Robbins, Illinois Real Estate & Housing Market

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Robbins Housing Information

Index	Robbins	Illinois	National
Median home price	$72,500	$174,800	$184,700
Median rent asked	$844	$925	$949
Avg. people per household	2.7	2.6	2.6
Owner occupied households	44.8%	66.0%	63.6%
Renter occupied households	55.2%	34.0%	36.4%

The above shows an overview of the real estate market in Robbins, IL. Note how the median home price for Robbins, IL runs $72,500, which is 59% lower than the average property price for Illinois. So you’re going to get real estate in Robbins, IL that is on-average more affordable than what you’ll find in the rest of Illinois. As for rent, the median for Robbins, IL runs $844, which is comparatively 9% lower than the average rent for Illinois. For Robbins, IL, about 44.8% of the population consist of home owners with about 2.7 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Robbins, IL offers a wide variety of real estate. To find your perfect home in Robbins, IL, filter your choice by price, location, and number of beds and baths using the search area above.

Robbins Home Affordability

When deciding where to purchase Robbins, IL real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Robbins, IL the median home price is $72,500 and $30,490 is the median household income. As a result, the home price to income ratio in Robbins, IL is 2.4x, which is 19% lower than the Illinois average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Robbins, IL the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Robbins, IL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Hodgkins, IL	1,960	$32,300	83%
Dixmoor, IL	3,614	$44,200	76%
Ford Heights, IL	2,775	$58,800	68%
Sauk Village, IL	10,541	$69,100	63%
Phoenix, IL	2,042	$71,600	61%
Robbins, IL	5,216	$72,500	61%

Cities with similar population

City, State	Population	Home Price	National Avg.
Chackbay, LA	5,216	$137,200	26%
Salton City, CA	5,217	$86,600	53%
Manitou Springs, CO	5,217	$295,700	60%
Westwood, KY	5,215	$86,500	53%
Tipton, IN	5,217	$83,500	55%
Robbins, IL	5,216	$72,500	61%

Source: The Robbins, IL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).