Woodridge, IL 60517 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Woodridge, IL—60517

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$419,000

3.2% YoY Growth

Household Income

$96,400

14.9% YoY Growth

Days on Market

11.0% Shorter YoY

Home Price Forecast

0.8%

Median Rent

$1,800

9.4% YoY Growth

1-Bed Rent

$1,620

5.6% YoY Growth

2-Bed Rent

$2,020

7.1% YoY Growth

3-Bed Rent

$2,750

5.1% YoY Growth

Home Price Trends — Woodridge, IL

As of May '26, the median home price in Woodridge, IL is $419,000, with a year-over-year change of 3.2%. This indicates that home prices in Woodridge, IL are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$419,000	3.2%
Single Family	$451,000	3.2%
Condos	$213,000	4.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Woodridge, IL

As of July '25, Rentcast reports the average rent in Woodridge, IL is $1,920, with a year-over-year rent change of -9.4%. Per bedroom, the median rent as of July '25 in Woodridge, IL is studios: $1,370, 1-bedrooms: $1,700, 2-bedrooms: $2,080, 3-bedrooms: $2,810, 4-bedrooms: $3,360. The most common rental property sizes in Woodridge, IL are 2-bedroom and 1-bedroom, accounting for 53.6% and 28.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,800	$1,920
Studio Rent	$1,360	$1,370
1 Bed Rent	$1,620	$1,700
2 Bed Rent	$2,020	$2,080
3 Bed Rent	$2,750	$2,810
4 Bed Rent	$3,100	$3,360

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% of Rental Stock

Studio

6.3%

1 Bedroom

28.7%

2 Bedrooms

53.6%

3 Bedrooms

9.8%

4 Bedrooms

0.8%

5+ Bedrooms

0.8%

Property Listings — Woodridge, IL

As of May '26, Realtor.com reports that the median days on market for a home in Woodridge, IL is 28. 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 14.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$485,000	13.0%
Listing Count	83	-11.0%
Listings as % of Homes	0.4%	-11.0%
Days on Market	28	-11.0%

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Demographics — Woodridge, IL

As of the latest ACS Survey released in 2023, Woodridge, IL has a population of 33,200, which has increased by 2.6% over the past 5 years. Woodridge, IL is a moderately popular place for families, as children make up 23.4% of the population. The area has a moderately educated workforce, with 44.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	33,200	2.6%
% Under 18	23.4%	9.3%
% Seniors	13.2%	16.8%
% WFH	19.4%	234.5%
% w/ College Degree	44.9%	-8.7%

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As of the latest ACS Survey released in 2023, Woodridge, IL is a predominantly white area, with 57.2% of the population identifying as white. The white population has shrunk by 8.8% in the last 5 years. The second most common race or ethnicity in Woodridge, IL is hispanic, making up 16.6% of the population. Foreign-born residents account for 20.1% of the population in Woodridge, IL, and this percentage has increased by 1.5% 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	57.2%	-8.8%
% Black	11.4%	26.7%
% Hispanic	16.6%	22.1%
% Asian	10.9%	-13.5%
% Foreign Born	20.1%	1.5%

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Mortgage and Risk — Woodridge, IL

According to HUD data as of 2023, there were 451 mortgage originations in Woodridge, IL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Woodridge, IL. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	451
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Woodridge, IL

As of 2024, the percent of homes in Woodridge, IL under the Section 8 program is 4.4%. 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 units appear to be good home sizes to consider for Section 8 housing in Woodridge, IL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	190
Total Units Section 8	190
% Rentals under Section 8	4.4%
% Occupied Section 8	90.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$70	$1,620	$1,690
2 Bedroom	-$110	$2,020	$1,910
3 Bedroom	-$300	$2,750	$2,450
4 Bedroom	-$220	$3,100	$2,880

Woodridge, IL—60517

Key Metrics at a Glance

Home Price Trends — Woodridge, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Woodridge, IL

% of Rental Stock

Property Listings — Woodridge, IL

Demographics — Woodridge, IL

Race and Ethnicity

Mortgage and Risk — Woodridge, IL

Mortgages

Rentals and Section 8 — Woodridge, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Woodridge, IL

Home Price to Income Ratio

Woodridge, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Downers Grove, IL

Bolingbrook, IL

Darien, IL

Lisle, IL

Downers Grove, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.6
Median Home Price	$419,000
Median Household Income	$96,400

Woodridge, IL—60517

Key Metrics at a Glance

Home Price Trends — Woodridge, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Woodridge, IL

% of Rental Stock

Property Listings — Woodridge, IL

Demographics — Woodridge, IL

Race and Ethnicity

Mortgage and Risk — Woodridge, IL

Mortgages

Rentals and Section 8 — Woodridge, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Woodridge, IL

Home Price to Income Ratio

Woodridge, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Downers Grove, IL

Bolingbrook, IL

Darien, IL

Lisle, IL

Downers Grove, IL

Frequently Asked Questions

What is the average home price in Woodridge, IL 60517?

How have home prices in Woodridge, IL 60517 changed over the past year?

What is the home price projection for Woodridge, IL 60517?

What are the demographics of Woodridge, IL 60517?

How long does it take homes to sell in Woodridge, IL 60517?

What is the average rent price in Woodridge, IL 60517?