Garden Prairie, IL 61038 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Garden Prairie, IL—61038

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$311,000

3.7% YoY Growth

Household Income

$69,800

12.3% YoY Growth

Days on Market

7.0% Longer YoY

Home Price Forecast

5.2%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Garden Prairie, IL

As of Dec '25, the median home price in Garden Prairie, IL is $311,000, 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 5.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$311,000	3.7%
Single Family	$311,000	3.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

3 Bedrooms

100.0%

Property Listings — Garden Prairie, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Garden Prairie, IL is 31. This is a increase of 93.0% 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	$316,000	-27.0%
Listing Count	4	50.0%
Listings as % of Homes	0.4%	50.0%
Days on Market	38	7.0%

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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%

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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%	∞%

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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

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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

Garden Prairie, IL—61038

Key Metrics at a Glance

Home Price Trends — Garden Prairie, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Garden Prairie, IL

% of Rental Stock

Property Listings — Garden Prairie, IL

Demographics — Garden Prairie, IL

Race and Ethnicity

Mortgage and Risk — Garden Prairie, IL

Mortgages

Rentals and Section 8 — Garden Prairie, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Garden Prairie, IL

Home Price to Income Ratio

Garden Prairie, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Belvidere, IL

Marengo, IL

Capron, IL

Genoa, IL

Poplar Grove, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$311,000
Median Household Income	$69,800

Garden Prairie, IL—61038

Key Metrics at a Glance

Home Price Trends — Garden Prairie, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Garden Prairie, IL

% of Rental Stock

Property Listings — Garden Prairie, IL

Demographics — Garden Prairie, IL

Race and Ethnicity

Mortgage and Risk — Garden Prairie, IL

Mortgages

Rentals and Section 8 — Garden Prairie, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Garden Prairie, IL

Home Price to Income Ratio

Garden Prairie, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Belvidere, IL

Marengo, IL

Capron, IL

Genoa, IL

Poplar Grove, IL

Frequently Asked Questions

What is the average home price in Garden Prairie, IL 61038?

How have home prices in Garden Prairie, IL 61038 changed over the past year?

What is the home price projection for Garden Prairie, IL 61038?

What are the demographics of Garden Prairie, IL 61038?

How long does it take homes to sell in Garden Prairie, IL 61038?

What is the average rent price in Garden Prairie, IL 61038?