Bartlett, Illinois Housing Market Prices
Updated
Bartlett Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 268% above the Illinois median$551,242
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Median rent 47% above the Illinois median$1,870
Housing Market Overview
| Metric | Bartlett | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $551,242 | $149,936 | $248,835 |
| Price Trend (Annual %) | 14.1% | 2.5% | 7.5% |
| Median Gross Rent | $1,870 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bartlett is about 268% higher than in Illinois. Rent is about 47% higher than the Illinois average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Bartlett, up about 14.1% and 4.1% a year respectively. Home prices are changing faster.
Median rent in Bartlett rose about 39.7% between 2015 and 2024, from $1,339 to $1,870. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 4.3 yearly household incomes in Bartlett.
Buying the median-priced home in Bartlett costs roughly 24.6 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Bartlett. The price-to-rent ratio in Illinois is about 9.8.
| Metric | Bartlett | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $551,242 | $149,936 | $248,835 |
| Median Household Income | $126,830 | $84,042 | $80,455 |
| Price-to-Income Ratio | 4.3 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bartlett rose about 173.9%, while median household income rose about 41.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Bartlett | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 87.8% | 61.9% | 58.5% |
| Rental Rate | 9.8% | 30.4% | 31.2% |
| Vacancy Rate | 2.4% | 7.7% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Bartlett has a homeownership rate of 87.8%, higher than the Illinois average of 61.9%. Its housing vacancy rate is 2.4%, compared with 7.7% in Illinois.
Housing Stock
| Metric | Bartlett | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.84 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1988 | 1969 | 1978 |
| Median Number of Rooms | 6.8 | 5.6 | 5.5 |
The typical housing unit in Bartlett was built around 1988. On average, 2.8 people live in a home with about 6.8 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Bartlett, Illinois.
What is the median home price in Bartlett, Illinois?
The median home price in Bartlett, Illinois is $551,242, higher than the Illinois average of $149,936.
What is the average home price in Bartlett, Illinois?
The typical home price in Bartlett, Illinois, reported as the median sale price, is $551,242. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Bartlett, Illinois?
The median gross rent in Bartlett, Illinois is $1,870 per month, higher than the Illinois average of $1,274.
What was the median gross rent in Bartlett in 2020?
In 2020, the median gross rent in Bartlett, Illinois was $1,625 per month.
What is the price-to-rent ratio in Bartlett, Illinois?
The price-to-rent ratio in Bartlett, Illinois is about 24.6, meaning it would take roughly 24.6 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Bartlett.
Are home prices or rent rising faster in Bartlett, Illinois?
Both home prices and rent are rising in Bartlett, up about 14.1% and 4.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Bartlett, Illinois?
87.8% of households in Bartlett, Illinois own their home, higher than the Illinois average of 61.9%.
What is the vacancy rate in Bartlett, Illinois?
The housing vacancy rate in Bartlett, Illinois is 2.4%, lower than the Illinois average of 7.7%.
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