Odell, IL—60460
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Odell, IL
As of Oct '25, the median home price in Odell, IL is $174,000, with a year-over-year change of 10.0%. This indicates that home prices in Odell, IL are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $174,000 | 10.0% |
| Single Family | $176,000 | 10.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $124,000 | 10.7% |
3 Bed | $183,000 | 9.6% |
4 Bed | $192,000 | 9.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Odell, IL
Odell, 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 — Odell, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Odell, IL is 89. This is a increase of 158.0% 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 | $304,000 | 38.0% |
Listing Count | 5 | 24.0% |
| Listings as % of Homes | 0.7% | 24.0% |
Days on Market | 89 | 158.0% |
Demographics — Odell, IL
As of the latest ACS Survey released in 2023, Odell, IL has a population of 1,310, which has decreased by -1.7% over the past 5 years. Odell, IL is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 15.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,310 | -1.7% |
% Under 18 | 24.7% | -2.8% |
% Seniors | 20.5% | 32.3% |
% WFH | 8.8% | 450.0% |
% w/ College Degree | 15.4% | -0.6% |
As of the latest ACS Survey released in 2023, Odell, IL is a predominantly white area, with 90.7% of the population identifying as white. The white population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in Odell, IL is hispanic, making up 6.3% of the population. Foreign-born residents account for 3.6% of the population in Odell, IL, and this percentage has increased by 227.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.7% | -8.3% |
% Black | 0.0% | N/A |
% Hispanic | 6.3% | 687.5% |
% Asian | 0.2% | ∞% |
% Foreign Born | 3.6% | 227.3% |
Mortgage and Risk — Odell, IL
According to HUD data as of 2023, there were 68 mortgage originations in Odell, IL, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Odell, IL. Investor activity is low, as 1.0% 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 | 68 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Odell, IL
Odell, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 17 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $890 |
| 2 Bedroom | N/A | N/A | $1,160 |
| 3 Bedroom | N/A | N/A | $1,490 |
| 4 Bedroom | N/A | N/A | $1,540 |
Affordability — Odell, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.6 |
| Median Home Price | $174,000 |
| Median Household Income | $88,000 |