West Dundee, IL—60118
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Dundee, IL
As of Nov '25, the median home price in West Dundee, IL is $399,000, with a year-over-year change of 4.3%. This indicates that home prices in West Dundee, IL are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $399,000 | 4.3% |
| Single Family | $414,000 | 4.0% |
| Condos | $194,000 | 4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $270,000 | 4.7% |
3 Bed | $352,000 | 3.8% |
4 Bed | $469,000 | 2.6% |
| 5 Bed | $540,588 | 2.1% |
% of Housing Stock
Rental Trends — West Dundee, IL
As of July '25, Rentcast reports the average rent in West Dundee, IL is $2,470, with a year-over-year rent change of 12.8%. Per bedroom, the median rent as of July '25 in West Dundee, IL is studios: $6,000, 1-bedrooms: $1,680, 2-bedrooms: $1,880, 3-bedrooms: $2,650, 4-bedrooms: $3,850. The most common rental property sizes in West Dundee, IL are 2-bedroom and 1-bedroom, accounting for 46.8% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,470 |
| Studio Rent | $6,000 | $6,000 |
| 1 Bed Rent | $1,680 | $1,680 |
| 2 Bed Rent | $1,880 | $1,880 |
| 3 Bed Rent | $2,600 | $2,650 |
| 4 Bed Rent | $3,700 | $3,850 |
% of Rental Stock
Property Listings — West Dundee, IL
As of Nov '25, Realtor.com reports that the median days on market for a home in West Dundee, IL is 50. This is a increase of 45.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $470,000 | 2.0% |
Listing Count | 58 | 12.0% |
| Listings as % of Homes | 0.6% | 12.0% |
Days on Market | 50 | 45.0% |
Demographics — West Dundee, IL
As of the latest ACS Survey released in 2023, West Dundee, IL has a population of 15,700, which has remained stable by -0.9% over the past 5 years. West Dundee, IL is a moderately popular place for families, as children make up 18.7% of the population. The area has a moderately educated workforce, with 43.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,700 | -0.9% |
% Under 18 | 18.7% | 1.1% |
% Seniors | 17.3% | -6.0% |
% WFH | 14.5% | 107.1% |
% w/ College Degree | 43.8% | 3.1% |
As of the latest ACS Survey released in 2023, West Dundee, IL is a predominantly white area, with 77.9% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in West Dundee, IL is hispanic, making up 13.4% of the population. Foreign-born residents account for 12.1% of the population in West Dundee, IL, and this percentage has increased by 45.8% 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 | 77.9% | -4.2% |
% Black | 3.0% | 130.8% |
% Hispanic | 13.4% | 38.1% |
% Asian | 3.3% | -50.7% |
% Foreign Born | 12.1% | 45.8% |
Mortgage and Risk — West Dundee, IL
According to HUD data as of 2023, there were 237 mortgage originations in West Dundee, IL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in West Dundee, IL. Investor activity is low, as 1.0% 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 | 237 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Rentals and Section 8 — West Dundee, IL
As of 2024, the percent of homes in West Dundee, IL under the Section 8 program is 4.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In West Dundee, IL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 73 |
Total Units Section 8 | 73 |
% Rentals under Section 8 | 4.1% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$130 | $1,680 | $1,550 |
| 2 Bedroom | -$130 | $1,880 | $1,750 |
| 3 Bedroom | -$350 | $2,600 | $2,250 |
| 4 Bedroom | -$1,060 | $3,700 | $2,640 |
Affordability — West Dundee, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $399,000 |
| Median Household Income | $105,000 |