Braceville, IL—60407
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Braceville, IL
As of Oct '25, the median home price in Braceville, IL is $219,000, with a year-over-year change of 3.6%. This indicates that home prices in Braceville, IL are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $219,000 | 3.6% |
| Single Family | $218,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $231,000 | 2.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Braceville, IL
Braceville, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Braceville, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Braceville, IL is 44. This is a increase of 161.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $297,000 | -28.0% |
Listing Count | 5 | 14.0% |
| Listings as % of Homes | 0.5% | 14.0% |
Days on Market | 44 | 161.0% |
Demographics — Braceville, IL
As of the latest ACS Survey released in 2023, Braceville, IL has a population of 1,720, which has increased by 1.6% over the past 5 years. Braceville, IL is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 9.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,720 | 1.6% |
% Under 18 | 26.5% | 13.7% |
% Seniors | 15.1% | 16.2% |
% WFH | 3.5% | 483.3% |
% w/ College Degree | 9.9% | 33.8% |
As of the latest ACS Survey released in 2023, Braceville, IL is a predominantly white area, with 86.5% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Braceville, IL is hispanic, making up 12.1% of the population. Foreign-born residents account for 0.6% of the population in Braceville, IL, and this percentage has decreased by 53.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 86.5% | -6.4% |
% Black | 0.0% | N/A |
% Hispanic | 12.1% | 112.3% |
% Asian | 0.4% | 33.3% |
% Foreign Born | 0.6% | -53.8% |
Mortgage and Risk — Braceville, IL
Braceville, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Braceville, IL
Braceville, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,200 |
| 2 Bedroom | N/A | N/A | $1,490 |
| 3 Bedroom | N/A | N/A | $1,950 |
| 4 Bedroom | N/A | N/A | $2,070 |
Affordability — Braceville, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $219,000 |
| Median Household Income | $81,800 |