Villa Park, IL—60181
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Villa Park, IL
As of Oct '25, the median home price in Villa Park, IL is $346,000, with a year-over-year change of 6.0%. This indicates that home prices in Villa Park, 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 | $346,000 | 6.0% |
| Single Family | $349,000 | 6.1% |
| Condos | $260,000 | 5.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $188,000 | 5.0% |
2 Bed | $278,000 | 5.3% |
3 Bed | $359,000 | 6.2% |
4 Bed | $426,000 | 5.2% |
| 5 Bed | $503,000 | 4.6% |
% of Housing Stock
Rental Trends — Villa Park, IL
As of July '25, Rentcast reports the average rent in Villa Park, IL is $2,280, with a year-over-year rent change of -6.2%. Per bedroom, the median rent as of July '25 in Villa Park, IL is studios: $1,600, 1-bedrooms: $2,000, 2-bedrooms: $2,460, 3-bedrooms: $2,790. The most common rental property sizes in Villa Park, IL are 1-bedroom and 2-bedroom, accounting for 32.6% and 32.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,280 | $2,280 |
| Studio Rent | $1,620 | $1,600 |
| 1 Bed Rent | $1,910 | $2,000 |
| 2 Bed Rent | $2,460 | $2,460 |
| 3 Bed Rent | $2,800 | $2,790 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Villa Park, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Villa Park, IL is 29. This is a increase of 22.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $380,000 | 2.0% |
Listing Count | 41 | -18.0% |
| Listings as % of Homes | 0.4% | -18.0% |
Days on Market | 29 | 22.0% |
Demographics — Villa Park, IL
As of the latest ACS Survey released in 2023, Villa Park, IL has a population of 30,200, which has increased by 5.0% over the past 5 years. Villa Park, IL is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 37.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,200 | 5.0% |
% Under 18 | 20.7% | -9.6% |
% Seniors | 15.2% | 14.3% |
% WFH | 20.3% | 244.1% |
% w/ College Degree | 37.9% | 5.6% |
As of the latest ACS Survey released in 2023, Villa Park, IL is a predominantly white area, with 59.4% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Villa Park, IL is hispanic, making up 24.8% of the population. Foreign-born residents account for 16.9% of the population in Villa Park, IL, and this percentage has decreased by 10.6% 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 | 59.4% | -2.1% |
% Black | 6.0% | 13.2% |
% Hispanic | 24.8% | 10.2% |
% Asian | 5.5% | -41.5% |
% Foreign Born | 16.9% | -10.6% |
Mortgage and Risk — Villa Park, IL
According to HUD data as of 2023, there were 379 mortgage originations in Villa Park, IL, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Villa Park, IL. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 379 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Villa Park, IL
Villa Park, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 95 |
Total Units Section 8 | 95 |
% Rentals under Section 8 | 2.9% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$170 | $1,910 | $1,740 |
| 2 Bedroom | -$490 | $2,460 | $1,970 |
| 3 Bedroom | -$270 | $2,800 | $2,530 |
| 4 Bedroom | N/A | N/A | $2,970 |
Affordability — Villa Park, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $346,000 |
| Median Household Income | $90,400 |