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Berkeley, IL

Full City Profile · Illinois · Cook County County

3.3 /5.0
B Good
5,222 Population 3,730/sq mi density
$83,224 Median Income $35,867 per capita
$222,400 Home Value $287,478 Zillow
$1,292 Median Rent 31.5% income on rent
51°F Avg Temperature 275 sunny days/yr
119 Violent Crime/100K 1,266 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$83,224 median income, 1.6% unemployment
A+
Affordability
5.0 / 5.0
$222,400 home value, $1,292/mo rent
F
Safety
1.0 / 5.0
119 violent crimes/100K
C+
Education
2.7 / 5.0
20.7% bachelor's degree or higher

Housing Overview

Median Home Value
$222,400
21% below
US avg: $281,900
Median Rent
$1,292/mo
11% above
US avg: $1,163/mo
Homeownership Rate
84.0%
28% above US avg (65.4%)
Total Housing Units
1,956
Median year built: 1955

Home Value by Source

Census Median
$222,400
Zillow (ZHVI)
$287,478
Median Sale Price
$397,500
Median List Price
$267,999
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.0%
Owner-Occupied
16.0%
Renter-Occupied
84%
16%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,292/mo

Market Indicators (Redfin)

Median Days on Market
121 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
15.4%
of listings with price reduction
Price Per Sq Ft
$184
Active Inventory
13
homes for sale

Affordability & Housing Stock

Rent Burden
31.5%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
84.0%

Complete Housing Data

Home Values

Census Median Value$222,400
Zillow Home Value (ZHVI)$287,478
Median Sale Price$397,500
Median List Price$267,999
Price Per Sq Ft$184

Rent

Census Median Rent$1,292
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market121
Sale-to-List Ratio1.0%
Price Drops15.4%
Homes Sold2
Active Inventory13
Price Per Sq Ft$184

Ownership & Stock

Owner-Occupied84.0%
Renter-Occupied16.0%
Homeownership Rate84.0%
Total Housing Units1,956
Median Year Built1955
Rent Burden31.5%