Broadview, IL 60155 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Broadview, IL—60155

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$255,000

3.4% YoY Growth

Household Income

$59,700

21.2% YoY Growth

Days on Market

52.0% Longer YoY

Home Price Forecast

1.6%

Median Rent

$1,300

25.0% YoY Growth

1-Bed Rent

$1,220

10.0% YoY Growth

2-Bed Rent

$1,800

35.7% YoY Growth

3-Bed Rent

$2,800

28.8% YoY Growth

Home Price Trends — Broadview, IL

As of Dec '25, the median home price in Broadview, IL is $255,000, with a year-over-year change of 3.4%. This indicates that home prices in Broadview, IL are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$255,000	3.4%
Single Family	$257,000	3.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Broadview, IL

As of July '25, Rentcast reports the average rent in Broadview, IL is $1,650, with a year-over-year rent change of 25.0%. Per bedroom, the median rent as of July '25 in Broadview, IL is studios: $1,150, 1-bedrooms: $1,210, 2-bedrooms: $1,750, 3-bedrooms: $2,860. The most common rental property sizes in Broadview, IL are 2-bedroom and 1-bedroom, accounting for 48.8% and 45.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,300	$1,650
Studio Rent	$1,150	$1,150
1 Bed Rent	$1,220	$1,210
2 Bed Rent	$1,800	$1,750
3 Bed Rent	$2,800	$2,860
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

45.8%

2 Bedrooms

48.8%

3 Bedrooms

5.4%

Property Listings — Broadview, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Broadview, IL is 51. This is a increase of 14.0% 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	$277,000	14.0%
Listing Count	18	23.0%
Listings as % of Homes	0.7%	23.0%
Days on Market	62	52.0%

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Demographics — Broadview, IL

As of the latest ACS Survey released in 2023, Broadview, IL has a population of 7,910, which has remained stable by 1.0% over the past 5 years. Broadview, IL is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 15.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,910	1.0%
% Under 18	23.2%	26.8%
% Seniors	20.3%	6.8%
% WFH	5.6%	33.3%
% w/ College Degree	15.0%	-20.2%

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As of the latest ACS Survey released in 2023, Broadview, IL is a predominantly black area, with 63.3% of the population identifying as black. The black population has shrunk by 15.1% in the last 5 years. The second most common race or ethnicity in Broadview, IL is hispanic, making up 21.2% of the population. Foreign-born residents account for 11.1% of the population in Broadview, IL, and this percentage has increased by 126.5% 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	10.7%	-28.2%
% Black	63.3%	-15.1%
% Hispanic	21.2%	523.5%
% Asian	1.9%	-36.7%
% Foreign Born	11.1%	126.5%

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Mortgage and Risk — Broadview, IL

According to HUD data as of 2023, there were 139 mortgage originations in Broadview, IL, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Broadview, IL. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	139
% Conventional Loans	70.0%
% Government Loans	30.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Broadview, IL

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

Section 8 Market Size

Total Units under HUD	77
Total Units Section 8	77
% Rentals under Section 8	7.3%
% Occupied Section 8	91.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$20	$1,220	$1,240
2 Bedroom	-$400	$1,800	$1,400
3 Bedroom	-$1,000	$2,800	$1,800
4 Bedroom	N/A	N/A	$2,110

Broadview, IL—60155

Key Metrics at a Glance

Home Price Trends — Broadview, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Broadview, IL

% of Rental Stock

Property Listings — Broadview, IL

Demographics — Broadview, IL

Race and Ethnicity

Mortgage and Risk — Broadview, IL

Mortgages

Rentals and Section 8 — Broadview, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Broadview, IL

Home Price to Income Ratio

Broadview, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Hines, IL

Maywood, IL

Bellwood, IL

Brookfield, IL

Westchester, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$255,000
Median Household Income	$59,700

Broadview, IL—60155

Key Metrics at a Glance

Home Price Trends — Broadview, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Broadview, IL

% of Rental Stock

Property Listings — Broadview, IL

Demographics — Broadview, IL

Race and Ethnicity

Mortgage and Risk — Broadview, IL

Mortgages

Rentals and Section 8 — Broadview, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Broadview, IL

Home Price to Income Ratio

Broadview, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Hines, IL

Maywood, IL

Bellwood, IL

Brookfield, IL

Westchester, IL

Frequently Asked Questions

What is the average home price in Broadview, IL 60155?

How have home prices in Broadview, IL 60155 changed over the past year?

What is the home price projection for Broadview, IL 60155?

What are the demographics of Broadview, IL 60155?

How long does it take homes to sell in Broadview, IL 60155?

What is the average rent price in Broadview, IL 60155?