Rogers Park, Chicago, IL—60626
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rogers Park, Chicago, IL
As of Oct '25, the median home price in Rogers Park, Chicago, IL is $242,000, with a year-over-year change of 5.2%. This indicates that home prices in Rogers Park, Chicago, 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 | $242,000 | 5.2% |
| Single Family | $401,000 | 5.0% |
| Condos | $225,000 | 6.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $165,000 | 5.1% |
2 Bed | $240,000 | 5.3% |
3 Bed | $359,000 | 5.0% |
4 Bed | $601,000 | 5.6% |
| 5 Bed | $787,000 | 3.7% |
% of Housing Stock
Rental Trends — Rogers Park, Chicago, IL
As of July '25, Rentcast reports the average rent in Rogers Park, Chicago, IL is $1,700, with a year-over-year rent change of -2.3%. Per bedroom, the median rent as of July '25 in Rogers Park, Chicago, IL is studios: $1,270, 1-bedrooms: $1,540, 2-bedrooms: $2,030, 3-bedrooms: $2,570, 4-bedrooms: $2,970. The most common rental property sizes in Rogers Park, Chicago, IL are 1-bedroom and 2-bedroom, accounting for 44.3% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,580 | $1,700 |
| Studio Rent | $1,250 | $1,270 |
| 1 Bed Rent | $1,510 | $1,540 |
| 2 Bed Rent | $1,980 | $2,030 |
| 3 Bed Rent | $2,400 | $2,570 |
| 4 Bed Rent | $2,900 | $2,970 |
% of Rental Stock
Property Listings — Rogers Park, Chicago, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Rogers Park, Chicago, IL is 31. This is a increase of 16.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $252,000 | 17.0% |
Listing Count | 90 | -4.0% |
| Listings as % of Homes | 0.3% | -4.0% |
Days on Market | 31 | 16.0% |
Demographics — Rogers Park, Chicago, IL
As of the latest ACS Survey released in 2023, Rogers Park, Chicago, IL has a population of 50,000, which has remained stable by 0.6% over the past 5 years. Rogers Park, Chicago, IL is a less popular place for families, as children make up 14.5% of the population. The area has a highly educated workforce, with 53.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 50,000 | 0.6% |
% Under 18 | 14.5% | -13.2% |
% Seniors | 11.7% | 15.8% |
% WFH | 20.0% | 239.0% |
% w/ College Degree | 53.3% | 14.1% |
As of the latest ACS Survey released in 2023, Rogers Park, Chicago, IL is a predominantly white area, with 46.6% of the population identifying as white. The white population has grown by 3.3% in the last 5 years. The second most common race or ethnicity in Rogers Park, Chicago, IL is black, making up 22.8% of the population. Foreign-born residents account for 24.1% of the population in Rogers Park, Chicago, IL, and this percentage has decreased by 7.3% 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 | 46.6% | 3.3% |
% Black | 22.8% | -9.9% |
% Hispanic | 19.3% | -6.3% |
% Asian | 7.3% | 23.7% |
% Foreign Born | 24.1% | -7.3% |
Mortgage and Risk — Rogers Park, Chicago, IL
According to HUD data as of 2023, there were 391 mortgage originations in Rogers Park, Chicago, IL, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Rogers Park, Chicago, IL. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 391 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Rogers Park, Chicago, IL
As of 2024, the percent of homes in Rogers Park, Chicago, IL under the Section 8 program is 11.4%. 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 and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Rogers Park, Chicago, IL, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 2,182 |
Total Units Section 8 | 2,037 |
% Rentals under Section 8 | 11.4% |
% Occupied Section 8 | 89.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $1,510 | $1,730 |
| 2 Bedroom | -$30 | $1,980 | $1,950 |
| 3 Bedroom | $100 | $2,400 | $2,500 |
| 4 Bedroom | $40 | $2,900 | $2,940 |
Affordability — Rogers Park, Chicago, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $242,000 |
| Median Household Income | $57,500 |