West Chicago, Illinois Housing Market Prices
Updated
West Chicago 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 89% above the Illinois median$283,168
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Median rent 15% above the Illinois median$1,459
Housing Market Overview
| Metric | West Chicago | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $283,168 | $149,936 | $248,835 |
| Price Trend (Annual %) | 4.5% | 2.5% | 7.5% |
| Median Gross Rent | $1,459 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 4.0% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in West Chicago is about 89% higher than in Illinois. Rent is about 15% 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 West Chicago, up about 4.5% and 4.0% a year respectively. Home prices are changing faster.
Median rent in West Chicago rose about 50.0% between 2015 and 2024, from $973 to $1,459. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 3.0 yearly household incomes in West Chicago.
Buying the median-priced home in West Chicago costs roughly 16.2 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in West Chicago. The price-to-rent ratio in Illinois is about 9.8.
| Metric | West Chicago | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $283,168 | $149,936 | $248,835 |
| Median Household Income | $95,968 | $84,042 | $80,455 |
| Price-to-Income Ratio | 3.0 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in West Chicago rose about 36.9%, while median household income rose about 23.3% 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 | West Chicago | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 71.3% | 61.9% | 58.5% |
| Rental Rate | 24.4% | 30.4% | 31.2% |
| Vacancy Rate | 4.3% | 7.7% | 10.2% |
| Median Tenure (years) | 15.0 | 16.0 | 15.0 |
| Median Year Moved In | 2011 | 2010 | 2011 |
West Chicago has a homeownership rate of 71.3%, higher than the Illinois average of 61.9%. Its housing vacancy rate is 4.3%, compared with 7.7% in Illinois.
Housing Stock
| Metric | West Chicago | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.27 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1973 | 1969 | 1978 |
| Median Number of Rooms | 6.2 | 5.6 | 5.5 |
The typical housing unit in West Chicago was built around 1973. On average, 3.3 people live in a home with about 6.2 rooms, staying for about 15.0 years on average.
West Chicago, IL Housing Compared With Nearby Cities
How West Chicago, IL compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| West Chicago, IL | 21,065 | $283,168 #1/2 | $1,459 #2/2 | 74.5% #1/2 |
| St. Charles, IL | 31,856 | $162,898 | $1,806 | 69.8% |
Frequently Asked Questions
Common questions about the housing market in West Chicago, Illinois.
What is the median home price in West Chicago, Illinois?
The median home price in West Chicago, Illinois is $283,168, higher than the Illinois average of $149,936.
What is the average home price in West Chicago, Illinois?
The typical home price in West Chicago, Illinois, reported as the median sale price, is $283,168. 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 West Chicago, Illinois?
The median gross rent in West Chicago, Illinois is $1,459 per month, higher than the Illinois average of $1,274.
What was the median gross rent in West Chicago in 2020?
In 2020, the median gross rent in West Chicago, Illinois was $1,127 per month.
What is the price-to-rent ratio in West Chicago, Illinois?
The price-to-rent ratio in West Chicago, Illinois is about 16.2, meaning it would take roughly 16.2 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in West Chicago.
Are home prices or rent rising faster in West Chicago, Illinois?
Both home prices and rent are rising in West Chicago, up about 4.5% and 4.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in West Chicago, Illinois?
71.3% of households in West Chicago, Illinois own their home, higher than the Illinois average of 61.9%.
What is the vacancy rate in West Chicago, Illinois?
The housing vacancy rate in West Chicago, Illinois is 4.3%, lower than the Illinois average of 7.7%.
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