Somonauk, IL60552

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$317,000
8.2% YoY Growth
Median Household Income
$122,000
58.2% 5-Year Growth
Days on Market
46
7.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$1,200
45.5% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,200
N/A
3-Bed Rent
N/A
N/A

Property Listings — Somonauk, IL

As of Oct '25, Realtor.com reports that the median days on market for a home in Somonauk, IL is 46. This is a increase of 7.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$281,000-17.0%
Listing Count
16-16.0%
Listings as % of Homes0.7%-16.0%
Days on Market
467.0%
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Demographics — Somonauk, IL

As of the latest ACS Survey released in 2023, Somonauk, IL has a population of 4,590, which has increased by 4.3% over the past 5 years. Somonauk, IL is a moderately popular place for families, as children make up 15.3% of the population. The area has a moderately educated workforce, with 30.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,5904.3%
% Under 18
15.3%-21.1%
% Seniors
19.5%29.1%
% WFH
9.6%174.3%
% w/ College Degree
30.3%39.0%
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As of the latest ACS Survey released in 2023, Somonauk, IL is a predominantly white area, with 92.1% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Somonauk, IL is hispanic, making up 2.7% of the population. Foreign-born residents account for 3.6% of the population in Somonauk, IL, and this percentage has increased by 56.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
92.1%-3.1%
% Black
1.5%400.0%
% Hispanic
2.7%12.5%
% Asian
0.6%-50.0%
% Foreign Born
3.6%56.5%
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Mortgage and Risk — Somonauk, IL

According to HUD data as of 2023, there were 46 mortgage originations in Somonauk, IL, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Somonauk, IL. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
46
% Conventional Loans
78.0%
% Government Loans
22.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
17.0%

Loan Activity

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Rentals and Section 8 — Somonauk, IL

Somonauk, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
0.7%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,220
2 Bedroom$400$1,200$1,600
3 BedroomN/AN/A$2,180
4 BedroomN/AN/A$2,630

Affordability — Somonauk, IL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.2
Median Home Price$317,000
Median Household Income$122,000

Somonauk, IL — ZIP Code Boundary Map

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Frequently Asked Questions