Garden Prairie, IL—61038
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Garden Prairie, IL
As of Oct '25, the median home price in Garden Prairie, IL is $308,000, with a year-over-year change of 3.7%. This indicates that home prices in Garden Prairie, IL are increasing. According to Zillow, the 1-year price projection is 4.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $308,000 | 3.7% |
| Single Family | $308,000 | 3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $303,000 | 4.1% |
4 Bed | $316,000 | 5.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Garden Prairie, IL
Garden Prairie, 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 — Garden Prairie, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Garden Prairie, IL is 39. This is a increase of 300.0% 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 | $320,000 | 4.0% |
Listing Count | 2 | 100.0% |
| Listings as % of Homes | 0.4% | 100.0% |
Days on Market | 39 | 300.0% |
Demographics — Garden Prairie, IL
As of the latest ACS Survey released in 2023, Garden Prairie, IL has a population of 1,400, which has increased by 21.4% over the past 5 years. Garden Prairie, IL is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 14.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,400 | 21.4% |
% Under 18 | 26.5% | 108.7% |
% Seniors | 21.1% | -13.9% |
% WFH | 10.3% | 255.2% |
% w/ College Degree | 14.7% | 98.6% |
As of the latest ACS Survey released in 2023, Garden Prairie, IL is a predominantly white area, with 95.3% of the population identifying as white. The white population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in Garden Prairie, IL is asian, making up 2.2% of the population. Foreign-born residents account for 2.2% of the population in Garden Prairie, IL, and this percentage has increased by Inf% 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 | 95.3% | 2.0% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | -100.0% |
% Asian | 2.2% | ∞% |
% Foreign Born | 2.2% | ∞% |
Mortgage and Risk — Garden Prairie, IL
Garden Prairie, 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 — Garden Prairie, IL
Garden Prairie, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $1,040 |
| 2 Bedroom | N/A | N/A | $1,280 |
| 3 Bedroom | N/A | N/A | $1,680 |
| 4 Bedroom | N/A | N/A | $1,850 |
Affordability — Garden Prairie, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $308,000 |
| Median Household Income | $69,800 |