Hickory Hills, IL—60457
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hickory Hills, IL
As of Oct '25, the median home price in Hickory Hills, IL is $319,000, with a year-over-year change of 3.6%. This indicates that home prices in Hickory Hills, IL are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $319,000 | 3.6% |
| Single Family | $342,000 | 3.6% |
| Condos | $203,000 | -3.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $215,000 | 1.4% |
3 Bed | $324,000 | 4.5% |
4 Bed | $390,000 | 3.2% |
| 5 Bed | $440,000 | 2.6% |
% of Housing Stock
Rental Trends — Hickory Hills, IL
As of July '25, Rentcast reports the average rent in Hickory Hills, IL is $1,680, with a year-over-year rent change of -8.2%. Per bedroom, the median rent as of July '25 in Hickory Hills, IL is 1-bedrooms: $1,330, 2-bedrooms: $1,850. The most common rental property sizes in Hickory Hills, IL are 1-bedroom and 2-bedroom, accounting for 41.5% and 41.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,680 | $1,680 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,200 | $1,330 |
| 2 Bed Rent | $1,750 | $1,850 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hickory Hills, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Hickory Hills, IL is 38. This is a decrease of -7.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $368,000 | -10.0% |
Listing Count | 31 | 0.0% |
| Listings as % of Homes | 0.5% | 0.0% |
Days on Market | 38 | -7.0% |
Demographics — Hickory Hills, IL
As of the latest ACS Survey released in 2023, Hickory Hills, IL has a population of 14,700, which has increased by 4.7% over the past 5 years. Hickory Hills, IL is a popular place for families, as children make up 25.7% of the population. The area has a moderately educated workforce, with 25.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,700 | 4.7% |
% Under 18 | 25.7% | 12.7% |
% Seniors | 14.2% | -8.4% |
% WFH | 7.2% | 323.5% |
% w/ College Degree | 25.5% | 1.6% |
As of the latest ACS Survey released in 2023, Hickory Hills, IL is a predominantly white area, with 72.8% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Hickory Hills, IL is hispanic, making up 14.6% of the population. Foreign-born residents account for 31.9% of the population in Hickory Hills, IL, and this percentage has increased by 17.7% 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 | 72.8% | -5.9% |
% Black | 3.5% | 12.9% |
% Hispanic | 14.6% | -18.4% |
% Asian | 6.0% | 900.0% |
% Foreign Born | 31.9% | 17.7% |
Mortgage and Risk — Hickory Hills, IL
According to HUD data as of 2023, there were 95 mortgage originations in Hickory Hills, IL, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Hickory Hills, IL. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 95 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Hickory Hills, IL
Hickory Hills, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% 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 | $30 | $1,200 | $1,230 |
| 2 Bedroom | -$360 | $1,750 | $1,390 |
| 3 Bedroom | N/A | N/A | $1,790 |
| 4 Bedroom | N/A | N/A | $2,100 |
Affordability — Hickory Hills, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $319,000 |
| Median Household Income | $85,400 |