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Market Snapshot

Median listing price
$529K

The median listing price in Bolingbrook, IL ZIP 60490 is $529,000 as of June 2026.

Median rent
$2,597/mo

The median market rent in Bolingbrook, IL ZIP 60490 is $2,597/month as of June 2026.

Days on market
324 days

The median days on market in Bolingbrook, IL ZIP 60490 is 324 days as of June 2026. The market is currently hot.

Gross rental yield
5.89%

At a median list price of $529,000 and a median rent of $2,597/month, the gross rental yield in Bolingbrook, IL ZIP 60490 is 5.89% as of June 2026.

STR vs LTR
$707/mo STR · $2,597/mo LTR

In Bolingbrook, IL ZIP 60490, median Airbnb revenue is $707/month compared to median long-term rent of $2,597/month as of June 2026.

Bolingbrook, IL 60490 Real Estate Market Report

ZIP Code: 60490

Report Date: June 2026

Market Temperature:
HOT

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
43
Active Listings
13
Sold Properties
30

Market Metrics

Median Listing Price
$529,000
Median Sold Price
$478,000
Median Price per Sqft
$198/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,597

Property Taxes

Property Tax Rate
2.48%

Liquidity & Velocity

Median Days on Market
324
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Bolingbrook, IL, are averaging 6.53%, reflecting a market where property owners who secured loans earlier in 2026 at lower rates are currently holding more favorable terms.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary market indicator, the $478,000 median sold price, suggests realized transaction values are substantially below asking expectations where the $529,000 median listing price exists, which may indicate pricing friction between sellers and recent buyers rather than broad market weakness.
  2. Despite strong demand signals (the market temperature is hot and the price year-over-year trend is up), sales velocity appears muted given the 324 median days on market, which may indicate slower sales velocity for certain property segments even as prices rise.
  3. Inventory conditions in the analyzed sample point to a relatively constrained active supply versus recent closed sales, supporting upward pressure on sold prices and suggesting sellers can still realize premium pricing where condition and pricing align; buyers should prepare for competitive offers on well-priced listings.
  4. Rising rents (median market rent $2,597 and rent year-over-year trend up) combined with elevated financing costs (current 30-year fixed rates averaging 6.53% and interest rate pressure elevated) create a mixed affordability picture that may sustain investor interest in rental properties while tempering some homeowner purchase capacity—this juxtaposition warrants caution around financing-dependent buyers.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

1887 Snead St, Bolingbrook, IL 60490
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

- beds3 baths3,989 sqft
$1,185,000
Apr 1, 2026
$297/sqft/sqft
10 Raes Creek Ct, Bolingbrook, IL 60490
Premium

Sold above market average

- beds3 baths3,749 sqft
$1,125,000
May 1, 2026
$300/sqft/sqft
305 Chick Evans St, Bolingbrook, IL 60490
Premium

Sold above market average

5 beds2 baths3,554 sqft
$815,000
May 1, 2026
$229/sqft/sqft
118 days on market
236 Jonathan Way, Bolingbrook, IL 60490
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths8,756 sqft
$505,000
Mar 1, 2026
$58/sqft/sqft
293 days on market
2267 Ryegrass Ln, Bolingbrook, IL 60490
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths2,166 sqft
$504,000
Apr 1, 2026
$233/sqft/sqft
189 days on market
1568 Woodland Ln, Bolingbrook, IL 60490
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds4 baths2,091 sqft
$501,000
Apr 1, 2026
$240/sqft/sqft
95 days on market
162 N Canyon Dr, Bolingbrook, IL 60490
Value

Sold below market average

4 beds3 baths2,417 sqft
$360,000
May 1, 2026
$149/sqft/sqft
312 days on market
1156 Partridge Ave, Bolingbrook, IL 60490
Premium

Sold above market average

3 beds3 baths1,479 sqft
$358,640
Mar 1, 2026
$242/sqft/sqft
154 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$955/mo
60490 Avg Rent
60490 Cost to Own
Rent$2,597
Own$3,552

20% down, 6.53% rate, 2.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

60490 Avg nightly rate
60490 Avg occupancy (days/year)
Nightly rate$116/night
Occupancy95 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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