Waltham, IL 61373 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Waltham, IL—61373

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$250,000

7.5% YoY Growth

Household Income

$103,000

37.2% YoY Growth

Days on Market

0.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$1,400

5.0% YoY Growth

1-Bed Rent

$1,050

7.5% YoY Growth

2-Bed Rent

$1,700

16.5% YoY Growth

3-Bed Rent

$1,950

N/A

Home Price Trends — Waltham, IL

Waltham, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$250,000	7.5%
Single Family	$254,000	8.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Waltham, IL

As of July '25, Rentcast reports the average rent in Waltham, IL is $1,480, with a year-over-year rent change of 5.0%. Per bedroom, the median rent as of July '25 in Waltham, IL is 1-bedrooms: $1,110, 2-bedrooms: $1,520, 3-bedrooms: $1,980. The most common rental property sizes in Waltham, IL are 2-bedroom and 3-bedroom, accounting for 50.7% and 31.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,400	$1,480
Studio Rent	N/A	N/A
1 Bed Rent	$1,050	$1,110
2 Bed Rent	$1,700	$1,520
3 Bed Rent	$1,950	$1,980
4 Bed Rent	N/A	N/A

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% of Rental Stock

2 Bedrooms

50.7%

3 Bedrooms

31.3%

4 Bedrooms

17.9%

Property Listings — Waltham, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Waltham, IL is 36. This is a increase of 195.0% 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	$185,000	-7.0%
Listing Count	6	-47.0%
Listings as % of Homes	0.8%	-47.0%
Days on Market	44	0.0%

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Demographics — Waltham, IL

As of the latest ACS Survey released in 2023, Waltham, IL has a population of 2,120, which has remained stable by -0.7% over the past 5 years. Waltham, IL is a popular place for families, as children make up 26.7% of the population. The area has a poorly educated workforce, with 23.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,120	-0.7%
% Under 18	26.7%	23.6%
% Seniors	16.0%	-14.0%
% WFH	11.7%	350.0%
% w/ College Degree	23.8%	10.2%

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As of the latest ACS Survey released in 2023, Waltham, IL is a predominantly white area, with 94.6% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Waltham, IL is hispanic, making up 2.1% of the population. Foreign-born residents account for 2.7% of the population in Waltham, IL, and this percentage has increased by 12.5% 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	94.6%	-0.3%
% Black	0.0%	N/A
% Hispanic	2.1%	-4.5%
% Asian	0.0%	-100.0%
% Foreign Born	2.7%	12.5%

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Mortgage and Risk — Waltham, IL

Waltham, IL lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — Waltham, IL

Waltham, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	2
Total Units Section 8	1
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$50	$1,050	$1,000
2 Bedroom	-$390	$1,700	$1,310
3 Bedroom	-$190	$1,950	$1,760
4 Bedroom	N/A	N/A	$1,980

Waltham, IL—61373

Key Metrics at a Glance

Home Price Trends — Waltham, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Waltham, IL

% of Rental Stock

Property Listings — Waltham, IL

Demographics — Waltham, IL

Race and Ethnicity

Mortgage and Risk — Waltham, IL

Mortgages

Rentals and Section 8 — Waltham, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Waltham, IL

Home Price to Income Ratio

Waltham, IL — ZIP Code Boundary Map

Nearby ZIP Codes

La Salle, IL

Troy Grove

Oglesby, IL

Ottawa, IL

Peru, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.1
Median Home Price	$250,000
Median Household Income	$103,000

Waltham, IL—61373

Key Metrics at a Glance

Home Price Trends — Waltham, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Waltham, IL

% of Rental Stock

Property Listings — Waltham, IL

Demographics — Waltham, IL

Race and Ethnicity

Mortgage and Risk — Waltham, IL

Mortgages

Rentals and Section 8 — Waltham, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Waltham, IL

Home Price to Income Ratio

Waltham, IL — ZIP Code Boundary Map

Nearby ZIP Codes

La Salle, IL

Troy Grove

Oglesby, IL

Ottawa, IL

Peru, IL

Frequently Asked Questions

What is the average home price in Waltham, IL 61373?

How have home prices in Waltham, IL 61373 changed over the past year?

What is the home price projection for Waltham, IL 61373?

What are the demographics of Waltham, IL 61373?

How long does it take homes to sell in Waltham, IL 61373?

What is the average rent price in Waltham, IL 61373?