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Justice, IL—60458

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$296,000
3.8% YoY Growth
Household Income
$59,400
18.0% YoY Growth
Days on Market
30
10.0% Shorter YoY
Home Price Forecast
0.7%
Median Rent
$1,580
16.5% YoY Growth
1-Bed Rent
$1,060
29.3% YoY Growth
2-Bed Rent
$1,600
6.4% YoY Growth
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Justice, IL

As of May '26, the median home price in Justice, IL is $296,000, with a year-over-year change of 3.8%. This indicates that home prices in Justice, IL are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$296,0003.8%
Single Family $317,0004.3%
Condos $236,0001.7%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$250,0004.2%
    3 Bed
    		$320,0004.2%
    4 Bed
    		$391,0004.5%
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    11.1%
    2 Bedrooms
    44.0%
    3 Bedrooms
    36.4%
    4 Bedrooms
    6.4%
    5+ Bedrooms
    2.2%

    Rental Trends — Justice, IL

    As of July '25, Rentcast reports the average rent in Justice, IL is $1,670, with a year-over-year rent change of -16.5%. Per bedroom, the median rent as of July '25 in Justice, IL is 1-bedrooms: $1,060, 2-bedrooms: $1,760. The most common rental property sizes in Justice, IL are 2-bedroom and 3-bedroom, accounting for 55.7% and 23.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,580$1,670
    Studio Rent N/AN/A
    1 Bed Rent $1,060$1,060
    2 Bed Rent $1,600$1,760
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    16.9%
    2 Bedrooms
    55.7%
    3 Bedrooms
    23.6%
    4 Bedrooms
    2.7%
    5+ Bedrooms
    1.1%

    Property Listings — Justice, IL

    As of May '26, Realtor.com reports that the median days on market for a home in Justice, IL is 30. This is a decrease of -10.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$374,0006.0%
    Listing Count
    		27-24.0%
    Listings as % of Homes0.2%-24.0%
    Days on Market
    		30-10.0%
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    Demographics — Justice, IL

    As of the latest ACS Survey released in 2023, Justice, IL has a population of 14,200, which has decreased by -7.4% over the past 5 years. Justice, IL is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 17.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		14,200-7.4%
    % Under 18
    		25.0%-5.7%
    % Seniors
    		12.5%34.4%
    % WFH
    		7.6%3,700.0%
    % w/ College Degree
    		17.2%24.6%
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    As of the latest ACS Survey released in 2023, Justice, IL is a predominantly white area, with 52.3% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Justice, IL is hispanic, making up 20.9% of the population. Foreign-born residents account for 24.7% of the population in Justice, IL, and this percentage has decreased by 3.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		52.3%-6.9%
    % Black
    		20.4%6.8%
    % Hispanic
    		20.9%-3.7%
    % Asian
    		4.0%122.2%
    % Foreign Born
    		24.7%-3.5%
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    Mortgage and Risk — Justice, IL

    According to HUD data as of 2023, there were 160 mortgage originations in Justice, IL, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Justice, IL. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		160
    % Conventional Loans
    		86.0%
    % Government Loans
    		14.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		8.0%
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    Rentals and Section 8 — Justice, IL

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

    Section 8 Market Size

    Total Units under HUD
    		209
    Total Units Section 8
    		209
    % Rentals under Section 8
    		7.1%
    % Occupied Section 8
    		91.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$340$1,060$1,400
    2 Bedroom-$20$1,600$1,580
    3 BedroomN/AN/A$2,030
    4 BedroomN/AN/A$2,380

    Affordability — Justice, IL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.3
    Median Home Price$296,000
    Median Household Income$59,400

    Justice, IL — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions