Maple Park, IL60151

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$396,000
5.8% YoY Growth
Median Household Income
$122,000
36.4% 5-Year Growth
Days on Market
36
15.0% Shorter than last year
Home Price Forecast
1.3%
Median Rent
$1,600
24.3% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,480
24.3% YoY Growth
3-Bed Rent
$1,600
N/A

Property Listings — Maple Park, IL

As of Aug '25 and according to Realtor.com, the median days on market for a home in Maple Park, IL is 36. This is an decrease of -15.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 200.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$325,000-32.0%
Listing Count
22N/A
Listings as % of Homes0.5%N/A
Days on Market
36-15.0%
Loading chart...

Demographics — Maple Park, IL

MetricLatest CensusYoY % Change
Population
4,3006.7%
% Under 18
18.8%-9.6%
% Under 5N/AN/A
% Seniors
16.0%20.3%
% WFH
12.6%215.0%
% w/ College Degree
32.6%44.2%
Loading chart...

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
88.5%-5.1%
% Black
0.4%-66.7%
% Hispanic
8.5%157.6%
% Asian
0.4%0.0%
% Foreign Born
3.1%72.2%
Loading chart...

Mortgage and Risk — Maple Park, IL

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Maple Park, IL in that year was 81. 86.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 55.0%. Of those, 16.0% were >90% loan to value. This is considered elevated, suggesting that mortgage risk is medium in Maple Park, IL. Investor activity in Maple Park, IL is low, as 1.0% of all loans are originated by investors. In 2023, 19.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
81N/AN/A
% Conventional Loans
86.0%N/AN/A
% Government Loans
14.0%N/AN/A
% Investor Loans
1.0%N/AN/A
% Second Loans
1.0%N/AN/A
% Cash Out Refinance
19.0%N/AN/A
Loading chart...
Loading chart...
Loading chart...

Rentals and Section 8 — Maple Park, IL

As of 2024, the percent of homes in Maple Park, IL under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

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

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,780
2 Bedroom$610$1,480$2,090
3 Bedroom$1,120$1,600$2,720
4 BedroomN/AN/A$3,240

Affordability — Maple Park, IL

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.8N/AN/A
Median Home Price$396,000N/AN/A
Median Household Income$122,000N/AN/A

Maple Park, IL — ZIP Code Boundary Map

Loading map...