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Featured local agent — Berwyn, IL
Sarah Mitchell
Compass Real Estate · Berwyn, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Berwyn, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$377,450median sale price
How is the Berwyn, IL housing market right now?
The median home sale price in Berwyn, IL is $377,450, up 34.8% year-over-year. Homes sell in an average of 53 days with 113 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Berwyn a buyer's or seller's market?
Berwyn, IL is currently a balanced market, based on 3.0 months of supply and homes selling in about 53 days. How we determine this →
Homes sold
38
Last 12 weeks
Days on market
53
Average pace
Active listings
113
3.0 months supply
Sale-to-list
100.8%
Above asking
What does the Berwyn housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $377,450 |
| Median list price | $382,500 |
| Year-over-year price change | +34.8% |
| Average days on market | 53 days |
| Active inventory | 113 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 100.8% |
| Median price per sq ft | $207/sq ft |
| Homes sold (latest month) | 38 |
| New listings (latest month) | 50 |
| Listings with a price cut | 14.2% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Berwyn by property type?
How the Berwyn, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $345,000 | $217/sq ft | 29 | 53 days |
| Condo / Co-op | $120,000 | $171/sq ft | 1 | 194 days |
Source: Redfin · Updated monthly
The Berwyn housing market is currently classified as a balanced market with a median sale price of $377,450. Prices have risen 34.8% compared to last year, with homes spending an average of 53 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Berwyn
There are currently 113 homes listed for sale in Berwyn, Illinois. The median listing price is $382K.
Active listings
113
Homes on market
Median list price
$382K
Avg. days on market
53
Days until sale
New this week
50
Newly listed
Who lives in Berwyn?
Population
55,888
Median income
$75,235/yr
Median age
36.4 years
Owner-occupied
61.1%
College grads
25.4%
Avg commute
29.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Berwyn?
Zillow home value
$325,587
Zillow rent index
$1,472/mo
Price-to-rent ratio
18.4x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Berwyn?
Berwyn is a community of approximately 56K residents with a median age of 36.4 years.The median household income is $75,235, which reflects a relatively affluent area with strong earning potential. 25.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 61.1%, showing a blend of owner and renter-occupied properties. The average commute time is 29.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Berwyn offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Berwyn?
13 schools tracked · 9,028 students
The largest public schools serving Berwyn, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
J Sterling Morton West High Sch
Grades 9-12 · 3,497 students
Lincoln Middle School
Grades 6-8 · 791 students
Prairie Oak School
Grades PK-5 · 724 students
Freedom Middle School
Grades 6-8 · 502 students
Karel Havlicek Elem School
Grades PK-5 · 502 students
Jefferson Elem School
Grades PK-5 · 466 students
Heritage Middle School
Grades 6-8 · 462 students
Irving Elem School
Grades PK-5 · 450 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Berwyn, IL?
Want a head-to-head view? Compare Berwyn side-by-side with any other U.S. city using our market-comparison tool.
Is Berwyn a good real estate investment market?
For investors evaluating Berwyn, the price-to-rent ratio of 18.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 34.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Berwyn's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Berwyn's median home price.
Frequently asked questions
What is the average home price in Berwyn?
The median home sale price in Berwyn is $377,450, up 34.8% from last year.
How long do homes stay on market in Berwyn?
Homes typically spend 53 days on market before going under contract.
What is the median income in Berwyn?
The median household income is $75,235 per year.
Is Berwyn a buyer's or seller's market?
With 3.0 months of supply, Berwyn is currently a balanced market.
What is the Zillow home value estimate for Berwyn?
The Zillow Home Value Index (ZHVI) for Berwyn is $325,587, representing the typical home value in the area.
What is the median condo price in Berwyn?
The median condo/co-op sale price in Berwyn, IL is $120,000, compared to $345,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Berwyn?
The median single-family home price in Berwyn, IL is $345,000 (about $217 per square foot).
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