Plano, IL 60545 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Plano, IL—60545

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$297,000

4.7% YoY Growth

Household Income

$84,900

17.1% YoY Growth

Days on Market

10.0% Longer YoY

Home Price Forecast

1.7%

Median Rent

$2,250

6.0% YoY Growth

1-Bed Rent

$1,020

15.0% YoY Growth

2-Bed Rent

$1,500

1.2% YoY Growth

3-Bed Rent

$2,320

2.7% YoY Growth

Home Price Trends — Plano, IL

As of Dec '25, the median home price in Plano, IL is $297,000, with a year-over-year change of 4.7%. This indicates that home prices in Plano, IL are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$297,000	4.7%
Single Family	$304,000	4.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Plano, IL

As of July '25, Rentcast reports the average rent in Plano, IL is $2,130, with a year-over-year rent change of 6.0%. Per bedroom, the median rent as of July '25 in Plano, IL is 1-bedrooms: $1,020, 2-bedrooms: $1,580, 3-bedrooms: $2,290, 4-bedrooms: $2,480. The most common rental property sizes in Plano, IL are 3-bedroom and 2-bedroom, accounting for 39.3% and 33.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,250	$2,130
Studio Rent	N/A	N/A
1 Bed Rent	$1,020	$1,020
2 Bed Rent	$1,500	$1,580
3 Bed Rent	$2,320	$2,290
4 Bed Rent	$2,510	$2,480

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% of Rental Stock

Studio

2.2%

1 Bedroom

10.2%

2 Bedrooms

33.5%

3 Bedrooms

39.3%

4 Bedrooms

7.3%

5+ Bedrooms

7.6%

Property Listings — Plano, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Plano, IL is 37. This is a decrease of -29.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$321,000	8.0%
Listing Count	31	-5.0%
Listings as % of Homes	0.6%	-5.0%
Days on Market	50	10.0%

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Demographics — Plano, IL

As of the latest ACS Survey released in 2023, Plano, IL has a population of 14,200, which has increased by 7.0% over the past 5 years. Plano, IL is a popular place for families, as children make up 26.3% of the population. The area has a moderately educated workforce, with 27.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	14,200	7.0%
% Under 18	26.3%	-9.3%
% Seniors	11.3%	11.9%
% WFH	6.5%	441.7%
% w/ College Degree	27.4%	37.7%

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As of the latest ACS Survey released in 2023, Plano, IL is a predominantly white area, with 59.1% of the population identifying as white. The white population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Plano, IL is hispanic, making up 33.8% of the population. Foreign-born residents account for 11.6% of the population in Plano, IL, and this percentage has increased by 11.5% 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	59.1%	-0.2%
% Black	3.8%	-61.2%
% Hispanic	33.8%	19.4%
% Asian	1.3%	62.5%
% Foreign Born	11.6%	11.5%

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Mortgage and Risk — Plano, IL

According to HUD data as of 2023, there were 287 mortgage originations in Plano, IL, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Plano, 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	287
% Conventional Loans	73.0%
% Government Loans	27.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Plano, IL

As of 2024, the percent of homes in Plano, IL under the Section 8 program is 3.2%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Plano, IL, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	29
Total Units Section 8	29
% Rentals under Section 8	3.2%
% Occupied Section 8	78.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$280	$1,020	$1,300
2 Bedroom	$210	$1,500	$1,710
3 Bedroom	$80	$2,320	$2,400
4 Bedroom	-$30	$2,510	$2,480

Plano, IL—60545

Key Metrics at a Glance

Home Price Trends — Plano, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Plano, IL

% of Rental Stock

Property Listings — Plano, IL

Demographics — Plano, IL

Race and Ethnicity

Mortgage and Risk — Plano, IL

Mortgages

Rentals and Section 8 — Plano, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Plano, IL

Home Price to Income Ratio

Plano, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Big Rock, IL

Bristol, IL

Sandwich, IL

Sugar Grove, IL

Yorkville, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.9
Median Home Price	$297,000
Median Household Income	$84,900

Plano, IL—60545

Key Metrics at a Glance

Home Price Trends — Plano, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Plano, IL

% of Rental Stock

Property Listings — Plano, IL

Demographics — Plano, IL

Race and Ethnicity

Mortgage and Risk — Plano, IL

Mortgages

Rentals and Section 8 — Plano, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Plano, IL

Home Price to Income Ratio

Plano, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Big Rock, IL

Bristol, IL

Sandwich, IL

Sugar Grove, IL

Yorkville, IL

Frequently Asked Questions

What is the average home price in Plano, IL 60545?

How have home prices in Plano, IL 60545 changed over the past year?

What is the home price projection for Plano, IL 60545?

What are the demographics of Plano, IL 60545?

How long does it take homes to sell in Plano, IL 60545?

What is the average rent price in Plano, IL 60545?