Bolingbrook, IL—60440
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Bolingbrook, IL
Home Price Trends — Bolingbrook, IL
As of Oct '25, the median home price in Bolingbrook, IL is $320,000, with a year-over-year change of 3.9%. This indicates that home prices in Bolingbrook, IL are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $320,000 | 3.9% |
| Single Family | $324,000 | 3.5% |
| Condos | $218,000 | 2.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $240,000 | 3.9% |
3 Bed | $301,000 | 4.2% |
4 Bed | $381,000 | 3.0% |
| 5 Bed | $389,000 | 2.9% |
% of Housing Stock
Rental Trends — Bolingbrook, IL
As of July '25, Rentcast reports the average rent in Bolingbrook, IL is $2,460, with a year-over-year rent change of 8.8%. Per bedroom, the median rent as of July '25 in Bolingbrook, IL is studios: $1,710, 1-bedrooms: $1,870, 2-bedrooms: $2,350, 3-bedrooms: $2,600, 4-bedrooms: $3,060. The most common rental property sizes in Bolingbrook, IL are 2-bedroom and 1-bedroom, accounting for 28.7% and 28.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,460 |
| Studio Rent | $1,700 | $1,710 |
| 1 Bed Rent | $1,870 | $1,870 |
| 2 Bed Rent | $2,340 | $2,350 |
| 3 Bed Rent | $2,630 | $2,600 |
| 4 Bed Rent | $2,900 | $3,060 |
% of Rental Stock
Property Listings — Bolingbrook, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Bolingbrook, IL is 37. This is a increase of 18.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $346,000 | 2.0% |
Listing Count | 132 | 30.0% |
| Listings as % of Homes | 0.4% | 30.0% |
Days on Market | 37 | 18.0% |
Demographics — Bolingbrook, IL
As of the latest ACS Survey released in 2023, Bolingbrook, IL has a population of 52,100, which has remained stable by -0.3% over the past 5 years. Bolingbrook, IL is a moderately popular place for families, as children make up 23.7% of the population. The area has a moderately educated workforce, with 31.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 52,100 | -0.3% |
% Under 18 | 23.7% | -6.0% |
% Seniors | 13.7% | 29.2% |
% WFH | 14.0% | 324.2% |
% w/ College Degree | 31.1% | 5.4% |
As of the latest ACS Survey released in 2023, Bolingbrook, IL is a predominantly white area, with 35.7% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Bolingbrook, IL is hispanic, making up 33.0% of the population. Foreign-born residents account for 22.9% of the population in Bolingbrook, IL, and this percentage has decreased by 1.3% 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 | 35.7% | -7.0% |
% Black | 19.0% | -9.1% |
% Hispanic | 33.0% | 12.6% |
% Asian | 10.1% | 24.7% |
% Foreign Born | 22.9% | -1.3% |
Mortgage and Risk — Bolingbrook, IL
According to HUD data as of 2023, there were 647 mortgage originations in Bolingbrook, IL, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Bolingbrook, 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 | 647 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Bolingbrook, IL
As of 2024, the percent of homes in Bolingbrook, IL under the Section 8 program is 14.1%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Bolingbrook, IL, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 640 |
Total Units Section 8 | 640 |
% Rentals under Section 8 | 14.1% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $1,870 | $1,780 |
| 2 Bedroom | -$330 | $2,340 | $2,010 |
| 3 Bedroom | -$50 | $2,630 | $2,580 |
| 4 Bedroom | $130 | $2,900 | $3,030 |
Affordability — Bolingbrook, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $320,000 |
| Median Household Income | $95,100 |