Great Lakes, IL—60088
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Great Lakes, IL
Great Lakes, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Great Lakes, IL
Great Lakes, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Great Lakes, IL
Great Lakes, IL lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Great Lakes, IL
As of the latest ACS Survey released in 2023, Great Lakes, IL has a population of 14,300, which has increased by 12.7% over the past 5 years. Great Lakes, IL is a less popular place for families, as children make up 9.4% of the population. The area has a poorly educated workforce, with 18.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,300 | 12.7% |
% Under 18 | 9.4% | 17.5% |
% Seniors | 0.7% | 16.7% |
% WFH | 27.4% | 54.8% |
% w/ College Degree | 18.4% | -39.1% |
As of the latest ACS Survey released in 2023, Great Lakes, IL is a predominantly white area, with 44.7% of the population identifying as white. The white population has shrunk by 22.1% in the last 5 years. The second most common race or ethnicity in Great Lakes, IL is hispanic, making up 26.3% of the population. Foreign-born residents account for 7.0% of the population in Great Lakes, IL, and this percentage has increased by 16.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 44.7% | -22.1% |
% Black | 18.6% | 24.0% |
% Hispanic | 26.3% | 56.5% |
% Asian | 5.3% | -7.0% |
% Foreign Born | 7.0% | 16.7% |
Mortgage and Risk — Great Lakes, IL
Great Lakes, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 0 |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Great Lakes, IL
Great Lakes, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,110 |
| 2 Bedroom | N/A | N/A | $2,380 |
| 3 Bedroom | N/A | N/A | $3,060 |
| 4 Bedroom | N/A | N/A | $3,590 |
Affordability — Great Lakes, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $62,600 |