Hillside, IL—60162
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hillside, IL
As of Oct '25, the median home price in Hillside, IL is $270,000, with a year-over-year change of 3.1%. This indicates that home prices in Hillside, IL are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $270,000 | 3.1% |
| Single Family | $281,000 | 3.7% |
| Condos | $159,000 | -0.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $244,000 | 5.2% |
3 Bed | $279,000 | 3.0% |
4 Bed | $327,000 | 3.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hillside, IL
As of July '25, Rentcast reports the average rent in Hillside, IL is $1,750, with a year-over-year rent change of -15.9%. Per bedroom, the median rent as of July '25 in Hillside, IL is 1-bedrooms: $1,440, 2-bedrooms: $1,800, 3-bedrooms: $2,900. The most common rental property sizes in Hillside, IL are 1-bedroom and 2-bedroom, accounting for 65.8% and 17.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,380 | $1,440 |
| 2 Bed Rent | $1,800 | $1,800 |
| 3 Bed Rent | $2,900 | $2,900 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hillside, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Hillside, IL is 17. This is a decrease of -63.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $270,000 | -27.0% |
Listing Count | 12 | -7.0% |
| Listings as % of Homes | 0.7% | -7.0% |
Days on Market | 17 | -63.0% |
Demographics — Hillside, IL
As of the latest ACS Survey released in 2023, Hillside, IL has a population of 8,130, which has remained stable by -0.4% over the past 5 years. Hillside, IL is a moderately popular place for families, as children make up 20.4% of the population. The area has a moderately educated workforce, with 26.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,130 | -0.4% |
% Under 18 | 20.4% | 20.0% |
% Seniors | 18.1% | 30.2% |
% WFH | 14.8% | 236.4% |
% w/ College Degree | 26.8% | 54.9% |
As of the latest ACS Survey released in 2023, Hillside, IL is a predominantly black area, with 45.4% of the population identifying as black. The black population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Hillside, IL is hispanic, making up 33.3% of the population. Foreign-born residents account for 24.1% of the population in Hillside, IL, and this percentage has increased by 100.8% 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 | 19.1% | -9.9% |
% Black | 45.4% | -3.6% |
% Hispanic | 33.3% | 5.0% |
% Asian | 1.5% | 200.0% |
% Foreign Born | 24.1% | 100.8% |
Mortgage and Risk — Hillside, IL
According to HUD data as of 2023, there were 153 mortgage originations in Hillside, IL, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Hillside, IL. Investor activity is low, as 0.0% 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 | 153 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Hillside, IL
Hillside, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 49 |
Total Units Section 8 | 49 |
% Rentals under Section 8 | 4.4% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $230 | $1,380 | $1,610 |
| 2 Bedroom | $20 | $1,800 | $1,820 |
| 3 Bedroom | -$560 | $2,900 | $2,340 |
| 4 Bedroom | N/A | N/A | $2,750 |
Affordability — Hillside, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $270,000 |
| Median Household Income | $70,800 |