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Winfield, IL—60190

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$462,000
4.0% YoY Growth
Household Income
$147,000
37.7% YoY Growth
Days on Market
23
16.0% Longer YoY
Home Price Forecast
2.0%
Median Rent
$2,310
0.0% YoY Growth
1-Bed Rent
$2,200
6.3% YoY Growth
2-Bed Rent
$2,320
0.4% YoY Growth
3-Bed Rent
$3,000
7.2% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Winfield, IL

As of May '26, the median home price in Winfield, IL is $462,000, with a year-over-year change of 4.0%. This indicates that home prices in Winfield, IL are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$462,0004.0%
Single Family $477,0004.1%
Condos $284,0001.8%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$357,0002.6%
    3 Bed
    		$424,0002.4%
    4 Bed
    		$593,0005.0%
    5 Bed $792,9386.3%
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    % of Housing Stock

    Studio
    0.2%
    1 Bedroom
    1.1%
    2 Bedrooms
    23.1%
    3 Bedrooms
    35.9%
    4 Bedrooms
    33.1%
    5+ Bedrooms
    6.5%

    Rental Trends — Winfield, IL

    As of July '25, Rentcast reports the average rent in Winfield, IL is $2,480, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Winfield, IL is 1-bedrooms: $2,200, 2-bedrooms: $2,430, 3-bedrooms: $3,110, 4-bedrooms: $3,160. The most common rental property sizes in Winfield, IL are 2-bedroom and 3-bedroom, accounting for 56.9% and 22.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,310$2,480
    Studio Rent N/AN/A
    1 Bed Rent $2,200$2,200
    2 Bed Rent $2,320$2,430
    3 Bed Rent $3,000$3,110
    4 Bed Rent $2,980$3,160
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    % of Rental Stock

    1 Bedroom
    15.2%
    2 Bedrooms
    56.9%
    3 Bedrooms
    22.4%
    4 Bedrooms
    5.5%

    Property Listings — Winfield, IL

    As of May '26, Realtor.com reports that the median days on market for a home in Winfield, IL is 23. This is a increase of 16.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$462,00012.0%
    Listing Count
    		4415.0%
    Listings as % of Homes0.8%15.0%
    Days on Market
    		2316.0%
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    Demographics — Winfield, IL

    As of the latest ACS Survey released in 2023, Winfield, IL has a population of 11,900, which has increased by 7.1% over the past 5 years. Winfield, IL is a moderately popular place for families, as children make up 22.3% of the population. The area has a highly educated workforce, with 57.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		11,9007.1%
    % Under 18
    		22.3%19.3%
    % Seniors
    		20.5%13.9%
    % WFH
    		22.8%162.1%
    % w/ College Degree
    		57.1%0.2%
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    As of the latest ACS Survey released in 2023, Winfield, IL is a predominantly white area, with 78.3% of the population identifying as white. The white population has shrunk by 11.5% in the last 5 years. The second most common race or ethnicity in Winfield, IL is hispanic, making up 13.1% of the population. Foreign-born residents account for 7.7% of the population in Winfield, IL, and this percentage has decreased by 8.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		78.3%-11.5%
    % Black
    		1.6%-15.8%
    % Hispanic
    		13.1%219.5%
    % Asian
    		4.7%34.3%
    % Foreign Born
    		7.7%-8.3%
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    Mortgage and Risk — Winfield, IL

    According to HUD data as of 2023, there were 116 mortgage originations in Winfield, IL, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Winfield, IL. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		116
    % Conventional Loans
    		92.0%
    % Government Loans
    		8.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — Winfield, IL

    As of 2024, the percent of homes in Winfield, IL under the Section 8 program is 3.7%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Winfield, IL, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		15
    Total Units Section 8
    		15
    % Rentals under Section 8
    		3.7%
    % Occupied Section 8
    		90.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$160$2,200$2,040
    2 Bedroom$0$2,320$2,320
    3 Bedroom-$50$3,000$2,950
    4 Bedroom$510$2,980$3,490

    Affordability — Winfield, IL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.5
    Median Home Price$462,000
    Median Household Income$147,000

    Winfield, IL — ZIP Code Boundary Map

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    Frequently Asked Questions