Itasca, IL 60143 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Itasca, IL—60143

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$453,000

5.1% YoY Growth

Household Income

$112,000

21.3% YoY Growth

Days on Market

41.0% Shorter YoY

Home Price Forecast

0.6%

Median Rent

$2,290

2.4% YoY Growth

1-Bed Rent

$2,110

5.1% YoY Growth

2-Bed Rent

$2,610

3.5% YoY Growth

3-Bed Rent

$2,950

8.5% YoY Growth

Home Price Trends — Itasca, IL

As of May '26, the median home price in Itasca, IL is $453,000, with a year-over-year change of 5.1%. This indicates that home prices in Itasca, IL are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$453,000	5.1%
Single Family	$468,000	4.9%
Condos	$336,000	4.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Itasca, IL

As of July '25, Rentcast reports the average rent in Itasca, IL is $2,390, with a year-over-year rent change of -2.4%. Per bedroom, the median rent as of July '25 in Itasca, IL is studios: $1,920, 1-bedrooms: $2,040, 2-bedrooms: $2,470, 3-bedrooms: $3,070. The most common rental property sizes in Itasca, IL are 2-bedroom and 1-bedroom, accounting for 52.7% and 25.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,290	$2,390
Studio Rent	$1,870	$1,920
1 Bed Rent	$2,110	$2,040
2 Bed Rent	$2,610	$2,470
3 Bed Rent	$2,950	$3,070
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

8.7%

1 Bedroom

25.4%

2 Bedrooms

52.7%

3 Bedrooms

13.3%

Property Listings — Itasca, IL

As of May '26, Realtor.com reports that the median days on market for a home in Itasca, IL is 23. This is a decrease of -41.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$480,000	1.0%
Listing Count	20	-29.0%
Listings as % of Homes	0.5%	-29.0%
Days on Market	23	-41.0%

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Demographics — Itasca, IL

As of the latest ACS Survey released in 2023, Itasca, IL has a population of 11,800, which has increased by 7.3% over the past 5 years. Itasca, IL is a moderately popular place for families, as children make up 21.9% of the population. The area has a highly educated workforce, with 48.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,800	7.3%
% Under 18	21.9%	9.5%
% Seniors	15.3%	-27.1%
% WFH	19.8%	321.3%
% w/ College Degree	48.1%	29.0%

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As of the latest ACS Survey released in 2023, Itasca, IL is a predominantly white area, with 66.0% of the population identifying as white. The white population has shrunk by 17.2% in the last 5 years. The second most common race or ethnicity in Itasca, IL is hispanic, making up 16.1% of the population. Foreign-born residents account for 22.3% of the population in Itasca, IL, and this percentage has increased by 33.5% 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	66.0%	-17.2%
% Black	0.6%	-71.4%
% Hispanic	16.1%	35.3%
% Asian	12.9%	158.0%
% Foreign Born	22.3%	33.5%

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Mortgage and Risk — Itasca, IL

According to HUD data as of 2023, there were 136 mortgage originations in Itasca, IL, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Itasca, IL. Investor activity is low, as 4.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	136
% Conventional Loans	91.0%
% Government Loans	9.0%
% Investor Loans	4.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Itasca, IL

Itasca, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	13
Total Units Section 8	13
% Rentals under Section 8	0.8%
% Occupied Section 8	90.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$310	$2,110	$1,800
2 Bedroom	-$580	$2,610	$2,030
3 Bedroom	-$340	$2,950	$2,610
4 Bedroom	N/A	N/A	$3,060

Itasca, IL—60143

Key Metrics at a Glance

Home Price Trends — Itasca, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Itasca, IL

% of Rental Stock

Property Listings — Itasca, IL

Demographics — Itasca, IL

Race and Ethnicity

Mortgage and Risk — Itasca, IL

Mortgages

Rentals and Section 8 — Itasca, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Itasca, IL

Home Price to Income Ratio

Itasca, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Medinah, IL

Wood Dale, IL

Addison, IL

Elk Grove Village, IL

Roselle, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$453,000
Median Household Income	$112,000

Itasca, IL—60143

Key Metrics at a Glance

Home Price Trends — Itasca, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Itasca, IL

% of Rental Stock

Property Listings — Itasca, IL

Demographics — Itasca, IL

Race and Ethnicity

Mortgage and Risk — Itasca, IL

Mortgages

Rentals and Section 8 — Itasca, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Itasca, IL

Home Price to Income Ratio

Itasca, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Medinah, IL

Wood Dale, IL

Addison, IL

Elk Grove Village, IL

Roselle, IL

Frequently Asked Questions

What is the average home price in Itasca, IL 60143?

How have home prices in Itasca, IL 60143 changed over the past year?

What is the home price projection for Itasca, IL 60143?

What are the demographics of Itasca, IL 60143?

How long does it take homes to sell in Itasca, IL 60143?

What is the average rent price in Itasca, IL 60143?