Beecher, IL 60401 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Beecher, IL—60401

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$313,000

5.7% YoY Growth

Household Income

$92,300

35.6% YoY Growth

Days on Market

46.0% Longer YoY

Home Price Forecast

1.7%

Median Rent

$1,540

48.3% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,500

N/A

3-Bed Rent

$1,600

N/A

Home Price Trends — Beecher, IL

As of Dec '25, the median home price in Beecher, IL is $313,000, with a year-over-year change of 5.7%. This indicates that home prices in Beecher, IL are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$313,000	5.7%
Single Family	$315,000	5.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Beecher, IL

As of July '25, Rentcast reports the average rent in Beecher, IL is $1,550, with a year-over-year rent change of -48.3%. Per bedroom, the median rent as of July '25 in Beecher, IL is 2-bedrooms: $1,520, 3-bedrooms: $1,580. The most common rental property sizes in Beecher, IL are 2-bedroom and 1-bedroom, accounting for 39.9% and 30.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,540	$1,550
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,500	$1,520
3 Bed Rent	$1,600	$1,580
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

30.0%

2 Bedrooms

39.9%

3 Bedrooms

30.0%

Property Listings — Beecher, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Beecher, IL is 74. This is a increase of 90.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$348,000	3.0%
Listing Count	39	22.0%
Listings as % of Homes	0.6%	22.0%
Days on Market	61	46.0%

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Demographics — Beecher, IL

As of the latest ACS Survey released in 2023, Beecher, IL has a population of 7,580, which has decreased by -2.5% over the past 5 years. Beecher, IL is a moderately popular place for families, as children make up 22.6% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,580	-2.5%
% Under 18	22.6%	8.7%
% Seniors	17.6%	-7.9%
% WFH	6.6%	50.0%
% w/ College Degree	19.5%	3.2%

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As of the latest ACS Survey released in 2023, Beecher, IL is a predominantly white area, with 85.5% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Beecher, IL is hispanic, making up 8.8% of the population. Foreign-born residents account for 2.5% of the population in Beecher, IL, and this percentage has decreased by 7.4% 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	85.5%	-7.4%
% Black	3.4%	1,600.0%
% Hispanic	8.8%	29.4%
% Asian	1.6%	∞%
% Foreign Born	2.5%	-7.4%

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Mortgage and Risk — Beecher, IL

According to HUD data as of 2023, there were 105 mortgage originations in Beecher, IL, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Beecher, IL. Investor activity is low, as 1.0% 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	105
% Conventional Loans	71.0%
% Government Loans	29.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Beecher, IL

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

Section 8 Market Size

Total Units under HUD	2
Total Units Section 8	2
% Rentals under Section 8	0.5%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,230
2 Bedroom	-$110	$1,500	$1,390
3 Bedroom	$180	$1,600	$1,780
4 Bedroom	N/A	N/A	$2,090

Beecher, IL—60401

Key Metrics at a Glance

Home Price Trends — Beecher, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Beecher, IL

% of Rental Stock

Property Listings — Beecher, IL

Demographics — Beecher, IL

Race and Ethnicity

Mortgage and Risk — Beecher, IL

Mortgages

Rentals and Section 8 — Beecher, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Beecher, IL

Home Price to Income Ratio

Beecher, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Crete, IL

Grant Park, IL

Steger, IL

University Park, IL

Cedar Lake, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$313,000
Median Household Income	$92,300

Beecher, IL—60401

Key Metrics at a Glance

Home Price Trends — Beecher, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Beecher, IL

% of Rental Stock

Property Listings — Beecher, IL

Demographics — Beecher, IL

Race and Ethnicity

Mortgage and Risk — Beecher, IL

Mortgages

Rentals and Section 8 — Beecher, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Beecher, IL

Home Price to Income Ratio

Beecher, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Crete, IL

Grant Park, IL

Steger, IL

University Park, IL

Cedar Lake, IN

Frequently Asked Questions

What is the average home price in Beecher, IL 60401?

How have home prices in Beecher, IL 60401 changed over the past year?

What is the home price projection for Beecher, IL 60401?

What are the demographics of Beecher, IL 60401?

How long does it take homes to sell in Beecher, IL 60401?

What is the average rent price in Beecher, IL 60401?