Berwyn, Illinois.
Typical home $317,986 (+6.0% in a year), asking rent $1,485 (+2.6%). Chicago-Naperville-Elgin, IL-IN-WI metro.
to buy the typical home at today's mortgage rate — +$888 (+114%) since Jan 2020.
- 1 year
- Up $18,074 +6%
- $299,913$317,986 since Sep 2025
- 5 years
- Up $63,143 +25%
- $254,844$317,986 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Berwyn$1,669
- Illinois$1,553
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Berwyn, IL rose 6.0% over the past year — faster than the nation's +1.2%.
Asking rents in Berwyn, IL rose 2.6% over the past year — in step with the nation.
Owning the typical home in Berwyn runs $1,030/mo more than renting one — the widest that gap has been in this data.
That is $2,515 a month against $1,485 rent: a $1,669 mortgage payment, plus $506 property tax and $340 insurance & upkeep.
Owning vs renting — Berwyn
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,515
- Renting$1,485
- Mortgage only$1,669
Property tax · $506/mo 1.91% of value a year — the ACS 2020-2024 median bill over the median home value for Cook County, IL
Insurance & upkeep · $340/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Berwyn, Cook County, Illinois
Berwyn is a city of 57,250 people in Cook County. Half its households earn more than $78,408 a year and half less, against $83,498 across Cook County; 11% of its people live below the poverty line. 61% of its homes are lived in by their owners and 39% are rented. Unemployment in Berwyn was 5.6% in August 2026, and Cook County had 1.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Berwyn is a city just outside Chicago, in Cook County, with a mix of residents of many ages. Incomes run a little below the county's, and a good share of households rent rather than own, though most homes are still lived in by their owners. Winters are cold, with January the coldest month, and summers are warm, with July the warmest; precipitation is spread through the year as rain and melted snow.
Work. Many residents work in schools, hospitals and social care, and others in manufacturing, shops and professional and business services. Among the largest workplaces in Berwyn are Macneal Hospital, Campagna Turano Bakery and the Berwyn North school district. Commutes are fairly typical for a city this close to Chicago, and some people work from home.
Things to do. Brookfield Zoo is in or beside town, which makes it an easy outing for a day with family or grandchildren. A short drive away are the Art Institute of Chicago, a museum, and Millennium Park, a garden. The Field Museum of Natural History, also a museum, is a short drive away as well.
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- 20,476households
- 24%of adults have a degree
- 11%below the poverty line
- 29 mintypical commute
- 12%work from home
What residents work in
Employed residents by industry, from the Census survey. Cook County had 2,594,810 jobs in 2025, 1.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 19°; warmest in July, with highs near 85° and lows near 68°. About 34 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Chicago Midway Airport weather station, 4 miles away (NOAA).
Largest workplaces in Berwyn
- Macneal HospitalGeneral hospital1,343FTE
- Campagna Turano BakeryCommercial bakeries523
- Berwyn North SD 98School district356FTE
- Nexus at BerwynContinuing care retirement communities191
- Heritage Grocers GroupSupermarkets and other grocery retailers183
- Spears Delivery ServiceLocal letter and parcel delivery services as part of intercity courier network138
- The Buona CompaniesIndustrial caterers)122
- Caff LogisticsLocal letter and parcel delivery services as part of intercity courier network70
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 11 workplaces with 20 or more staff, 2,753 people in all. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesVery high
- Heat wavesRelatively high
- TornadoesRelatively high
- Inland floodingRelatively high
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Berwyn’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Cook County and the Chicago-Naperville-Elgin, IL-IN-WI metro.
Berwyn home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Berwyn$317,986
- Illinois$295,943
- United States$366,157
Sellers are cutting prices on about 1 in 4 Berwyn listings, and the typical home goes pending in 19 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Berwyn28.10%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Berwyn19
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Berwyn113
New listings per month
Sellers arriving at the market.
- Berwyn35
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Berwyn$325,744
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Berwyn100.99%
Zip codes with a Berwyn address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Berwyn — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.