Oglesby, IL 61348 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Oglesby, IL—61348

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$161,000

6.6% YoY Growth

Household Income

$71,200

20.2% YoY Growth

Days on Market

19.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$550

45.0% YoY Growth

1-Bed Rent

$550

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Oglesby, IL

Oglesby, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$161,000	6.6%
Single Family	$161,000	6.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Oglesby, IL

As of July '25, Rentcast reports the average rent in Oglesby, IL is $550, with a year-over-year rent change of -45.0%. Per bedroom, the median rent as of July '25 in Oglesby, IL is 1-bedrooms: $550. The most common rental property sizes in Oglesby, IL are 2-bedroom and 1-bedroom, accounting for 38.4% and 28.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$550	$550
Studio Rent	N/A	N/A
1 Bed Rent	$550	$550
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

Studio

2.1%

1 Bedroom

28.7%

2 Bedrooms

38.4%

3 Bedrooms

27.2%

5+ Bedrooms

3.5%

Property Listings — Oglesby, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Oglesby, IL is 33. This is a increase of 46.0% 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	91.0%
Listing Count	10	53.0%
Listings as % of Homes	0.5%	53.0%
Days on Market	49	-19.0%

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Demographics — Oglesby, IL

As of the latest ACS Survey released in 2023, Oglesby, IL has a population of 4,400, which has decreased by -1.9% over the past 5 years. Oglesby, IL is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 20.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,400	-1.9%
% Under 18	21.7%	2.4%
% Seniors	20.9%	3.5%
% WFH	4.2%	31.2%
% w/ College Degree	20.4%	7.4%

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As of the latest ACS Survey released in 2023, Oglesby, IL is a predominantly white area, with 85.3% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Oglesby, IL is hispanic, making up 10.1% of the population. Foreign-born residents account for 3.4% of the population in Oglesby, IL, and this percentage has increased by 54.5% 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	85.3%	-2.7%
% Black	0.1%	-96.4%
% Hispanic	10.1%	31.2%
% Asian	0.6%	500.0%
% Foreign Born	3.4%	54.5%

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Mortgage and Risk — Oglesby, IL

According to HUD data as of 2023, there were 67 mortgage originations in Oglesby, IL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Oglesby, IL. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	67
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	4.0%
% Second Loans	0.0%
% Cash Out Refinance	4.0%

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Rentals and Section 8 — Oglesby, IL

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

Section 8 Market Size

Total Units under HUD	47
Total Units Section 8	15
% Rentals under Section 8	N/A
% Occupied Section 8	86.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$110	$550	$660
2 Bedroom	N/A	N/A	$870
3 Bedroom	N/A	N/A	$1,170
4 Bedroom	N/A	N/A	$1,320

Oglesby, IL—61348

Key Metrics at a Glance

Home Price Trends — Oglesby, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Oglesby, IL

% of Rental Stock

Property Listings — Oglesby, IL

Demographics — Oglesby, IL

Race and Ethnicity

Mortgage and Risk — Oglesby, IL

Mortgages

Rentals and Section 8 — Oglesby, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Oglesby, IL

Home Price to Income Ratio

Oglesby, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Tonica, IL

Cedar Point

Leonore

Peru, IL

La Salle, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.8
Median Home Price	$161,000
Median Household Income	$71,200

Oglesby, IL—61348

Key Metrics at a Glance

Home Price Trends — Oglesby, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Oglesby, IL

% of Rental Stock

Property Listings — Oglesby, IL

Demographics — Oglesby, IL

Race and Ethnicity

Mortgage and Risk — Oglesby, IL

Mortgages

Rentals and Section 8 — Oglesby, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Oglesby, IL

Home Price to Income Ratio

Oglesby, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Tonica, IL

Cedar Point

Leonore

Peru, IL

La Salle, IL

Frequently Asked Questions

What is the average home price in Oglesby, IL 61348?

How have home prices in Oglesby, IL 61348 changed over the past year?

What is the home price projection for Oglesby, IL 61348?

What are the demographics of Oglesby, IL 61348?

How long does it take homes to sell in Oglesby, IL 61348?

What is the average rent price in Oglesby, IL 61348?