House Prices

House Prices & Home Values Waterman, IL 2026


Average Data

average house price$327,934
average size per house2185 ft²
average price per ft²151 $ / ft²

04/05/2026 - The value range (VR) for house prices in Waterman, IL is $150/ sqft to $150/ sqft. An average home with 2185 sqft costs approximately $327,750 to $327,750. Waterman, IL includes 1 ZIP codes and it is located in DeKalb county. The lowest prices are found in ZIP 60556, while the highest are in ZIP 60556. The average price per sqare feet is $151. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Waterman

60556159 $ / ft²




Historical development of home values in Waterman

Year Estimated value (USD) Change vs. 2025
2010 $152,298 -53.6%
2011 $146,409 -55.4%
2012 $146,015 -55.5%
2013 $151,473 -53.8%
2014 $159,004 -51.5%
2015 $167,165 -49.0%
2016 $175,889 -46.4%
2017 $185,382 -43.5%
2018 $195,631 -40.3%
2019 $204,702 -37.6%
2020 $215,285 -34.4%
2021 $244,863 -25.3%
2022 $285,455 -13.0%
2023 $301,026 -8.2%
2024 $318,441 -2.9%
2025 $327,934 0.0%

Graph: estimated home values in Waterman over time (USD)



Example: 100% financing house in Waterman

Loan amount: $327,934

Interest rate: 6.00%

Fixed monthly payment: $1,966.13

Breakdown in the 1st month:
Interest portion: $1,639.67  –  Principal portion: $326.46

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,566.49 $4,027.07 $323,906.93
2 $19,318.11 $4,275.45 $319,631.48
3 $19,054.41 $4,539.15 $315,092.33
4 $18,774.45 $4,819.11 $310,273.22
5 $18,477.21 $5,116.35 $305,156.87
6 $18,161.65 $5,431.91 $299,724.96
7 $17,826.62 $5,766.94 $293,958.02
8 $17,470.93 $6,122.63 $287,835.39
9 $17,093.30 $6,500.26 $281,335.13
10 $16,692.38 $6,901.18 $274,433.95
11 $16,266.73 $7,326.83 $267,107.11
12 $15,814.82 $7,778.74 $259,328.37
13 $15,335.05 $8,258.51 $251,069.86
14 $14,825.68 $8,767.88 $242,301.98
15 $14,284.90 $9,308.66 $232,993.32
16 $13,710.76 $9,882.80 $223,110.52
17 $13,101.21 $10,492.35 $212,618.17
18 $12,454.06 $11,139.50 $201,478.67
19 $11,767.00 $11,826.56 $189,652.11
20 $11,037.57 $12,555.99 $177,096.12
21 $10,263.14 $13,330.42 $163,765.70
22 $9,440.95 $14,152.61 $149,613.09
23 $8,568.05 $15,025.51 $134,587.58
24 $7,641.31 $15,952.25 $118,635.33
25 $6,657.41 $16,936.15 $101,699.18
26 $5,612.82 $17,980.74 $83,718.44
27 $4,503.81 $19,089.75 $64,628.69
28 $3,326.40 $20,267.16 $44,361.53
29 $2,076.36 $21,517.20 $22,844.33
30 $749.23 $22,844.33 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Waterman, IL


1500 sqft3900 sqft
Ø selling price$274,066$583,011
Ø fast selling$249,151$524,710
Ø high price sale$298,980$641,313

In 2026, houses in Waterman, IL will be offered at an average price of $151 per square foot. A 1,500 sqft home priced at $274,066 is 24.24% more expensive per square foot than a 3,900 sqft home priced at $583,011. Home prices in Waterman, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $403,624. Sellers who can wait longer may achieve a higher price of up to $493,318.


Discover Waterman, IL

Waterman, IL, in DeKalb County, is a welcoming Midwest village known for friendly community, open skies, and deep agricultural roots.

Small-Town Charm and Location

Situated along U.S. Route 30, it offers convenient access to DeKalb, Sycamore, and the western Chicago suburbs. Nearby attractions include the natural getaway of Shabbona Lake State Park for fishing, hiking, and year-round recreation.

Things to Do

Visitors love family-friendly events like the Waterman Lions Summerfest and Antique Tractor Show that showcase local heritage and small-town fun. At Lions Community Park, the charming Waterman & Western Railroad miniature train delights kids and railfans during seasonal runs.
Local farms and the area?s wineries offer agritourism experiences, tastings, and fresh-from-the-field produce.

Living and Community

For residents, Waterman, IL features quiet neighborhoods, community pride, and access to the well-regarded Indian Creek Community Unit District 425 schools. Housing options range from historic homes near downtown to newer builds with spacious yards, appealing to first-time buyers and growing families.

Travel and Access

Commuters appreciate proximity to I-88 via nearby corridors and the Metra UP?West line in Elburn for easy trips into Chicago. Whether you?re planning a weekend visit or a long-term move, Waterman, Illinois offers authentic Midwest living with modern convenience and plenty of room to breathe.



FAQ – Home Values in Waterman

What is the median home value in Waterman in 2026?

In 2026, the typical home value in Waterman is about $327,934 for an average home size of 2185 square feet. This corresponds to an average price of roughly $151 per square foot.

What is the average cost per square foot in Waterman?

In 2026, homes in Waterman sell for an average of around $151 per square foot, with a typical range between $150 and $150 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Waterman is about 2185 square feet, with an estimated 2026 value around $327,934.



Locations close to Waterman, IL

Wedron, IL85 $ / ft²
Western Springs, IL271 $ / ft²
Westmont, IL182 $ / ft²
Warrenville, IL170 $ / ft²
Sugar Grove, IL130 $ / ft²
Steward, IL93 $ / ft²
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