Medinah, IL 60157 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Medinah, IL—60157

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$498,000

5.9% YoY Growth

Household Income

$118,000

12.0% YoY Growth

Days on Market

52.0% Longer YoY

Home Price Forecast

1.6%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Medinah, IL

As of Dec '25, the median home price in Medinah, IL is $498,000, with a year-over-year change of 5.9%. This indicates that home prices in Medinah, 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	$498,000	5.9%
Single Family	$499,000	5.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Medinah, IL

Medinah, IL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

4 Bedrooms

100.0%

Property Listings — Medinah, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Medinah, IL is 62. This is a increase of 9.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$534,000	1.0%
Listing Count	8	85.0%
Listings as % of Homes	0.2%	85.0%
Days on Market	79	52.0%

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Demographics — Medinah, IL

As of the latest ACS Survey released in 2023, Medinah, IL has a population of 2,380, which has decreased by -5.0% over the past 5 years. Medinah, IL is a less popular place for families, as children make up 13.7% of the population. The area has a moderately educated workforce, with 36.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,380	-5.0%
% Under 18	13.7%	-35.4%
% Seniors	24.9%	33.9%
% WFH	15.9%	87.1%
% w/ College Degree	36.4%	-12.1%

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As of the latest ACS Survey released in 2023, Medinah, IL is a predominantly white area, with 91.6% of the population identifying as white. The white population has grown by 2.3% in the last 5 years. The second most common race or ethnicity in Medinah, IL is asian, making up 3.8% of the population. Foreign-born residents account for 16.4% of the population in Medinah, IL, and this percentage has decreased by 5.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	91.6%	2.3%
% Black	0.0%	-100.0%
% Hispanic	2.2%	∞%
% Asian	3.8%	-61.2%
% Foreign Born	16.4%	-5.7%

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Mortgage and Risk — Medinah, IL

According to HUD data as of 2023, there were 40 mortgage originations in Medinah, IL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Medinah, IL. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	40
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Medinah, IL

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

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,810
2 Bedroom	N/A	N/A	$2,040
3 Bedroom	N/A	N/A	$2,620
4 Bedroom	N/A	N/A	$3,070

Medinah, IL—60157

Key Metrics at a Glance

Home Price Trends — Medinah, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Medinah, IL

% of Rental Stock

Property Listings — Medinah, IL

Demographics — Medinah, IL

Race and Ethnicity

Mortgage and Risk — Medinah, IL

Mortgages

Rentals and Section 8 — Medinah, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Medinah, IL

Home Price to Income Ratio

Medinah, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Itasca, IL

Roselle, IL

Bloomingdale, IL

Schaumburg, IL

Glendale Heights, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.5
Median Home Price	$498,000
Median Household Income	$118,000

Medinah, IL—60157

Key Metrics at a Glance

Home Price Trends — Medinah, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Medinah, IL

% of Rental Stock

Property Listings — Medinah, IL

Demographics — Medinah, IL

Race and Ethnicity

Mortgage and Risk — Medinah, IL

Mortgages

Rentals and Section 8 — Medinah, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Medinah, IL

Home Price to Income Ratio

Medinah, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Itasca, IL

Roselle, IL

Bloomingdale, IL

Schaumburg, IL

Glendale Heights, IL

Frequently Asked Questions

What is the average home price in Medinah, IL 60157?

How have home prices in Medinah, IL 60157 changed over the past year?

What is the home price projection for Medinah, IL 60157?

What are the demographics of Medinah, IL 60157?

How long does it take homes to sell in Medinah, IL 60157?

What is the average rent price in Medinah, IL 60157?