Wood Dale, IL 60191 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Wood Dale, IL—60191

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$342,000

5.0% YoY Growth

Household Income

$90,300

35.4% YoY Growth

Days on Market

36.0% Shorter YoY

Home Price Forecast

1.6%

Median Rent

$2,400

5.8% YoY Growth

1-Bed Rent

$800

N/A

2-Bed Rent

$1,900

2.0% YoY Growth

3-Bed Rent

$2,800

9.2% YoY Growth

Home Price Trends — Wood Dale, IL

As of Dec '25, the median home price in Wood Dale, IL is $342,000, with a year-over-year change of 5.0%. This indicates that home prices in Wood Dale, 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	$342,000	5.0%
Single Family	$363,000	5.2%
Condos	$268,000	6.8%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Wood Dale, IL

As of July '25, Rentcast reports the average rent in Wood Dale, IL is $2,290, with a year-over-year rent change of -5.8%. Per bedroom, the median rent as of July '25 in Wood Dale, IL is 1-bedrooms: $950, 2-bedrooms: $2,000, 3-bedrooms: $2,860, 4-bedrooms: $3,000. The most common rental property sizes in Wood Dale, IL are 2-bedroom and 3-bedroom, accounting for 57.8% and 24.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,400	$2,290
Studio Rent	N/A	N/A
1 Bed Rent	$800	$950
2 Bed Rent	$1,900	$2,000
3 Bed Rent	$2,800	$2,860
4 Bed Rent	$3,000	$3,000

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% of Rental Stock

Studio

3.9%

1 Bedroom

12.7%

2 Bedrooms

57.8%

3 Bedrooms

24.4%

4 Bedrooms

0.7%

5+ Bedrooms

0.4%

Property Listings — Wood Dale, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Wood Dale, IL is 33. This is a decrease of -18.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$300,000	0.0%
Listing Count	37	-7.0%
Listings as % of Homes	0.4%	-7.0%
Days on Market	40	-36.0%

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Demographics — Wood Dale, IL

As of the latest ACS Survey released in 2023, Wood Dale, IL has a population of 14,400, which has increased by 1.7% over the past 5 years. Wood Dale, 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 25.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	14,400	1.7%
% Under 18	20.4%	3.0%
% Seniors	19.2%	25.5%
% WFH	10.7%	137.8%
% w/ College Degree	25.1%	-0.8%

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As of the latest ACS Survey released in 2023, Wood Dale, IL is a predominantly white area, with 62.3% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Wood Dale, IL is hispanic, making up 29.0% of the population. Foreign-born residents account for 27.2% of the population in Wood Dale, IL, and this percentage has increased by 2.6% 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	62.3%	-6.7%
% Black	3.1%	93.8%
% Hispanic	29.0%	23.4%
% Asian	4.5%	-33.8%
% Foreign Born	27.2%	2.6%

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Mortgage and Risk — Wood Dale, IL

According to HUD data as of 2023, there were 237 mortgage originations in Wood Dale, IL, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Wood Dale, IL. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	237
% Conventional Loans	92.0%
% Government Loans	8.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Wood Dale, IL

As of 2024, the percent of homes in Wood Dale, IL under the Section 8 program is 1.4%. 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 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Wood Dale, IL, because HUD payments exceed market rent, while 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	16
Total Units Section 8	16
% Rentals under Section 8	1.4%
% Occupied Section 8	90.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$1,050	$800	$1,850
2 Bedroom	$190	$1,900	$2,090
3 Bedroom	-$120	$2,800	$2,680
4 Bedroom	$150	$3,000	$3,150

Wood Dale, IL—60191

Key Metrics at a Glance

Home Price Trends — Wood Dale, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wood Dale, IL

% of Rental Stock

Property Listings — Wood Dale, IL

Demographics — Wood Dale, IL

Race and Ethnicity

Mortgage and Risk — Wood Dale, IL

Mortgages

Rentals and Section 8 — Wood Dale, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Wood Dale, IL

Home Price to Income Ratio

Wood Dale, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Bensenville, IL

Itasca, IL

Addison, IL

Elk Grove Village, IL

Medinah, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$342,000
Median Household Income	$90,300

Wood Dale, IL—60191

Key Metrics at a Glance

Home Price Trends — Wood Dale, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wood Dale, IL

% of Rental Stock

Property Listings — Wood Dale, IL

Demographics — Wood Dale, IL

Race and Ethnicity

Mortgage and Risk — Wood Dale, IL

Mortgages

Rentals and Section 8 — Wood Dale, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Wood Dale, IL

Home Price to Income Ratio

Wood Dale, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Bensenville, IL

Itasca, IL

Addison, IL

Elk Grove Village, IL

Medinah, IL

Frequently Asked Questions

What is the average home price in Wood Dale, IL 60191?

How have home prices in Wood Dale, IL 60191 changed over the past year?

What is the home price projection for Wood Dale, IL 60191?

What are the demographics of Wood Dale, IL 60191?

How long does it take homes to sell in Wood Dale, IL 60191?

What is the average rent price in Wood Dale, IL 60191?