Bradley, IL—60915
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bradley, IL
As of Oct '25, the median home price in Bradley, IL is $172,000, with a year-over-year change of 3.7%. This indicates that home prices in Bradley, IL are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $172,000 | 3.7% |
| Single Family | $172,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $147,000 | 2.1% |
3 Bed | $199,000 | 3.6% |
4 Bed | $227,000 | 3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bradley, IL
As of July '25, Rentcast reports the average rent in Bradley, IL is $1,460, with a year-over-year rent change of -1.4%. Per bedroom, the median rent as of July '25 in Bradley, IL is 2-bedrooms: $1,390, 3-bedrooms: $1,600. The most common rental property sizes in Bradley, IL are 2-bedroom and 3-bedroom, accounting for 42.8% and 29.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,300 | $1,390 |
| 3 Bed Rent | $1,600 | $1,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bradley, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Bradley, IL is 34. This is a increase of 5.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $223,000 | 5.0% |
Listing Count | 26 | -6.0% |
| Listings as % of Homes | 0.7% | -6.0% |
Days on Market | 34 | 5.0% |
Demographics — Bradley, IL
As of the latest ACS Survey released in 2023, Bradley, IL has a population of 10,200, which has remained stable by 0.9% over the past 5 years. Bradley, IL is a moderately popular place for families, as children make up 19.8% of the population. The area has a poorly educated workforce, with 9.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,200 | 0.9% |
% Under 18 | 19.8% | -22.0% |
% Seniors | 14.8% | -7.5% |
% WFH | 4.2% | 35.5% |
% w/ College Degree | 9.4% | -45.3% |
As of the latest ACS Survey released in 2023, Bradley, IL is a predominantly white area, with 79.9% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Bradley, IL is hispanic, making up 13.8% of the population. Foreign-born residents account for 4.2% of the population in Bradley, IL, and this percentage has decreased by 33.3% 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 | 79.9% | -2.2% |
% Black | 2.7% | -38.6% |
% Hispanic | 13.8% | 3.0% |
% Asian | 0.1% | -80.0% |
% Foreign Born | 4.2% | -33.3% |
Mortgage and Risk — Bradley, IL
According to HUD data as of 2023, there were 226 mortgage originations in Bradley, IL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Bradley, IL. Investor activity is low, as 13.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 226 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 13.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Bradley, IL
Bradley, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 47 |
Total Units Section 8 | 47 |
% Rentals under Section 8 | 2.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $990 |
| 2 Bedroom | $0 | $1,300 | $1,300 |
| 3 Bedroom | $120 | $1,600 | $1,720 |
| 4 Bedroom | N/A | N/A | $1,730 |
Affordability — Bradley, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $172,000 |
| Median Household Income | $55,800 |