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Waterman Housing Market Report

August 2026 • Updated daily from MLS data

$359,251
Average Price
10
Active Listings
42
Avg Days on Market
$218
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Waterman broken down by property type

10
Single Family
View listings
0
Condo
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0
Townhouse
View listings
0
Multifamily
View listings

Price Distribution

How Waterman home prices are distributed across price ranges

Under $100K
0
$100K–$200K
0
$200K–$300K
2
2
$300K–$500K
7
7
$500K–$750K
1
1
$750K–$1M
0
$1M+
0

Listings by Bedrooms

Bedroom count breakdown for active listings in Waterman

0
1 Bed
0
2 Bed
8
3 Bed
2
4 Bed
0
5+ Bed

Demographics & Community

Census data for Waterman, Illinois

1,510
Population
$87,292
Median Household Income
36.2
Median Age
$194,100
Census Median Home Value

Housing Occupancy

Total Housing Units534
Owner-Occupied430 (83.2%)
Renter-Occupied87 (16.8%)
Vacant Units17
Median Rent$853/mo

Commute & Education

Median Commute744 min
Work From Home2.8%
0
Bachelor's Degree+14.6%
High School Diploma+2.3%

Affordability & Housing Costs

HUD data for the Waterman area

Fair Market Rent (2024)

Studio$899/mo
1 Bedroom$1,014/mo
2 Bedroom$1,327/mo
3 Bedroom$1,870/mo
4 Bedroom$2,252/mo

Income Limits (2024)

Median Family Income$92,600
Low Income (4-person)$74,100
Very Low Income (4-person)$46,300
Extremely Low (4-person)$31,200

Safety & Crime Statistics

Crime data for Waterman (2023)

0
Violent Crimes
1
Property Crimes
1
Burglaries
0
Vehicle Thefts

School Districts

School districts serving Waterman properties

425

Featured Listings in Waterman

Top properties currently on the market

435 Hickory
$334,900
3
2
1,602 sqft
435 Hickory
Waterman, IL
8086 Kane
$685,000
3
2
1,456 sqft
8086 Kane
Waterman, IL
217 Buchanan
$299,490
3
3
1,507 sqft
217 Buchanan
Waterman, IL
703 Kennedy
$325,000
3
3
2,082 sqft
703 Kennedy
Waterman, IL
219 Buchanan
$347,490
4
4
1,825 sqft
219 Buchanan
Waterman, IL
214 Buchanan
$380,990
4
3
2,170 sqft
214 Buchanan
Waterman, IL
View All Waterman Properties

Save $8,378 on the Average Waterman Home

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