Housing in Bourbonnais, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$309,500

Median List Price

$259,900

Price Per Sq Ft

$160

Days on Market

46

Active Inventory

42

Months of Supply

5.3

Balanced market

Zillow Home Value

$286,338

ZHVI — January 2026

Zillow Rent Index

$1,488

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 24.3%List Price 8.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Off Market in 2 Weeks

25.0%

Sale-to-List Ratio

101.5%

Seller's market

Sold Above Asking
50.0%
Under Contract in 2 Wks
25.0%
Listings with Price Drops
19.1%

Market Activity

Source: Redfin

Homes Sold

8

New Listings

17

Pending Sales

16

Homes Sold 55.6%New Listings 5.6%Pending 23.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$160

Median List $/SF

$192

Sale $/SF 6.0%List $/SF 20.8%Mar 24Jan 26

Bourbonnais vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Bourbonnais is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$242,600

Median Rent

$1,132

Total Housing Units

6,500

Vacancy Rate

7.3%

Owner Occupied

70.2%

Renter Occupied

29.8%

Median Property Tax

$5,425

per year

Monthly Cost (w/ Mortgage)

$1,532

Housing Types

Single Family
73.8%
Multi-Family
26.3%
Mobile Home
0.0%

The current median sale price in Bourbonnais, IL is $309,500 according to Redfin data. Homes spend a median of 46 days on the market. 50.0% of homes sold above asking price. The market has 5.3 months of supply. The median price per square foot is $160. Zillow's observed rent index is $1,488/month. About 70.2% of housing units are owner-occupied. The median year homes were built is 1979. There are 6,500 total housing units.