Batavia, IL—60510
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Batavia, IL
As of Oct '25, the median home price in Batavia, IL is $442,000, with a year-over-year change of 4.1%. This indicates that home prices in Batavia, IL are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $442,000 | 4.1% |
| Single Family | $450,000 | 3.9% |
| Condos | $317,000 | 7.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $311,000 | 4.7% |
3 Bed | $384,000 | 4.1% |
4 Bed | $519,000 | 4.4% |
| 5 Bed | $638,000 | 2.2% |
% of Housing Stock
Rental Trends — Batavia, IL
As of July '25, Rentcast reports the average rent in Batavia, IL is $2,240, with a year-over-year rent change of -2.6%. Per bedroom, the median rent as of July '25 in Batavia, IL is 1-bedrooms: $1,540, 2-bedrooms: $1,690, 3-bedrooms: $2,960. The most common rental property sizes in Batavia, IL are 1-bedroom and 2-bedroom, accounting for 39.8% and 32.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,240 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,540 |
| 2 Bed Rent | $1,550 | $1,690 |
| 3 Bed Rent | $3,000 | $2,960 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Batavia, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Batavia, IL is 25. This is a increase of 31.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $494,000 | 5.0% |
Listing Count | 111 | 38.0% |
| Listings as % of Homes | 0.7% | 38.0% |
Days on Market | 25 | 31.0% |
Demographics — Batavia, IL
As of the latest ACS Survey released in 2023, Batavia, IL has a population of 28,600, which has decreased by -3.2% over the past 5 years. Batavia, IL is a moderately popular place for families, as children make up 24.1% of the population. The area has a highly educated workforce, with 55.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,600 | -3.2% |
% Under 18 | 24.1% | -2.4% |
% Seniors | 17.8% | 25.4% |
% WFH | 20.6% | 167.5% |
% w/ College Degree | 55.8% | 6.9% |
As of the latest ACS Survey released in 2023, Batavia, IL is a predominantly white area, with 81.8% of the population identifying as white. The white population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Batavia, IL is hispanic, making up 8.4% of the population. Foreign-born residents account for 6.1% of the population in Batavia, IL, and this percentage has increased by 3.4% 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 | 81.8% | -5.4% |
% Black | 2.6% | 36.8% |
% Hispanic | 8.4% | 10.5% |
% Asian | 1.6% | -23.8% |
% Foreign Born | 6.1% | 3.4% |
Mortgage and Risk — Batavia, IL
According to HUD data as of 2023, there were 539 mortgage originations in Batavia, IL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Batavia, IL. Investor activity is low, as 2.0% 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 | 539 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Batavia, IL
Batavia, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 385 |
Total Units Section 8 | 385 |
% Rentals under Section 8 | 16.2% |
% Occupied Section 8 | 95.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$30 | $1,500 | $1,470 |
| 2 Bedroom | $110 | $1,550 | $1,660 |
| 3 Bedroom | -$870 | $3,000 | $2,130 |
| 4 Bedroom | N/A | N/A | $2,500 |
Affordability — Batavia, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $442,000 |
| Median Household Income | $121,000 |