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Featured local agent — Maywood, IL
Sarah Mitchell
Compass Real Estate · Maywood, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Maywood, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$269,950median sale price
How is the Maywood, IL housing market right now?
The median home sale price in Maywood, IL is $269,950, down 17.6% year-over-year. Homes sell in an average of 53 days with 75 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 Maywood a buyer's or seller's market?
Maywood, IL is currently a balanced market, based on 4.7 months of supply and homes selling in about 53 days. How we determine this →
Homes sold
16
Last 12 weeks
Days on market
53
Average pace
Active listings
75
4.7 months supply
Sale-to-list
100.2%
Above asking
What does the Maywood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $269,950 |
| Median list price | $325,000 |
| Year-over-year price change | -17.6% |
| Average days on market | 53 days |
| Active inventory | 75 listings |
| Months of supply | 4.7 months |
| Sale-to-list price ratio | 100.2% |
| Median price per sq ft | $197/sq ft |
| Homes sold (latest month) | 16 |
| New listings (latest month) | 20 |
| Listings with a price cut | 14.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Maywood by property type?
How the Maywood, 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 | $280,000 | $194/sq ft | 14 | 56 days |
| Condo / Co-op | $259,620 | $200/sq ft | 1 | 1033 days |
| Townhouse | $205,000 | $197/sq ft | 2 | 28 days |
Source: Redfin · Updated monthly
The Maywood housing market is currently classified as a balanced market with a median sale price of $269,950. Prices have fallen 17.6% compared to last year, with homes spending an average of 53 days on market, indicating 4.7 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 3.8x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Maywood
There are currently 75 homes listed for sale in Maywood, Illinois. The median listing price is $325K.
Active listings
75
Homes on market
Median list price
$325K
Avg. days on market
53
Days until sale
New this week
20
Newly listed
Who lives in Maywood?
Population
23,173
Median income
$66,498/yr
Median age
35.1 years
Owner-occupied
60.5%
College grads
16.7%
Avg commute
32.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Maywood?
Zillow home value
$255,926
Zillow rent index
$1,414/mo
Price-to-rent ratio
15.1x
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Maywood?
Maywood is a community of approximately 23K residents with a median age of 35.1 years.The median household income is $66,498, which represents a working-class community with solid middle-income opportunities. 16.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 60.5%, showing a blend of owner and renter-occupied properties. The average commute time is 32.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Maywood offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Maywood?
19 schools tracked · 3,803 students
The largest public schools serving Maywood, 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.
Proviso East High School
Grades 9-12 · 1,703 students
Irving Middle School
Grades 5-8 · 496 students
Garfield Elem School
Grades PK-6 · 493 students
Lincoln Elem School
Grades PK-5 · 426 students
Emerson Elem School
Grades PK-5 · 360 students
Washington Dual Language Academy
Grades PK-8 · 325 students
Morton Alternative Schools
Grades 9-12
West 40-Sr. Plus
Grades 12
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 Maywood, IL?
Want a head-to-head view? Compare Maywood side-by-side with any other U.S. city using our market-comparison tool.
Is Maywood a good real estate investment market?
For investors evaluating Maywood, the price-to-rent ratio of 15.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 17.6% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Maywood's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Maywood's median home price.
Frequently asked questions
What is the average home price in Maywood?
The median home sale price in Maywood is $269,950, down 17.6% from last year.
How long do homes stay on market in Maywood?
Homes typically spend 53 days on market before going under contract.
What is the median income in Maywood?
The median household income is $66,498 per year.
Is Maywood a buyer's or seller's market?
With 4.7 months of supply, Maywood is currently a balanced market.
What is the Zillow home value estimate for Maywood?
The Zillow Home Value Index (ZHVI) for Maywood is $255,926, representing the typical home value in the area.
What is the median condo price in Maywood?
The median condo/co-op sale price in Maywood, IL is $259,620, compared to $280,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Maywood?
The median single-family home price in Maywood, IL is $280,000 (about $194 per square foot).
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