Bartlett, IL—60103
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bartlett, IL
As of Oct '25, the median home price in Bartlett, IL is $419,000, with a year-over-year change of 3.5%. This indicates that home prices in Bartlett, IL are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $419,000 | 3.6% |
| Single Family | $435,000 | 3.8% |
| Condos | $280,000 | 1.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $307,000 | 2.7% |
3 Bed | $387,000 | 3.2% |
4 Bed | $497,000 | 4.2% |
| 5 Bed | $584,000 | 3.5% |
% of Housing Stock
Rental Trends — Bartlett, IL
As of July '25, Rentcast reports the average rent in Bartlett, IL is $2,390, with a year-over-year rent change of -4.8%. Per bedroom, the median rent as of July '25 in Bartlett, IL is 1-bedrooms: $1,680, 2-bedrooms: $2,140, 3-bedrooms: $2,490, 4-bedrooms: $3,510. The most common rental property sizes in Bartlett, IL are 2-bedroom and 1-bedroom, accounting for 45.1% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,150 | $2,390 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,360 | $1,680 |
| 2 Bed Rent | $2,050 | $2,140 |
| 3 Bed Rent | $2,250 | $2,490 |
| 4 Bed Rent | $3,500 | $3,510 |
% of Rental Stock
Property Listings — Bartlett, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Bartlett, IL is 38. This is a increase of 34.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $427,000 | 5.0% |
Listing Count | 108 | -2.0% |
| Listings as % of Homes | 0.3% | -2.0% |
Days on Market | 38 | 34.0% |
Demographics — Bartlett, IL
As of the latest ACS Survey released in 2023, Bartlett, IL has a population of 41,800, which has remained stable by -0.9% over the past 5 years. Bartlett, IL is a moderately popular place for families, as children make up 23.3% of the population. The area has a highly educated workforce, with 48.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,800 | -0.9% |
% Under 18 | 23.3% | -3.7% |
% Seniors | 15.4% | 31.6% |
% WFH | 18.0% | 200.0% |
% w/ College Degree | 48.2% | 9.5% |
As of the latest ACS Survey released in 2023, Bartlett, IL is a predominantly white area, with 61.3% of the population identifying as white. The white population has shrunk by 9.9% in the last 5 years. The second most common race or ethnicity in Bartlett, IL is asian, making up 17.6% of the population. Foreign-born residents account for 20.0% of the population in Bartlett, IL, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 61.3% | -9.9% |
% Black | 4.2% | 162.5% |
% Hispanic | 14.7% | 13.1% |
% Asian | 17.6% | 13.5% |
% Foreign Born | 20.0% | 0.0% |
Mortgage and Risk — Bartlett, IL
According to HUD data as of 2023, there were 604 mortgage originations in Bartlett, IL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Bartlett, IL. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 604 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Bartlett, IL
As of 2024, the percent of homes in Bartlett, IL under the Section 8 program is 4.1%. 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. In Bartlett, IL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 76 |
Total Units Section 8 | 76 |
% Rentals under Section 8 | 4.1% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $710 | $1,360 | $2,070 |
| 2 Bedroom | $290 | $2,050 | $2,340 |
| 3 Bedroom | $760 | $2,250 | $3,010 |
| 4 Bedroom | $30 | $3,500 | $3,530 |
Affordability — Bartlett, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $419,000 |
| Median Household Income | $132,000 |