West Rogers Park, Chicago, IL60659

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$344,000
1.1% YoY Growth
Median Household Income
$70,000
36.3% 5-Year Growth
Days on Market
27
53.0% Shorter than last year
Home Price Forecast
1.1%
Median Rent
$1,750
7.1% YoY Growth
1-Bed Rent
$1,420
4.4% YoY Growth
2-Bed Rent
$1,750
7.2% YoY Growth
3-Bed Rent
$2,400
12.6% YoY Growth

Property Listings — West Rogers Park, Chicago, IL

As of Aug '25 and according to Realtor.com, the median days on market for a home in West Rogers Park, Chicago, IL is 27. This is an decrease of -53.0% 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 24.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$350,00053.0%
Listing Count
54N/A
Listings as % of Homes0.4%N/A
Days on Market
27-53.0%
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Demographics — West Rogers Park, Chicago, IL

MetricLatest CensusYoY % Change
Population
42,0002.3%
% Under 18
27.5%11.3%
% Under 5N/AN/A
% Seniors
14.3%27.7%
% WFH
13.3%250.0%
% w/ College Degree
40.2%11.7%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
35.3%-11.3%
% Black
8.8%-12.9%
% Hispanic
22.7%18.2%
% Asian
28.9%8.6%
% Foreign Born
42.3%-9.4%
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Mortgage and Risk — West Rogers Park, Chicago, 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 West Rogers Park, Chicago, IL in that year was 236. 94.0% 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 73.0%. Of those, 25.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in West Rogers Park, Chicago, IL. Investor activity in West Rogers Park, Chicago, IL is low, as 6.0% of all loans are originated by investors. In 2023, 4.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
236N/AN/A
% Conventional Loans
94.0%N/AN/A
% Government Loans
6.0%N/AN/A
% Investor Loans
6.0%N/AN/A
% Second Loans
1.0%N/AN/A
% Cash Out Refinance
4.0%N/AN/A
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Rentals and Section 8 — West Rogers Park, Chicago, IL

As of 2024, the percent of homes in West Rogers Park, Chicago, IL under the Section 8 program is 6.0%. This is considered low, suggesting that the neighborhood is sparsely 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
480
Total Units Section 8
431
% Rentals under Section 8
6.0%
% Occupied Section 8
86.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$170$1,420$1,590
2 Bedroom$50$1,750$1,800
3 Bedroom-$90$2,400$2,310
4 Bedroom-$1,480$4,200$2,720

Affordability — West Rogers Park, Chicago, IL

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio4.7N/AN/A
Median Home Price$344,000N/AN/A
Median Household Income$70,000N/AN/A

West Rogers Park, Chicago, IL — ZIP Code Boundary Map

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