Sycamore, IL 60178 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Sycamore, IL—60178

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$321,000

4.0% YoY Growth

Household Income

$88,300

20.1% YoY Growth

Days on Market

31.0% Longer YoY

Home Price Forecast

0.6%

Median Rent

$1,500

15.6% YoY Growth

1-Bed Rent

$1,030

23.3% YoY Growth

2-Bed Rent

$1,750

1.8% YoY Growth

3-Bed Rent

$2,400

3.2% YoY Growth

Home Price Trends — Sycamore, IL

As of May '26, the median home price in Sycamore, IL is $321,000, with a year-over-year change of 4.0%. This indicates that home prices in Sycamore, 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	$321,000	4.0%
Single Family	$345,000	3.6%
Condos	$212,000	1.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Sycamore, IL

As of July '25, Rentcast reports the average rent in Sycamore, IL is $1,520, with a year-over-year rent change of -15.6%. Per bedroom, the median rent as of July '25 in Sycamore, IL is 1-bedrooms: $1,190, 2-bedrooms: $1,600, 3-bedrooms: $2,400, 4-bedrooms: $2,200. The most common rental property sizes in Sycamore, IL are 2-bedroom and 1-bedroom, accounting for 57.4% and 28.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,520
Studio Rent	N/A	N/A
1 Bed Rent	$1,030	$1,190
2 Bed Rent	$1,750	$1,600
3 Bed Rent	$2,400	$2,400
4 Bed Rent	$2,200	$2,200

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% of Rental Stock

Studio

1.6%

1 Bedroom

28.8%

2 Bedrooms

57.4%

3 Bedrooms

11.0%

4 Bedrooms

1.2%

Property Listings — Sycamore, IL

As of May '26, Realtor.com reports that the median days on market for a home in Sycamore, IL is 59. This is a increase of 31.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$480,000	24.0%
Listing Count	93	18.0%
Listings as % of Homes	0.6%	18.0%
Days on Market	59	31.0%

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Demographics — Sycamore, IL

As of the latest ACS Survey released in 2023, Sycamore, IL has a population of 21,700, which has decreased by -3.1% over the past 5 years. Sycamore, IL is a moderately popular place for families, as children make up 23.4% of the population. The area has a moderately educated workforce, with 44.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	21,700	-3.1%
% Under 18	23.4%	-4.9%
% Seniors	15.4%	6.2%
% WFH	12.1%	105.1%
% w/ College Degree	44.4%	15.6%

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As of the latest ACS Survey released in 2023, Sycamore, IL is a predominantly white area, with 86.0% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Sycamore, IL is hispanic, making up 8.6% of the population. Foreign-born residents account for 4.7% of the population in Sycamore, IL, and this percentage has increased by 17.5% 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	86.0%	-0.5%
% Black	3.1%	-3.1%
% Hispanic	8.6%	17.8%
% Asian	0.8%	-60.0%
% Foreign Born	4.7%	17.5%

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Mortgage and Risk — Sycamore, IL

According to HUD data as of 2023, there were 436 mortgage originations in Sycamore, IL, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Sycamore, IL. Investor activity is low, as 4.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	436
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	4.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Sycamore, IL

As of 2024, the percent of homes in Sycamore, IL under the Section 8 program is 2.6%. 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. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Sycamore, IL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	160
Total Units Section 8	61
% Rentals under Section 8	2.6%
% Occupied Section 8	100.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$50	$1,030	$1,080
2 Bedroom	-$340	$1,750	$1,410
3 Bedroom	-$480	$2,400	$1,920
4 Bedroom	$170	$2,200	$2,370

Sycamore, IL—60178

Key Metrics at a Glance

Home Price Trends — Sycamore, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sycamore, IL

% of Rental Stock

Property Listings — Sycamore, IL

Demographics — Sycamore, IL

Race and Ethnicity

Mortgage and Risk — Sycamore, IL

Mortgages

Rentals and Section 8 — Sycamore, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Sycamore, IL

Home Price to Income Ratio

Sycamore, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Dekalb, IL

Burlington

Genoa, IL

Dekalb, IL

Kingston, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$321,000
Median Household Income	$88,300

Sycamore, IL—60178

Key Metrics at a Glance

Home Price Trends — Sycamore, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sycamore, IL

% of Rental Stock

Property Listings — Sycamore, IL

Demographics — Sycamore, IL

Race and Ethnicity

Mortgage and Risk — Sycamore, IL

Mortgages

Rentals and Section 8 — Sycamore, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Sycamore, IL

Home Price to Income Ratio

Sycamore, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Dekalb, IL

Burlington

Genoa, IL

Dekalb, IL

Kingston, IL

Frequently Asked Questions

What is the average home price in Sycamore, IL 60178?

How have home prices in Sycamore, IL 60178 changed over the past year?

What is the home price projection for Sycamore, IL 60178?

What are the demographics of Sycamore, IL 60178?

How long does it take homes to sell in Sycamore, IL 60178?

What is the average rent price in Sycamore, IL 60178?