Waddams, IL housing market
Home prices around Waddams have risen about 51% over the past 5 years.
Home values, sales, trends and how Waddams compares with the towns next door — updated as new data is published.
Home prices up 51% in 5 years
The federal house price index for the ZIP codes around Waddams rose 51% over the past 5 years, faster than across Illinois (47%). Last year prices rose 11%.
Show as a table
| Year | Change that year | Since 2000 | Illinois since 2000 |
|---|---|---|---|
| 2025 | +11% | +81% | +96% |
| 2024 | +8.2% | +63% | +85% |
| 2023 | −7.6% | +50% | +73% |
| 2022 | +30% | +63% | +61% |
| 2021 | +4.7% | +26% | +44% |
| 2020 | +9.4% | +20% | +33% |
| 2019 | −1.8% | +9.7% | +32% |
| 2018 | +4.2% | +12% | +28% |
| 2017 | −1.8% | +7.2% | +25% |
| 2016 | +10% | +9.1% | +22% |
| 2015 | −3.8% | −0.9% | +19% |
| 2014 | −1.6% | +3% | +15% |
| 2013 | −2.3% | +4.7% | +11% |
| 2012 | −0.8% | +7.2% | +11% |
| 2011 | −4% | +8.1% | +14% |
| 2010 | −3.9% | +13% | +21% |
| 2009 | −1.9% | +17% | +29% |
| 2008 | +0.8% | +19% | +40% |
| 2007 | +1.7% | +18% | +45% |
| 2006 | +10% | +16% | +43% |
| 2005 | −1.2% | +5.6% | +35% |
| 2004 | +4.6% | +6.9% | +24% |
| 2003 | +0.6% | +2.2% | +15% |
| 2002 | +1.6% | +1.6% | +11% |
| 2001 | 0% | 0% | +5.6% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 61048, 61050, 61032, 61089, 61060, covering 59% of Waddams’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Waddams and its neighbors
| Town | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|
| Waddams | +10.9%† | $930 | $90,833 |
| Buckeye | +11.5%† | $920 | $76,094 |
| West Point | +10.7%† | $930 | $79,476 |
| Erin | +10.9%† | $920 | $84,688 |
| Harlem | +11.4%† | $920 | $95,000 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $930
HUD's Fair Market Rent for a two-bedroom in Waddams is $930 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $700 · 4 bedrooms $1,360
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61032, 61048, 61050, 61060, 61089; Jo Daviess County, IL), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.