Cicero, IL 60804 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Cicero, IL—60804

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$257,000

3.6% YoY Growth

Household Income

$68,500

44.4% YoY Growth

Days on Market

54.0% Longer YoY

Home Price Forecast

1.2%

Median Rent

$1,180

9.0% YoY Growth

1-Bed Rent

$1,050

8.2% YoY Growth

2-Bed Rent

$1,400

7.3% YoY Growth

3-Bed Rent

$2,150

11.7% YoY Growth

Home Price Trends — Cicero, IL

As of Dec '25, the median home price in Cicero, IL is $257,000, with a year-over-year change of 3.6%. This indicates that home prices in Cicero, IL are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$257,000	3.6%
Single Family	$260,000	3.6%
Condos	$156,000	-4.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Cicero, IL

As of July '25, Rentcast reports the average rent in Cicero, IL is $1,310, with a year-over-year rent change of -9.0%. Per bedroom, the median rent as of July '25 in Cicero, IL is studios: $907, 1-bedrooms: $1,070, 2-bedrooms: $1,390, 3-bedrooms: $2,100, 4-bedrooms: $2,900. The most common rental property sizes in Cicero, IL are 2-bedroom and 3-bedroom, accounting for 45.5% and 23.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,180	$1,310
Studio Rent	$800	$907
1 Bed Rent	$1,050	$1,070
2 Bed Rent	$1,400	$1,390
3 Bed Rent	$2,150	$2,100
4 Bed Rent	$2,600	$2,900

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% of Rental Stock

Studio

5.7%

1 Bedroom

19.2%

2 Bedrooms

45.5%

3 Bedrooms

23.8%

4 Bedrooms

4.3%

5+ Bedrooms

1.6%

Property Listings — Cicero, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Cicero, IL is 44. This is a increase of 41.0% 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	$300,000	2.0%
Listing Count	75	14.0%
Listings as % of Homes	0.3%	14.0%
Days on Market	53	54.0%

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Demographics — Cicero, IL

As of the latest ACS Survey released in 2023, Cicero, IL has a population of 83,200, which has remained stable by 0.1% over the past 5 years. Cicero, IL is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 11.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	83,200	0.1%
% Under 18	25.5%	-14.4%
% Seniors	10.9%	39.7%
% WFH	4.7%	422.2%
% w/ College Degree	11.0%	31.0%

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As of the latest ACS Survey released in 2023, Cicero, IL is a predominantly hispanic area, with 88.8% of the population identifying as hispanic. The hispanic population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Cicero, IL is white, making up 7.4% of the population. Foreign-born residents account for 40.0% of the population in Cicero, IL, and this percentage has decreased by 0.2% 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	7.4%	8.8%
% Black	3.4%	-8.1%
% Hispanic	88.8%	-0.4%
% Asian	0.5%	-16.7%
% Foreign Born	40.0%	-0.2%

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Mortgage and Risk — Cicero, IL

According to HUD data as of 2023, there were 444 mortgage originations in Cicero, IL, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Cicero, IL. Investor activity is low, as 3.0% 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	444
% Conventional Loans	68.0%
% Government Loans	32.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Cicero, IL

As of 2024, the percent of homes in Cicero, 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Cicero, IL, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	240
Total Units Section 8	239
% Rentals under Section 8	2.1%
% Occupied Section 8	82.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$240	$1,050	$1,290
2 Bedroom	$60	$1,400	$1,460
3 Bedroom	-$270	$2,150	$1,880
4 Bedroom	-$400	$2,600	$2,200

Cicero, IL—60804

Key Metrics at a Glance

Home Price Trends — Cicero, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cicero, IL

% of Rental Stock

Property Listings — Cicero, IL

Demographics — Cicero, IL

Race and Ethnicity

Mortgage and Risk — Cicero, IL

Mortgages

Rentals and Section 8 — Cicero, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Cicero, IL

Home Price to Income Ratio

Cicero, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Berwyn, IL

Austin, Chicago, IL

Little Village, Chicago, IL

Oak Park, IL

Garfield Park, Chicago, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$257,000
Median Household Income	$68,500

Cicero, IL—60804

Key Metrics at a Glance

Home Price Trends — Cicero, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cicero, IL

% of Rental Stock

Property Listings — Cicero, IL

Demographics — Cicero, IL

Race and Ethnicity

Mortgage and Risk — Cicero, IL

Mortgages

Rentals and Section 8 — Cicero, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Cicero, IL

Home Price to Income Ratio

Cicero, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Berwyn, IL

Austin, Chicago, IL

Little Village, Chicago, IL

Oak Park, IL

Garfield Park, Chicago, IL

Frequently Asked Questions

What is the average home price in Cicero, IL 60804?

How have home prices in Cicero, IL 60804 changed over the past year?

What is the home price projection for Cicero, IL 60804?

What are the demographics of Cicero, IL 60804?

How long does it take homes to sell in Cicero, IL 60804?

What is the average rent price in Cicero, IL 60804?