Glencoe, IL 60022 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Glencoe, IL—60022

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$1,630,000

12.6% YoY Growth

Household Income

$250,000

19.1% YoY Growth

Days on Market

18.0% Shorter YoY

Home Price Forecast

1.5%

Median Rent

$1,850

27.8% YoY Growth

1-Bed Rent

$1,900

5.6% YoY Growth

2-Bed Rent

$1,800

14.4% YoY Growth

3-Bed Rent

$3,600

3.6% YoY Growth

Home Price Trends — Glencoe, IL

As of May '26, the median home price in Glencoe, IL is $1,630,000, with a year-over-year change of 12.6%. This indicates that home prices in Glencoe, IL are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$1,630,000	12.6%
Single Family	$1,683,000	12.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Glencoe, IL

As of July '25, Rentcast reports the average rent in Glencoe, IL is $2,620, with a year-over-year rent change of -27.8%. Per bedroom, the median rent as of July '25 in Glencoe, IL is studios: $1,680, 1-bedrooms: $2,070, 2-bedrooms: $1,900, 3-bedrooms: $4,840, 4-bedrooms: $7,100. The most common rental property sizes in Glencoe, IL are 3-bedroom and 4-bedroom, accounting for 48.6% and 25.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,850	$2,620
Studio Rent	$1,650	$1,680
1 Bed Rent	$1,900	$2,070
2 Bed Rent	$1,800	$1,900
3 Bed Rent	$3,600	$4,840
4 Bed Rent	$7,000	$7,100

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% of Rental Stock

Studio

15.5%

2 Bedrooms

3.7%

3 Bedrooms

48.6%

4 Bedrooms

25.3%

5+ Bedrooms

6.9%

Property Listings — Glencoe, IL

As of May '26, Realtor.com reports that the median days on market for a home in Glencoe, IL is 33. This is a decrease of -18.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$2,700,000	-16.0%
Listing Count	28	-5.0%
Listings as % of Homes	0.9%	-5.0%
Days on Market	33	-18.0%

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Demographics — Glencoe, IL

As of the latest ACS Survey released in 2023, Glencoe, IL has a population of 8,420, which has remained stable by -0.7% over the past 5 years. Glencoe, IL is a popular place for families, as children make up 27.9% of the population. The area has a highly educated workforce, with 88.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,420	-0.7%
% Under 18	27.9%	-4.5%
% Seniors	20.6%	20.5%
% WFH	27.7%	125.2%
% w/ College Degree	88.2%	2.8%

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As of the latest ACS Survey released in 2023, Glencoe, IL is a predominantly white area, with 92.8% of the population identifying as white. The white population has grown by 4.2% in the last 5 years. The second most common race or ethnicity in Glencoe, IL is black, making up 2.0% of the population. Foreign-born residents account for 5.5% of the population in Glencoe, IL, and this percentage has decreased by 48.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	92.8%	4.2%
% Black	2.0%	5.3%
% Hispanic	2.0%	-63.0%
% Asian	1.8%	-51.4%
% Foreign Born	5.5%	-48.1%

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Mortgage and Risk — Glencoe, IL

According to HUD data as of 2023, there were 136 mortgage originations in Glencoe, IL, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Glencoe, IL. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	136
% Conventional Loans	99.0%
% Government Loans	1.0%
% Investor Loans	1.0%
% Second Loans	4.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Glencoe, IL

As of 2024, the percent of homes in Glencoe, IL under the Section 8 program is 0.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Glencoe, IL, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	0.4%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$280	$1,900	$2,180
2 Bedroom	$660	$1,800	$2,460
3 Bedroom	-$440	$3,600	$3,160
4 Bedroom	-$3,280	$7,000	$3,720

Glencoe, IL—60022

Key Metrics at a Glance

Home Price Trends — Glencoe, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Glencoe, IL

% of Rental Stock

Property Listings — Glencoe, IL

Demographics — Glencoe, IL

Race and Ethnicity

Mortgage and Risk — Glencoe, IL

Mortgages

Rentals and Section 8 — Glencoe, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Glencoe, IL

Home Price to Income Ratio

Glencoe, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Winnetka, IL

Highland Park, IL

Kenilworth, IL

Wilmette, IL

Northbrook, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.9
Median Home Price	$1,630,000
Median Household Income	$250,000

Glencoe, IL—60022

Key Metrics at a Glance

Home Price Trends — Glencoe, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Glencoe, IL

% of Rental Stock

Property Listings — Glencoe, IL

Demographics — Glencoe, IL

Race and Ethnicity

Mortgage and Risk — Glencoe, IL

Mortgages

Rentals and Section 8 — Glencoe, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Glencoe, IL

Home Price to Income Ratio

Glencoe, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Winnetka, IL

Highland Park, IL

Kenilworth, IL

Wilmette, IL

Northbrook, IL

Frequently Asked Questions

What is the average home price in Glencoe, IL 60022?

How have home prices in Glencoe, IL 60022 changed over the past year?

What is the home price projection for Glencoe, IL 60022?

What are the demographics of Glencoe, IL 60022?

How long does it take homes to sell in Glencoe, IL 60022?

What is the average rent price in Glencoe, IL 60022?