Waltham, IL—61373
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waltham, IL
Waltham, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $255,000 | 7.1% |
| Single Family | $259,000 | 8.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $275,000 | 5.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waltham, IL
As of July '25, Rentcast reports the average rent in Waltham, IL is $1,480, with a year-over-year rent change of 5.0%. Per bedroom, the median rent as of July '25 in Waltham, IL is 1-bedrooms: $1,110, 2-bedrooms: $1,520, 3-bedrooms: $1,980. The most common rental property sizes in Waltham, IL are 2-bedroom and 3-bedroom, accounting for 50.7% and 31.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,480 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,050 | $1,110 |
| 2 Bed Rent | $1,700 | $1,520 |
| 3 Bed Rent | $1,950 | $1,980 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Waltham, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Waltham, IL is 108. This is a increase of 317.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 52.0% |
Listing Count | 6 | -4.0% |
| Listings as % of Homes | 0.8% | -4.0% |
Days on Market | 108 | 317.0% |
Demographics — Waltham, IL
As of the latest ACS Survey released in 2023, Waltham, IL has a population of 2,120, which has remained stable by -0.7% over the past 5 years. Waltham, IL is a popular place for families, as children make up 26.7% of the population. The area has a poorly educated workforce, with 23.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,120 | -0.7% |
% Under 18 | 26.7% | 23.6% |
% Seniors | 16.0% | -14.0% |
% WFH | 11.7% | 350.0% |
% w/ College Degree | 23.8% | 10.2% |
As of the latest ACS Survey released in 2023, Waltham, IL is a predominantly white area, with 94.6% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Waltham, IL is hispanic, making up 2.1% of the population. Foreign-born residents account for 2.7% of the population in Waltham, IL, and this percentage has increased by 12.5% 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 | 94.6% | -0.3% |
% Black | 0.0% | N/A |
% Hispanic | 2.1% | -4.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.7% | 12.5% |
Mortgage and Risk — Waltham, IL
Waltham, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Waltham, IL
Waltham, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $1,050 | $1,000 |
| 2 Bedroom | -$390 | $1,700 | $1,310 |
| 3 Bedroom | -$190 | $1,950 | $1,760 |
| 4 Bedroom | N/A | N/A | $1,980 |
Affordability — Waltham, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $255,000 |
| Median Household Income | $103,000 |