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Advertise here →Berkeley, IL · Market Data
Berkeley, Illinois real estate market data.
Real estate market data for Berkeley, IL (Cook County) — Census median home value $222,400, county listing prices up about 2.2% over the past year.
Berkeley, IL is in Cook County, Illinois — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 5,222, with a median household income of $83,224. Census data puts Berkeley's median home value at $222,400 (all owner-occupied homes); Cook County's current median listing price runs $352,450, up about 2.2% over the past year.
At a glance
Berkeley market snapshot
Population
5,222
Median Household Income
$83,224
Median Home Value (city)
$222,400
Median Listing Price (Cook County)
$352,450
Median Gross Rent
$1,292/mo
Price Trend (YoY)
+2.2%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Berkeley different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Berkeley's median home value — across all owner-occupied homes, not just recent sales — at $222,400. Separately, Cook County's current median listing price (via Realtor.com data, 2026-06-01) runs $352,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Cook County's FHFA house price index shows a 5.52% annual change in 2025.
Population & Income
Berkeley has an estimated population of 5,222 and a median household income of $83,224, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Berkeley's Census-reported median home value works out to about 2.7x the area's median household income, and median gross rent runs roughly 19% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Berkeley FAQ
What are home values like in Berkeley, IL?
The Census Bureau's American Community Survey puts Berkeley's median home value at $222,400. Cook County's current median listing price runs $352,450, up about 2.2% over the past year.
What is the population of Berkeley, IL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Berkeley's population at approximately 5,222.
What's the median rent in Berkeley, IL?
The Census ACS estimates median gross rent in Berkeley at approximately $1,292 per month.
What is the median household income in Berkeley, IL?
Census ACS data puts the median household income in Berkeley at approximately $83,224.
Is the Berkeley housing market growing?
Cook County's FHFA house price index shows a 5.52% annual change in 2025.
Is Berkeley, IL affordable relative to income?
Census ACS data puts Berkeley's median home value at about 2.7 times the median household income, with median gross rent equal to roughly 19% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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