Minooka, IL—60447
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Minooka, IL
As of Oct '25, the median home price in Minooka, IL is $360,000, with a year-over-year change of 3.8%. This indicates that home prices in Minooka, 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 | $360,000 | 3.8% |
| Single Family | $366,000 | 3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $244,000 | 4.3% |
3 Bed | $326,000 | 3.5% |
4 Bed | $395,000 | 1.5% |
| 5 Bed | $454,000 | 1.8% |
% of Housing Stock
Rental Trends — Minooka, IL
As of July '25, Rentcast reports the average rent in Minooka, IL is $2,260, with a year-over-year rent change of 1.3%. Per bedroom, the median rent as of July '25 in Minooka, IL is 2-bedrooms: $2,190, 3-bedrooms: $2,250, 4-bedrooms: $2,400. The most common rental property sizes in Minooka, IL are 3-bedroom and 1-bedroom, accounting for 51.6% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,260 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,980 | $2,190 |
| 3 Bed Rent | $2,000 | $2,250 |
| 4 Bed Rent | $2,400 | $2,400 |
% of Rental Stock
Property Listings — Minooka, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Minooka, IL is 43. This is a decrease of -3.0% 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 5.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $395,000 | 3.0% |
Listing Count | 43 | 46.0% |
| Listings as % of Homes | 0.3% | 46.0% |
Days on Market | 43 | -3.0% |
Demographics — Minooka, IL
As of the latest ACS Survey released in 2023, Minooka, IL has a population of 16,100, which has increased by 13.2% over the past 5 years. Minooka, IL is a popular place for families, as children make up 26.8% of the population. The area has a moderately educated workforce, with 26.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,100 | 13.2% |
% Under 18 | 26.8% | -14.9% |
% Seniors | 9.3% | -1.1% |
% WFH | 10.4% | 160.0% |
% w/ College Degree | 26.2% | -15.2% |
As of the latest ACS Survey released in 2023, Minooka, IL is a predominantly white area, with 76.6% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Minooka, IL is hispanic, making up 16.6% of the population. Foreign-born residents account for 5.0% of the population in Minooka, IL, and this percentage has increased by 4.2% 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 | 76.6% | -3.5% |
% Black | 3.7% | 85.0% |
% Hispanic | 16.6% | -1.2% |
% Asian | 0.2% | -77.8% |
% Foreign Born | 5.0% | 4.2% |
Mortgage and Risk — Minooka, IL
According to HUD data as of 2023, there were 199 mortgage originations in Minooka, IL, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Minooka, IL. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 199 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Minooka, IL
Minooka, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,520 |
| 2 Bedroom | -$30 | $1,980 | $1,950 |
| 3 Bedroom | $580 | $2,000 | $2,580 |
| 4 Bedroom | $270 | $2,400 | $2,670 |
Affordability — Minooka, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $360,000 |
| Median Household Income | $115,000 |