Westmont, IL 60559 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Westmont, IL—60559

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$382,000

5.4% YoY Growth

Household Income

$87,500

29.4% YoY Growth

Days on Market

8.0% Shorter YoY

Home Price Forecast

1.6%

Median Rent

$1,950

0.5% YoY Growth

1-Bed Rent

$1,790

0.5% YoY Growth

2-Bed Rent

$2,130

4.2% YoY Growth

3-Bed Rent

$2,550

3.7% YoY Growth

Home Price Trends — Westmont, IL

As of Dec '25, the median home price in Westmont, IL is $382,000, with a year-over-year change of 5.4%. This indicates that home prices in Westmont, 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	$382,000	5.4%
Single Family	$411,000	5.1%
Condos	$232,000	4.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Westmont, IL

As of July '25, Rentcast reports the average rent in Westmont, IL is $2,130, with a year-over-year rent change of 0.5%. Per bedroom, the median rent as of July '25 in Westmont, IL is studios: $1,770, 1-bedrooms: $1,850, 2-bedrooms: $2,220, 3-bedrooms: $2,610, 4-bedrooms: $4,200. The most common rental property sizes in Westmont, IL are 2-bedroom and 1-bedroom, accounting for 51.1% and 28.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,950	$2,130
Studio Rent	$1,500	$1,770
1 Bed Rent	$1,790	$1,850
2 Bed Rent	$2,130	$2,220
3 Bed Rent	$2,550	$2,610
4 Bed Rent	$4,200	$4,200

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% of Rental Stock

Studio

5.4%

1 Bedroom

28.5%

2 Bedrooms

51.1%

3 Bedrooms

13.3%

4 Bedrooms

1.7%

Property Listings — Westmont, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Westmont, IL is 38. This is a decrease of -16.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$429,000	15.0%
Listing Count	43	-18.0%
Listings as % of Homes	0.5%	-18.0%
Days on Market	42	-8.0%

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Demographics — Westmont, IL

As of the latest ACS Survey released in 2023, Westmont, IL has a population of 24,400, which has remained stable by -0.5% over the past 5 years. Westmont, IL is a moderately popular place for families, as children make up 19.6% of the population. The area has a highly educated workforce, with 49.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	24,400	-0.5%
% Under 18	19.6%	-3.0%
% Seniors	20.2%	25.5%
% WFH	19.3%	278.4%
% w/ College Degree	49.0%	12.9%

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As of the latest ACS Survey released in 2023, Westmont, IL is a predominantly white area, with 61.5% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Westmont, IL is hispanic, making up 14.8% of the population. Foreign-born residents account for 24.4% of the population in Westmont, IL, and this percentage has increased by 11.9% 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	61.5%	-4.7%
% Black	6.8%	0.0%
% Hispanic	14.8%	13.8%
% Asian	13.1%	-3.0%
% Foreign Born	24.4%	11.9%

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Mortgage and Risk — Westmont, IL

According to HUD data as of 2023, there were 299 mortgage originations in Westmont, IL, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Westmont, IL. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	299
% Conventional Loans	93.0%
% Government Loans	7.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — Westmont, IL

As of 2024, the percent of homes in Westmont, IL under the Section 8 program is 2.1%. 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. In Westmont, IL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	100
Total Units Section 8	100
% Rentals under Section 8	2.1%
% Occupied Section 8	95.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$160	$1,790	$1,630
2 Bedroom	-$290	$2,130	$1,840
3 Bedroom	-$190	$2,550	$2,360
4 Bedroom	-$1,420	$4,200	$2,780

Westmont, IL—60559

Key Metrics at a Glance

Home Price Trends — Westmont, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Westmont, IL

% of Rental Stock

Property Listings — Westmont, IL

Demographics — Westmont, IL

Race and Ethnicity

Mortgage and Risk — Westmont, IL

Mortgages

Rentals and Section 8 — Westmont, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Westmont, IL

Home Price to Income Ratio

Westmont, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Clarendon Hills, IL

Hinsdale, IL

Oak Brook, IL

Downers Grove, IL

Darien, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$382,000
Median Household Income	$87,500

Westmont, IL—60559

Key Metrics at a Glance

Home Price Trends — Westmont, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Westmont, IL

% of Rental Stock

Property Listings — Westmont, IL

Demographics — Westmont, IL

Race and Ethnicity

Mortgage and Risk — Westmont, IL

Mortgages

Rentals and Section 8 — Westmont, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Westmont, IL

Home Price to Income Ratio

Westmont, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Clarendon Hills, IL

Hinsdale, IL

Oak Brook, IL

Downers Grove, IL

Darien, IL

Frequently Asked Questions

What is the average home price in Westmont, IL 60559?

How have home prices in Westmont, IL 60559 changed over the past year?

What is the home price projection for Westmont, IL 60559?

What are the demographics of Westmont, IL 60559?

How long does it take homes to sell in Westmont, IL 60559?

What is the average rent price in Westmont, IL 60559?