof Homes
            homes in Ashford Place by Olthof Homes

            Ashford Place

            Community by Olthof Homes

            2214 Daly Lane
            Plainfield, IL 60586

            Olthof Homes

            815-313-4123

            from $343,215 - $383,861

            8 homes match your search

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            Chatham Square by M/I Homes in Chicago Illinois
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            Chatham Square

            Community by M/I Homes

            26316 W Elizabeth Court
            Plainfield, IL 60585

            M/I Homes

            630-405-7828

            from $319,490 - $485,990

            9 homes match your search

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            Highland Woods Ranch Homes by Ryan Homes in Chicago Illinois
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            homes in Highland Woods Ranch Homes by Ryan Homes
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            Highland Woods Ranch Homes

            Community by Ryan Homes

            802 Bradbury Lane
            Elgin, IL 60124

            Ryan Homes

            888-294-8896

            from $299,990 - $385,990

            6 homes match your search

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            Meadow Square by M/I Homes in Chicago Illinois
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            Meadow Square

            Community by M/I Homes

            3204 Iris Avenue
            Rolling Meadows, IL 60008

            M/I Homes

            630-326-3274

            from $302,990 - $373,474

            6 homes match your search

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            Grande Reserve Ranch Homes by Ryan Homes in Chicago Illinois
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            Grande Reserve Ranch Homes

            Community by Ryan Homes

            4476 East Millbrook Circle
            Yorkville, IL 60560

            Ryan Homes

            888-512-7062

            from $247,990 - $299,990

            5 homes match your search

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            The Townes at Silo Bend by M/I Homes in Chicago Illinois
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            The Townes at Silo Bend

            Community by M/I Homes

            15253 W. 163rd
            Lockport, IL 60491

            M/I Homes

            630-457-4054

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            Heritage Groves at Grande Reserve by Ryan Homes in Chicago Illinois
            homes in Heritage Groves at Grande Reserve by Ryan Homes
            homes in Heritage Groves at Grande Reserve by Ryan Homes
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            Heritage Groves at Grande Reserve

            Community by Ryan Homes

            2093 Squire Circle
            Yorkville, IL 60560

            Ryan Homes

            888-501-2716

            from $368,990 - $420,990

            4 homes match your search

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

            Aspire at Ashley Pointe

            Community by K. Hovnanian® Homes

            2061 Wren Road
            Yorkville, IL 60560

            K. Hovnanian® Homes Read Reviews

            888-473-8402

            from $281,995 - $350,995

            10 homes match your search

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            Briargate by Pulte Homes in Chicago Illinois
            homes in Briargate by Pulte Homes
            homes in Briargate by Pulte Homes

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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

            from $292,990 - $390,975

            4 homes match your search

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            Lakewood Prairie by Lennar in Chicago Illinois
            homes in Lakewood Prairie by Lennar
            homes in Lakewood Prairie by Lennar
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            Lakewood Prairie

            Community by Lennar

            1215 Barberry Way
            Joliet, IL 60431

            Lennar Read Reviews

            224-306-1926

            from $304,990 - $377,990

            9 homes match your search

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            Hidden River by Pulte Homes in Chicago Illinois
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            Hidden River

            Community by Pulte Homes

            W Fraser Road and Hidden River Drive
            Plainfield, IL 60586

            Pulte Homes Read Reviews

            888-554-1495

            from $327,990 - $401,990

            6 homes match your search

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            Ponds of Stony Creek by Lennar in Chicago Illinois
            homes in Ponds of Stony Creek by Lennar
            homes in Ponds of Stony Creek by Lennar
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            Ponds of Stony Creek

            Community by Lennar

            1794 Coralito Lane
            Elgin, IL 60124

            Lennar Read Reviews

            224-293-0573

            from $387,490 - $484,330

            1 home matches your search

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            Prairie Ridge by Ryan Homes in Chicago Illinois
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            Prairie Ridge

            Community by Ryan Homes

            541 Wild Prairie Pointe
            Hampshire, IL 60140

            Ryan Homes

            888-244-4526

            from $278,990 - $321,990

            5 homes match your search

            Save Free brochure

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            New Home Cities in Chicago

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            CityCommunitiesAverage New Home Price
            Plainfield8$379,818
            Yorkville6$292,859
            Naperville6$649,863
            Elgin4$398,546
            Joliet4$301,596
            Lemont4$549,946
            Huntley3$348,628
            Crystal Lake3$334,647
            Montgomery3$308,865
            Manhattan3$256,180
            Aurora3$284,010
            Kildeer3$437,890

            New Homes in Chicago by Region

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            RegionCommunitiesAverage New Home Price
            Downtown Chicago 68$1,157,000
            North Chicago 10$425,000
            Northwest Chicago 3$477,000
            South Chicago 27$368,000
            Southwest Chicago 111$460,000

            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 has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the area. In fact, there are 411 communities and 248 builders in with homes starting at under $400K.

            How to Find Homes in For Less Than $400K?

            Many builders recognize there is growing demand in the area for homes under the $400K 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.