Streamwood, IL—60107
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Streamwood, IL
As of Oct '25, the median home price in Streamwood, IL is $317,000, with a year-over-year change of 2.7%. This indicates that home prices in Streamwood, IL are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $317,000 | 2.7% |
| Single Family | $324,000 | 2.5% |
| Condos | $265,000 | 1.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $192,000 | 0.5% |
2 Bed | $263,000 | 3.1% |
3 Bed | $319,000 | 2.9% |
4 Bed | $402,000 | 3.3% |
| 5 Bed | $419,000 | 2.4% |
% of Housing Stock
Rental Trends — Streamwood, IL
As of July '25, Rentcast reports the average rent in Streamwood, IL is $2,480, with a year-over-year rent change of 4.2%. Per bedroom, the median rent as of July '25 in Streamwood, IL is 1-bedrooms: $1,660, 2-bedrooms: $2,100, 3-bedrooms: $2,580, 4-bedrooms: $3,030. The most common rental property sizes in Streamwood, IL are 2-bedroom and 3-bedroom, accounting for 44.8% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,480 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,550 | $1,660 |
| 2 Bed Rent | $2,000 | $2,100 |
| 3 Bed Rent | $2,550 | $2,580 |
| 4 Bed Rent | $2,850 | $3,030 |
% of Rental Stock
Property Listings — Streamwood, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Streamwood, IL is 25. This is a increase of 13.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $329,000 | 0.0% |
Listing Count | 105 | 5.0% |
| Listings as % of Homes | 0.4% | 5.0% |
Days on Market | 25 | 13.0% |
Demographics — Streamwood, IL
As of the latest ACS Survey released in 2023, Streamwood, IL has a population of 39,000, which has decreased by -3.6% over the past 5 years. Streamwood, IL is a moderately popular place for families, as children make up 22.3% of the population. The area has a moderately educated workforce, with 29.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,000 | -3.6% |
% Under 18 | 22.3% | 0.5% |
% Seniors | 14.7% | 32.4% |
% WFH | 11.0% | 243.8% |
% w/ College Degree | 29.3% | 9.7% |
As of the latest ACS Survey released in 2023, Streamwood, IL is a predominantly white area, with 39.3% of the population identifying as white. The white population has shrunk by 16.4% in the last 5 years. The second most common race or ethnicity in Streamwood, IL is hispanic, making up 38.7% of the population. Foreign-born residents account for 33.2% of the population in Streamwood, IL, and this percentage has increased by 12.2% 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 | 39.3% | -16.4% |
% Black | 3.8% | -11.6% |
% Hispanic | 38.7% | 12.5% |
% Asian | 14.3% | 14.4% |
% Foreign Born | 33.2% | 12.2% |
Mortgage and Risk — Streamwood, IL
According to HUD data as of 2023, there were 714 mortgage originations in Streamwood, IL, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Streamwood, IL. Investor activity is low, as 2.0% 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 | 714 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Streamwood, IL
As of 2024, the percent of homes in Streamwood, IL under the Section 8 program is 18.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Streamwood, 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 | 273 |
Total Units Section 8 | 273 |
% Rentals under Section 8 | 18.9% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $560 | $1,550 | $2,110 |
| 2 Bedroom | $380 | $2,000 | $2,380 |
| 3 Bedroom | $510 | $2,550 | $3,060 |
| 4 Bedroom | $740 | $2,850 | $3,590 |
Affordability — Streamwood, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $317,000 |
| Median Household Income | $101,000 |