Lisle, Illinois Housing Market Prices
Updated
Lisle 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 291% above the Illinois median$585,767
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Median rent 30% above the Illinois median$1,662
Housing Market Overview
| Metric | Lisle | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $585,767 | $149,936 | $248,835 |
| Price Trend (Annual %) | 23.3% | 2.5% | 7.5% |
| Median Gross Rent | $1,662 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 4.4% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lisle is about 291% higher than in Illinois. Rent is about 30% 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 Lisle, up about 23.3% and 4.4% a year respectively. Home prices are changing faster.
Median rent in Lisle rose about 42.9% between 2015 and 2024, from $1,163 to $1,662. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 5.6 yearly household incomes in Lisle.
Buying the median-priced home in Lisle costs roughly 29.4 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 Lisle. The price-to-rent ratio in Illinois is about 9.8.
| Metric | Lisle | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $585,767 | $149,936 | $248,835 |
| Median Household Income | $104,405 | $84,042 | $80,455 |
| Price-to-Income Ratio | 5.6 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lisle rose about 242.8%, while median household income rose about 42.0% 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 | Lisle | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.8% | 61.9% | 58.5% |
| Rental Rate | 41.7% | 30.4% | 31.2% |
| Vacancy Rate | 4.6% | 7.7% | 10.2% |
| Median Tenure (years) | 12.0 | 16.0 | 15.0 |
| Median Year Moved In | 2014 | 2010 | 2011 |
Lisle has a homeownership rate of 53.8%, lower than the Illinois average of 61.9%. Its housing vacancy rate is 4.6%, compared with 7.7% in Illinois.
Housing Stock
| Metric | Lisle | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.19 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1981 | 1969 | 1978 |
| Median Number of Rooms | 4.8 | 5.6 | 5.5 |
The typical housing unit in Lisle was built around 1981. On average, 2.2 people live in a home with about 4.8 rooms, staying for about 12.0 years on average.
Lisle, IL Housing Compared With Nearby Cities
Lisle, IL is the smallest of the 4 cities compared here, 22,476 residents against a local median of 51,779. Lisle, IL's median home price, at $585,767, runs 66% above the $353,146 typical of the cities around it.
Homeownership tells the same story from another angle: 56.3% against a local median of 74.6%, 24% below it. The one measure here that carries a verdict is homeownership, and at 24% below the local median it puts Lisle, IL at the weaker end of the local range. The cities themselves spread $336,965 on median home price, so Lisle, IL sits at one end of an already wide local range rather than apart from it. Lisle, IL has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lisle, IL | 22,476 | $585,767 #1/4 | $1,662 #3/4 | 56.3% #4/4 |
| Wheaton, IL | 46,899 | $201,033 | $1,795 | 71.4% |
| Downers Grove, IL | 51,779 | $537,998 | $1,569 | 74.6% |
| Naperville, IL | 129,015 | $353,146 | $1,896 | 74.9% |
Frequently Asked Questions
Common questions about the housing market in Lisle, Illinois.
What is the median home price in Lisle, Illinois?
The median home price in Lisle, Illinois is $585,767, higher than the Illinois average of $149,936.
What is the average home price in Lisle, Illinois?
The typical home price in Lisle, Illinois, reported as the median sale price, is $585,767. 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 Lisle, Illinois?
The median gross rent in Lisle, Illinois is $1,662 per month, higher than the Illinois average of $1,274.
What was the median gross rent in Lisle in 2020?
In 2020, the median gross rent in Lisle, Illinois was $1,334 per month.
What is the price-to-rent ratio in Lisle, Illinois?
The price-to-rent ratio in Lisle, Illinois is about 29.4, meaning it would take roughly 29.4 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 Lisle.
Are home prices or rent rising faster in Lisle, Illinois?
Both home prices and rent are rising in Lisle, up about 23.3% and 4.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lisle, Illinois?
53.8% of households in Lisle, Illinois own their home, lower than the Illinois average of 61.9%.
What is the vacancy rate in Lisle, Illinois?
The housing vacancy rate in Lisle, Illinois is 4.6%, lower than the Illinois average of 7.7%.
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