Cottage Hills, IL—62018
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cottage Hills, IL
As of Oct '25, the median home price in Cottage Hills, IL is $101,000, with a year-over-year change of -0.4%. This indicates that home prices in Cottage Hills, IL are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $101,000 | -0.4% |
| Single Family | $101,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $91,000 | 5.8% |
3 Bed | $119,000 | 3.5% |
4 Bed | $98,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cottage Hills, IL
Cottage Hills, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $750 |
| 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 — Cottage Hills, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Cottage Hills, IL is 75. This is a decrease of -42.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $158,000 | 61.0% |
Listing Count | 5 | -39.0% |
| Listings as % of Homes | 0.2% | -39.0% |
Days on Market | 75 | -42.0% |
Demographics — Cottage Hills, IL
As of the latest ACS Survey released in 2023, Cottage Hills, IL has a population of 3,010, which has remained stable by -0.9% over the past 5 years. Cottage Hills, IL is a popular place for families, as children make up 27.3% of the population. The area has a poorly educated workforce, with 5.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,010 | -0.9% |
% Under 18 | 27.3% | 19.7% |
% Seniors | 18.3% | 15.8% |
% WFH | 9.3% | 2,225.0% |
% w/ College Degree | 5.8% | 18.4% |
As of the latest ACS Survey released in 2023, Cottage Hills, IL is a predominantly white area, with 86.4% of the population identifying as white. The white population has shrunk by 9.1% in the last 5 years. The second most common race or ethnicity in Cottage Hills, IL is black, making up 6.2% of the population. Foreign-born residents account for 0.0% of the population in Cottage Hills, IL, and this percentage has decreased by 100.0% 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 | 86.4% | -9.1% |
% Black | 6.2% | 244.4% |
% Hispanic | 3.7% | 270.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Cottage Hills, IL
According to HUD data as of 2023, there were 55 mortgage originations in Cottage Hills, IL, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Cottage Hills, IL. Investor activity is low, as 5.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 55 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 2.0% |
Loan Activity
Rentals and Section 8 — Cottage Hills, IL
Cottage Hills, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 56 |
Total Units Section 8 | 56 |
% Rentals under Section 8 | 15.1% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $170 | $750 | $920 |
| 2 Bedroom | N/A | N/A | $1,130 |
| 3 Bedroom | N/A | N/A | $1,460 |
| 4 Bedroom | N/A | N/A | $1,680 |
Affordability — Cottage Hills, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $101,000 |
| Median Household Income | $41,800 |