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Westlake Village, IL

Full City Profile · Illinois · Winnebago County County

3.8 /5.0
B+ Good
1,282 Population 1,393/sq mi density
$143,424 Median Income $55,163 per capita
$210,900 Home Value $225,947 Zillow
49°F Avg Temperature 260 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$143,424 median income, 5.7% unemployment
A+
Affordability
5.0 / 5.0
$210,900 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B
Education
3.3 / 5.0
28.2% bachelor's degree or higher

Housing Overview

Median Home Value
$210,900
25% below
US avg: $281,900
Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
502
Median year built: 2003

Home Value by Source

Census Median
$210,900
Zillow (ZHVI)
$225,947
Median Sale Price
$293,500
Median List Price
$250,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

100.0%
Owner-Occupied
0.0%
Renter-Occupied
100%
0%
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

Market Indicators (Redfin)

Median Days on Market
53 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$151
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
29.3%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
2003
Average age of housing stock: 23 years
Homeownership Rate
100.0%

Complete Housing Data

Home Values

Census Median Value$210,900
Zillow Home Value (ZHVI)$225,947
Median Sale Price$293,500
Median List Price$250,000
Price Per Sq Ft$151

Rent

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 Market53
Sale-to-List Ratio1.0%
Price Drops25.0%
Homes Sold2
Active Inventory4
Price Per Sq Ft$151

Ownership & Stock

Owner-Occupied100.0%
Renter-Occupied0.0%
Homeownership Rate100.0%
Total Housing Units502
Median Year Built2003
Rent Burden29.3%