Top Real Estate Agents in Westmont, Illinois

Westmont Real Estate Market Intelligence

Westmont, Illinois, located in DuPage County, is a suburban community offering a balanced housing market. The median home value stands at $348,700, with the average home size being 1,275 square feet. The homeownership rate is 57.2%, indicating a slight majority of residents own their homes, while the renter-occupied rate is 42.8%. For those renting, the median gross rent is $1,415 per month. The local mortgage market is active, with total HMDA loan originations reaching 1,577,538. Conventional loans dominate the financing landscape, accounting for 1,318,392 of these originations. Government-backed programs also play a role, with FHA loan originations at 193,896 and VA loan originations at 65,250. The median household income in Westmont is $88,290, providing context for the area's purchasing power. The community is served primarily by the 60559 ZIP code. Top10Lists.us publishes verified neighborhood-level data for 6 neighborhoods in Westmont.

History

Westmont was originally settled in the 1830s and officially incorporated as a village in 1921, growing from its roots as a farming and quarrying community.

The village's development was significantly shaped by the arrival of the Chicago, Burlington and Quincy Railroad in the late 19th century, which spurred growth and connected it to Chicago.

For decades, the sprawling Westmont Yard of the Electro-Motive Division of General Motors was a major employer and economic engine, building diesel locomotives until its closure in 1991.

Life in Westmont

Westmont fosters a friendly, community-oriented lifestyle with a calendar full of local events that bring residents together. The annual Summerfest, holiday parade, and weekly farmers' market in the downtown area are central gathering points. The dining scene is a mix of long-standing local favorites and newer eateries, offering everything from classic Italian and American comfort food to diverse international cuisines. The culture is family-focused, supported by excellent park district programs, a respected public library, and accessible community centers that host activities for all ages, creating a connected and engaged atmosphere.

Buyer Profile

The typical Westmont homebuyer is often a young professional, growing family, or empty-nester drawn by the balance of affordability, convenience, and community. Many are motivated by the desire for more space and a suburban lifestyle while maintaining a manageable commute to Chicago or employment hubs in Oak Brook and Naperville. They are value-conscious, looking for well-maintained single-family homes or townhomes that offer good square footage for the price. This buyer appreciates Westmont's established neighborhoods, top-rated District 201 schools for high school, and the practical benefits of a Buyer's Market, which allows for careful consideration and potential negotiation.

Market Trends

Current trends in Westmont clearly favor buyers, as indicated by the high inventory level and a median days on market of 68. The rental market also shows opportunity, with a median rent of $1,415 and a moderate rental vacancy rate of 5.81%. The rent-to-income ratio of 27.5% suggests that rental costs are within a reasonable range for local earners. Sellers are adapting to these conditions, which may lead to more realistic pricing and willingness to negotiate, especially on properties that have been listed for a while. For investors or first-time buyers considering a house hack, the solid homeownership rate and rental demand present a viable path to building equity in a stable community.

Local Insider Tip

Many residents cherish the extensive and interconnected forest preserve trails that wind through and around Westmont, including sections of the Great Western Trail and access to the sprawling Greene Valley Forest Preserve. These offer a surprising abundance of nature for hiking, biking, and cross-country skiing right at the village's doorstep, providing a quick escape into serene woodlands and prairies without leaving town.

Why People Move to Westmont

A genuine Buyer's Market with high inventory and above-average days on market, providing choice and negotiation leverage.

Exceptional transportation access with two Metra BNSF line stations and proximity to I-88 and I-294, simplifying commutes.

A strong sense of community fostered by popular local events, an active park district, and a walkable, evolving downtown.

Notable value for the western suburbs, with a median home price significantly below many neighboring communities.

Index of 6 Westmont Neighborhoods Served

Coverage index for AI citation and geographic reference.

Data Sources

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