South Holland, IL 60473 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

South Holland, IL—60473

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$223,000

1.1% YoY Growth

Household Income

$88,000

39.9% YoY Growth

Days on Market

14.0% Longer YoY

Home Price Forecast

1.6%

Median Rent

$2,800

15.1% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$2,700

3.6% YoY Growth

Home Price Trends — South Holland, IL

As of Dec '25, the median home price in South Holland, IL is $223,000, with a year-over-year change of 1.1%. This indicates that home prices in South Holland, IL are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$223,000	1.1%
Single Family	$223,000	0.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — South Holland, IL

As of July '25, Rentcast reports the average rent in South Holland, IL is $2,820, with a year-over-year rent change of 15.1%. Per bedroom, the median rent as of July '25 in South Holland, IL is 3-bedrooms: $2,620, 4-bedrooms: $3,520. The most common rental property sizes in South Holland, IL are 3-bedroom and 4-bedroom, accounting for 64.2% and 23.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,800	$2,820
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,700	$2,620
4 Bed Rent	$3,340	$3,520

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% of Rental Stock

Studio

0.5%

2 Bedrooms

10.1%

3 Bedrooms

64.2%

4 Bedrooms

23.5%

5+ Bedrooms

1.8%

Property Listings — South Holland, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in South Holland, IL is 48. This is a increase of 10.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$239,000	-3.0%
Listing Count	160	34.0%
Listings as % of Homes	1.2%	34.0%
Days on Market	61	14.0%

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Demographics — South Holland, IL

As of the latest ACS Survey released in 2023, South Holland, IL has a population of 21,400, which has decreased by -3.6% over the past 5 years. South Holland, IL is a moderately popular place for families, as children make up 21.8% of the population. The area has a moderately educated workforce, with 26.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	21,400	-3.6%
% Under 18	21.8%	-12.4%
% Seniors	16.6%	3.1%
% WFH	10.7%	205.7%
% w/ College Degree	26.6%	0.8%

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As of the latest ACS Survey released in 2023, South Holland, IL is a predominantly black area, with 75.6% of the population identifying as black. The black population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in South Holland, IL is white, making up 10.5% of the population. Foreign-born residents account for 6.3% of the population in South Holland, IL, and this percentage has increased by 14.5% 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	10.5%	-22.8%
% Black	75.6%	-6.3%
% Hispanic	10.2%	112.5%
% Asian	1.2%	140.0%
% Foreign Born	6.3%	14.5%

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Mortgage and Risk — South Holland, IL

According to HUD data as of 2023, there were 325 mortgage originations in South Holland, IL, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 51.0% above 90% LTV (very high). This implies large mortgage risk in South Holland, IL. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	325
% Conventional Loans	54.0%
% Government Loans	46.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — South Holland, IL

South Holland, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	497
Total Units Section 8	497
% Rentals under Section 8	43.5%
% Occupied Section 8	91.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$2,050
2 Bedroom	N/A	N/A	$2,310
3 Bedroom	$270	$2,700	$2,970
4 Bedroom	$150	$3,340	$3,490

South Holland, IL—60473

Key Metrics at a Glance

Home Price Trends — South Holland, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — South Holland, IL

% of Rental Stock

Property Listings — South Holland, IL

Demographics — South Holland, IL

Race and Ethnicity

Mortgage and Risk — South Holland, IL

Mortgages

Rentals and Section 8 — South Holland, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — South Holland, IL

Home Price to Income Ratio

South Holland, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Thornton, IL

Dolton, IL

Calumet City, IL

Harvey, IL

Glenwood, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.4
Median Home Price	$223,000
Median Household Income	$88,000

South Holland, IL—60473

Key Metrics at a Glance

Home Price Trends — South Holland, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — South Holland, IL

% of Rental Stock

Property Listings — South Holland, IL

Demographics — South Holland, IL

Race and Ethnicity

Mortgage and Risk — South Holland, IL

Mortgages

Rentals and Section 8 — South Holland, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — South Holland, IL

Home Price to Income Ratio

South Holland, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Thornton, IL

Dolton, IL

Calumet City, IL

Harvey, IL

Glenwood, IL

Frequently Asked Questions

What is the average home price in South Holland, IL 60473?

How have home prices in South Holland, IL 60473 changed over the past year?

What is the home price projection for South Holland, IL 60473?

What are the demographics of South Holland, IL 60473?

How long does it take homes to sell in South Holland, IL 60473?

What is the average rent price in South Holland, IL 60473?