Hopkins Park, IL—60958
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hopkins Park, IL
As of Oct '25, the median home price in Hopkins Park, IL is $96,000, with a year-over-year change of 9.8%. This indicates that home prices in Hopkins Park, IL are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $96,000 | 9.8% |
| Single Family | $96,000 | 14.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hopkins Park, IL
Hopkins Park, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hopkins Park, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Hopkins Park, IL is 130. This is a increase of 280.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $140,000 | -11.0% |
Listing Count | 4 | 88.0% |
| Listings as % of Homes | 0.0% | 88.0% |
Days on Market | 130 | 280.0% |
Demographics — Hopkins Park, IL
As of the latest ACS Survey released in 2023, Hopkins Park, IL has a population of 1,490, which has decreased by -16.6% over the past 5 years. Hopkins Park, IL is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 11.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,490 | -16.6% |
% Under 18 | 20.4% | -18.1% |
% Seniors | 24.2% | 10.0% |
% WFH | 16.8% | 572.0% |
% w/ College Degree | 11.7% | -24.5% |
As of the latest ACS Survey released in 2023, Hopkins Park, IL is a predominantly black area, with 67.3% of the population identifying as black. The black population has shrunk by 15.1% in the last 5 years. The second most common race or ethnicity in Hopkins Park, IL is hispanic, making up 19.2% of the population. Foreign-born residents account for 5.9% of the population in Hopkins Park, IL, and this percentage has increased by 18.0% 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 | 10.2% | 12.1% |
% Black | 67.3% | -15.1% |
% Hispanic | 19.2% | 92.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 5.9% | 18.0% |
Mortgage and Risk — Hopkins Park, IL
According to HUD data as of 2023, there were 7 mortgage originations in Hopkins Park, IL, of which 57.0% of loans were conventional mortgages. The average loan-to-value was 86.0%, with 57.0% above 90% LTV (very high). This implies large mortgage risk in Hopkins Park, IL. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 7 |
% Conventional Loans | 57.0% |
% Government Loans | 43.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Hopkins Park, IL
Hopkins Park, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,460 |
Affordability — Hopkins Park, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $96,000 |
| Median Household Income | $35,100 |