New Homes in , IL Under $400k :: 437 Communities

, IL Homes Under $400K!

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            437 Communities

            Quick Move-In Hot Deals

            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

            10 homes match your search

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            Union Square Townhomes by Pearl Home Builders in Chicago Illinois
            homes in Union Square Townhomes by Pearl Home Builders
            homes in Union Square Townhomes by Pearl Home Builders
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            Union Square Townhomes

            Community by Pearl Home Builders

            17900 Oak Park Ave
            Tinley Park, IL 60477

            Pearl Home Builders

            888-224-7933

            from $275,000

            2 homes match your search

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            The Trails of Pheasant Ridge by Gerstad Builders in Chicago Illinois
            homes in The Trails of Pheasant Ridge by Gerstad Builders
            homes in The Trails of Pheasant Ridge by Gerstad Builders

            The Trails of Pheasant Ridge

            Community by Gerstad Builders

            11211 Thrush Creek Dr
            Richmond, IL 60071

            Gerstad Builders

            888-329-8944

            from $253,490 - $328,490

            8 homes match your search

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            Celebration by Bigelow Homes in Chicago Illinois
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            homes in Celebration by Bigelow Homes
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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

            8 homes match your search

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            Trails at Balmorea by Ryan Homes in Chicago Illinois
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            homes in Trails at Balmorea by Ryan Homes
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            Trails at Balmorea

            Community by Ryan Homes

            3479 Big Bend Drive
            Montgomery, IL 60538

            Ryan Homes

            866-746-3829

            from $286,990 - $310,990

            4 homes match your search

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            Buckingham Place by Ryan Homes in Chicago Illinois
            homes in Buckingham Place by Ryan Homes
            homes in Buckingham Place by Ryan Homes
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            Buckingham Place

            Community by Ryan Homes

            67 Nicholas Drive West
            Des Plaines, IL 60016

            Ryan Homes

            888-348-4080

            from $363,485 - $397,305

            3 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
            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

            6 homes match 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

            9 homes match your search

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            Rockwell Place by Ryan Homes in Chicago Illinois
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            Rockwell Place

            Community by Ryan Homes

            28219 Yosemite Ct
            Lakemoor, IL 60051

            Ryan Homes

            888-310-4834

            from $291,990 - $326,990

            4 homes match your search

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            Ashcroft Place by West Point Builders in Chicago Illinois
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            homes in Ashcroft Place by West Point Builders
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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

            20 homes match your search

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            Stonegate Duplex by Lennar in Chicago Illinois
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            homes in Stonegate Duplex by Lennar
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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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            Remington Pointe North - The Crossings by Lennar in Chicago Illinois
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            homes in Remington Pointe North - The Crossings by Lennar
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            Remington Pointe North - The Crossings

            Community by Lennar

            1556 Powderhorn Dr.
            Volo, IL 60020

            Lennar Read Reviews

            888-368-9821

            from $319,490 - $405,326

            5 homes match your search

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            Everton by M/I Homes in Chicago Illinois
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            homes in Everton by M/I Homes
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            Everton

            Community by M/I Homes

            29W702 Everton Drive
            Warrenville, IL 60555

            M/I Homes

            855-351-3489

            from $260,990 - $394,330

            11 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

            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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            Andare at Glenloch by Lennar in Chicago Illinois
            homes in Andare at Glenloch by Lennar
            homes in Andare at Glenloch by Lennar
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            Andare at Glenloch

            Community by Lennar

            9 Mahogany Court
            Algonquin, IL 60102

            Lennar Read Reviews

            888-482-3809

            from $262,490 - $326,520

            9 homes match your search

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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

            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 437 communities and 251 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.