Lombard, IL 60148 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lombard, IL—60148

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$365,000

6.0% YoY Growth

Household Income

$96,600

18.5% YoY Growth

Days on Market

16.0% Shorter YoY

Home Price Forecast

1.8%

Median Rent

$2,220

0.8% YoY Growth

1-Bed Rent

$2,010

4.5% YoY Growth

2-Bed Rent

$2,470

4.4% YoY Growth

3-Bed Rent

$2,850

0.0% YoY Growth

Home Price Trends — Lombard, IL

As of Dec '25, the median home price in Lombard, IL is $365,000, with a year-over-year change of 6.0%. This indicates that home prices in Lombard, IL are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$365,000	6.0%
Single Family	$386,000	5.8%
Condos	$224,000	3.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lombard, IL

As of July '25, Rentcast reports the average rent in Lombard, IL is $2,380, with a year-over-year rent change of 0.8%. Per bedroom, the median rent as of July '25 in Lombard, IL is studios: $2,120, 1-bedrooms: $2,100, 2-bedrooms: $2,580, 3-bedrooms: $2,930, 4-bedrooms: $3,110. The most common rental property sizes in Lombard, IL are 2-bedroom and 1-bedroom, accounting for 42.6% and 37.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,220	$2,380
Studio Rent	$2,000	$2,120
1 Bed Rent	$2,010	$2,100
2 Bed Rent	$2,470	$2,580
3 Bed Rent	$2,850	$2,930
4 Bed Rent	$3,000	$3,110

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% of Rental Stock

Studio

2.9%

1 Bedroom

37.9%

2 Bedrooms

42.6%

3 Bedrooms

8.8%

4 Bedrooms

7.3%

5+ Bedrooms

0.4%

Property Listings — Lombard, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Lombard, IL is 32. This is a decrease of -11.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$412,000	9.0%
Listing Count	126	20.0%
Listings as % of Homes	0.5%	20.0%
Days on Market	42	-16.0%

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Demographics — Lombard, IL

As of the latest ACS Survey released in 2023, Lombard, IL has a population of 52,400, which has decreased by -1.1% over the past 5 years. Lombard, IL is a moderately popular place for families, as children make up 20.2% 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 18.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	52,400	-1.1%
% Under 18	20.2%	-4.7%
% Seniors	16.8%	9.1%
% WFH	18.3%	161.4%
% w/ College Degree	48.2%	5.7%

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As of the latest ACS Survey released in 2023, Lombard, IL is a predominantly white area, with 65.6% of the population identifying as white. The white population has shrunk by 6.8% in the last 5 years. The second most common race or ethnicity in Lombard, IL is hispanic, making up 13.4% of the population. Foreign-born residents account for 16.9% of the population in Lombard, IL, and this percentage has increased by 7.0% 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	65.6%	-6.8%
% Black	5.6%	12.0%
% Hispanic	13.4%	34.0%
% Asian	11.6%	-6.5%
% Foreign Born	16.9%	7.0%

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Mortgage and Risk — Lombard, IL

According to HUD data as of 2023, there were 855 mortgage originations in Lombard, IL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Lombard, IL. Investor activity is low, as 1.0% 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	855
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Lombard, IL

As of 2024, the percent of homes in Lombard, IL under the Section 8 program is 2.8%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Lombard, IL, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	186
Total Units Section 8	186
% Rentals under Section 8	2.8%
% Occupied Section 8	82.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$110	$2,010	$1,900
2 Bedroom	-$320	$2,470	$2,150
3 Bedroom	-$90	$2,850	$2,760
4 Bedroom	$240	$3,000	$3,240

Lombard, IL—60148

Key Metrics at a Glance

Home Price Trends — Lombard, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lombard, IL

% of Rental Stock

Property Listings — Lombard, IL

Demographics — Lombard, IL

Race and Ethnicity

Mortgage and Risk — Lombard, IL

Mortgages

Rentals and Section 8 — Lombard, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Lombard, IL

Home Price to Income Ratio

Lombard, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Villa Park, IL

Glen Ellyn, IL

Addison, IL

Downers Grove, IL

Glendale Heights, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$365,000
Median Household Income	$96,600

Lombard, IL—60148

Key Metrics at a Glance

Home Price Trends — Lombard, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lombard, IL

% of Rental Stock

Property Listings — Lombard, IL

Demographics — Lombard, IL

Race and Ethnicity

Mortgage and Risk — Lombard, IL

Mortgages

Rentals and Section 8 — Lombard, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Lombard, IL

Home Price to Income Ratio

Lombard, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Villa Park, IL

Glen Ellyn, IL

Addison, IL

Downers Grove, IL

Glendale Heights, IL

Frequently Asked Questions

What is the average home price in Lombard, IL 60148?

How have home prices in Lombard, IL 60148 changed over the past year?

What is the home price projection for Lombard, IL 60148?

What are the demographics of Lombard, IL 60148?

How long does it take homes to sell in Lombard, IL 60148?

What is the average rent price in Lombard, IL 60148?