Eastwood Manor, IL—60051
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Eastwood Manor, IL
As of Oct '25, the median home price in Eastwood Manor, IL is $312,000, with a year-over-year change of 3.8%. This indicates that home prices in Eastwood Manor, IL are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $312,000 | 3.8% |
| Single Family | $317,000 | 3.6% |
| Condos | $246,000 | 5.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $246,000 | 5.1% |
3 Bed | $306,000 | 3.7% |
4 Bed | $423,000 | 4.2% |
| 5 Bed | $502,000 | 4.6% |
% of Housing Stock
Rental Trends — Eastwood Manor, IL
As of July '25, Rentcast reports the average rent in Eastwood Manor, IL is $1,890, with a year-over-year rent change of 3.3%. Per bedroom, the median rent as of July '25 in Eastwood Manor, IL is 1-bedrooms: $1,530, 2-bedrooms: $1,940, 3-bedrooms: $2,280. The most common rental property sizes in Eastwood Manor, IL are 2-bedroom and 3-bedroom, accounting for 33.6% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,890 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,620 | $1,530 |
| 2 Bed Rent | $1,940 | $1,940 |
| 3 Bed Rent | $2,000 | $2,280 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Eastwood Manor, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Eastwood Manor, IL is 32. This is a decrease of -19.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $389,000 | 5.0% |
Listing Count | 83 | -9.0% |
| Listings as % of Homes | 0.7% | -9.0% |
Days on Market | 32 | -19.0% |
Demographics — Eastwood Manor, IL
As of the latest ACS Survey released in 2023, Eastwood Manor, IL has a population of 23,900, which has increased by 2.7% over the past 5 years. Eastwood Manor, IL is a moderately popular place for families, as children make up 20.3% of the population. The area has a moderately educated workforce, with 33.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,900 | 2.7% |
% Under 18 | 20.3% | -7.3% |
% Seniors | 15.7% | 21.7% |
% WFH | 16.4% | 290.5% |
% w/ College Degree | 33.1% | 19.9% |
As of the latest ACS Survey released in 2023, Eastwood Manor, IL is a predominantly white area, with 83.6% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Eastwood Manor, IL is hispanic, making up 10.2% of the population. Foreign-born residents account for 5.4% of the population in Eastwood Manor, IL, and this percentage has decreased by 3.6% 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 | 83.6% | -3.6% |
% Black | 0.5% | -37.5% |
% Hispanic | 10.2% | 4.1% |
% Asian | 2.4% | 71.4% |
% Foreign Born | 5.4% | -3.6% |
Mortgage and Risk — Eastwood Manor, IL
According to HUD data as of 2023, there were 569 mortgage originations in Eastwood Manor, IL, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Eastwood Manor, IL. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 569 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Eastwood Manor, IL
Eastwood Manor, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 75 |
Total Units Section 8 | 75 |
% Rentals under Section 8 | 3.9% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,620 | $1,780 |
| 2 Bedroom | $70 | $1,940 | $2,010 |
| 3 Bedroom | $580 | $2,000 | $2,580 |
| 4 Bedroom | N/A | N/A | $3,030 |
Affordability — Eastwood Manor, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $312,000 |
| Median Household Income | $104,000 |