Mazon, IL—60444
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mazon, IL
As of Oct '25, the median home price in Mazon, IL is $268,000, with a year-over-year change of 1.8%. This indicates that home prices in Mazon, IL are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $268,000 | 1.8% |
| Single Family | $269,000 | 1.1% |
| 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 | $242,000 | 3.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mazon, IL
Mazon, 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 — Mazon, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Mazon, IL is 49. This is a decrease of -47.0% from last year, suggesting that homes are sitting on the market shorter 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 | $372,000 | 23.0% |
Listing Count | 7 | 20.0% |
| Listings as % of Homes | 1.2% | 20.0% |
Days on Market | 49 | -47.0% |
Demographics — Mazon, IL
As of the latest ACS Survey released in 2023, Mazon, IL has a population of 1,990, which has increased by 15.4% over the past 5 years. Mazon, IL is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 19.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,990 | 15.4% |
% Under 18 | 25.7% | 9.4% |
% Seniors | 12.0% | -4.0% |
% WFH | 1.9% | -58.7% |
% w/ College Degree | 19.4% | -9.8% |
As of the latest ACS Survey released in 2023, Mazon, IL is a predominantly white area, with 92.8% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Mazon, IL is hispanic, making up 5.5% of the population. Foreign-born residents account for 2.7% of the population in Mazon, IL, and this percentage has decreased by 10.0% 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 | 92.8% | 0.4% |
% Black | 0.0% | N/A |
% Hispanic | 5.5% | -5.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.7% | -10.0% |
Mortgage and Risk — Mazon, IL
According to HUD data as of 2023, there were 48 mortgage originations in Mazon, IL, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Mazon, IL. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 48 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Mazon, IL
Mazon, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 8.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,030 |
| 2 Bedroom | N/A | N/A | $1,350 |
| 3 Bedroom | N/A | N/A | $1,760 |
| 4 Bedroom | N/A | N/A | $1,790 |
Affordability — Mazon, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $268,000 |
| Median Household Income | $88,800 |