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Hickory Hills, IL—60457

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$316,000
3.9% YoY Growth
Household Income
$85,400
28.5% YoY Growth
Days on Market
34
12.0% Shorter YoY
Home Price Forecast
1.5%
Median Rent
$1,680
8.2% YoY Growth
1-Bed Rent
$1,200
2.3% YoY Growth
2-Bed Rent
$1,750
10.1% YoY Growth
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Hickory Hills, IL

As of Dec '25, the median home price in Hickory Hills, IL is $316,000, with a year-over-year change of 3.9%. This indicates that home prices in Hickory Hills, IL are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$316,0003.9%
Single Family $339,0003.7%
Condos $203,000-3.3%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$213,0001.9%
    3 Bed
    		$321,0004.6%
    4 Bed
    		$386,0002.9%
    5 Bed $435,1492.7%
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    % of Housing Stock

    Studio
    0.9%
    1 Bedroom
    12.2%
    2 Bedrooms
    22.2%
    3 Bedrooms
    51.3%
    4 Bedrooms
    10.6%
    5+ Bedrooms
    2.7%

    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.

    TypeMedian RentAverage Rent
    Average Rent$1,680$1,680
    Studio Rent N/AN/A
    1 Bed Rent $1,200$1,330
    2 Bed Rent $1,750$1,850
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    2.5%
    1 Bedroom
    41.5%
    2 Bedrooms
    41.1%
    3 Bedrooms
    13.7%
    4 Bedrooms
    1.2%

    Property Listings — Hickory Hills, IL

    As of Dec '25, Realtor.com reports that the median days on market for a home in Hickory Hills, IL is 41. This is a increase of 9.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$377,000-1.0%
    Listing Count
    		28-15.0%
    Listings as % of Homes0.5%-15.0%
    Days on Market
    		34-12.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		14,7004.7%
    % Under 18
    		25.7%12.7%
    % Seniors
    		14.2%-8.4%
    % WFH
    		7.2%323.5%
    % w/ College Degree
    		25.5%1.6%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$30$1,200$1,230
    2 Bedroom-$360$1,750$1,390
    3 BedroomN/AN/A$1,790
    4 BedroomN/AN/A$2,100

    Affordability — Hickory Hills, IL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.2
    Median Home Price$316,000
    Median Household Income$85,400

    Hickory Hills, IL — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions