All Countries
Waterman, IL
Full City Profile · Illinois · DeKalb County County
3.5
/5.0
B+
Good
1,419
Population
934/sq mi density
$97,386
Median Income
$40,005 per capita
$212,900
Home Value
$280,542 Zillow
$897
Median Rent
27.2% income on rent
48°F
Avg Temperature
275 sunny days/yr
98
Violent Crime/100K
488 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$97,386 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$212,900 home value, $897/mo rent
F
Safety
1.0 / 5.0
98 violent crimes/100K
B
Education
3.1 / 5.0
25.8% bachelor's degree or higher
Housing Overview
Median Home Value
$212,900
24% below
US avg: $281,900
Median Rent
$897/mo
23% below
US avg: $1,163/mo
Homeownership Rate
86.1%
32% above US avg (65.4%)
Total Housing Units
534
Median year built: 1971
Home Value by Source
Census Median
$212,900
Zillow (ZHVI)
$280,542
Median Sale Price
$355,000
Median List Price
$304,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
86.1%
Owner-Occupied
13.9%
Renter-Occupied
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:
$897/mo
Market Indicators (Redfin)
Median Days on Market
102 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
10.0%
of listings with price reduction
Price Per Sq Ft
$161
Active Inventory
10
homes for sale
Affordability & Housing Stock
Rent Burden
27.2%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
86.1%
Complete Housing Data
Home Values
| Census Median Value | $212,900 |
| Zillow Home Value (ZHVI) | $280,542 |
| Median Sale Price | $355,000 |
| Median List Price | $304,950 |
| Price Per Sq Ft | $161 |
Rent
| Census Median Rent | $897 |
| 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 Market | 102 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 10.0% |
| Homes Sold | 1 |
| Active Inventory | 10 |
| Price Per Sq Ft | $161 |
Ownership & Stock
| Owner-Occupied | 86.1% |
| Renter-Occupied | 13.9% |
| Homeownership Rate | 86.1% |
| Total Housing Units | 534 |
| Median Year Built | 1971 |
| Rent Burden | 27.2% |