Bolingbrook, IL—60490
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Bolingbrook, IL
Home Price Trends — Bolingbrook, IL
As of Oct '25, the median home price in Bolingbrook, IL is $481,000, with a year-over-year change of 3.0%. This indicates that home prices in Bolingbrook, 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 | $481,000 | 3.0% |
| Single Family | $482,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $371,000 | 1.6% |
3 Bed | $406,000 | 3.8% |
4 Bed | $501,000 | 2.9% |
| 5 Bed | $597,000 | 2.4% |
% of Housing Stock
Rental Trends — Bolingbrook, IL
As of July '25, Rentcast reports the average rent in Bolingbrook, IL is $2,810, with a year-over-year rent change of -4.1%. Per bedroom, the median rent as of July '25 in Bolingbrook, IL is studios: $1,860, 1-bedrooms: $2,200, 2-bedrooms: $2,650, 3-bedrooms: $3,080, 4-bedrooms: $3,530. The most common rental property sizes in Bolingbrook, IL are 4-bedroom and 1-bedroom, accounting for 60.5% and 18.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $2,810 |
| Studio Rent | $1,840 | $1,860 |
| 1 Bed Rent | $2,160 | $2,200 |
| 2 Bed Rent | $2,670 | $2,650 |
| 3 Bed Rent | $3,040 | $3,080 |
| 4 Bed Rent | $3,500 | $3,530 |
% of Rental Stock
Property Listings — Bolingbrook, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Bolingbrook, IL is 33. This is a decrease of -11.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $518,000 | 1.0% |
Listing Count | 91 | 27.0% |
| Listings as % of Homes | 0.5% | 27.0% |
Days on Market | 33 | -11.0% |
Demographics — Bolingbrook, IL
As of the latest ACS Survey released in 2023, Bolingbrook, IL has a population of 21,700, which has decreased by -2.1% over the past 5 years. Bolingbrook, IL is a moderately popular place for families, as children make up 24.8% of the population. The area has a highly educated workforce, with 56.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,700 | -2.1% |
% Under 18 | 24.8% | -13.3% |
% Seniors | 9.5% | 63.8% |
% WFH | 19.8% | 321.3% |
% w/ College Degree | 56.5% | 5.8% |
As of the latest ACS Survey released in 2023, Bolingbrook, IL is a predominantly white area, with 37.8% of the population identifying as white. The white population has shrunk by 15.4% in the last 5 years. The second most common race or ethnicity in Bolingbrook, IL is asian, making up 23.3% of the population. Foreign-born residents account for 21.4% of the population in Bolingbrook, IL, and this percentage has decreased by 7.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 37.8% | -15.4% |
% Black | 17.2% | 17.0% |
% Hispanic | 16.7% | 1.2% |
% Asian | 23.3% | 15.9% |
% Foreign Born | 21.4% | -7.8% |
Mortgage and Risk — Bolingbrook, IL
According to HUD data as of 2023, there were 222 mortgage originations in Bolingbrook, IL, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Bolingbrook, IL. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 222 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Bolingbrook, IL
As of 2024, the percent of homes in Bolingbrook, IL under the Section 8 program is 6.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Bolingbrook, IL, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 64 |
Total Units Section 8 | 64 |
% Rentals under Section 8 | 6.0% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $2,160 | $2,340 |
| 2 Bedroom | -$30 | $2,670 | $2,640 |
| 3 Bedroom | $350 | $3,040 | $3,390 |
| 4 Bedroom | $480 | $3,500 | $3,980 |
Affordability — Bolingbrook, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $481,000 |
| Median Household Income | $148,000 |