Seneca, IL—61360
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Seneca, IL
Seneca, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $232,000 | 4.7% |
| Single Family | $248,000 | 5.5% |
| 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 | $250,000 | 5.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Seneca, IL
Seneca, 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 — Seneca, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Seneca, IL is 50. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter 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 | $223,000 | -35.0% |
Listing Count | 9 | 107.0% |
| Listings as % of Homes | 0.5% | 107.0% |
Days on Market | 50 | -6.0% |
Demographics — Seneca, IL
As of the latest ACS Survey released in 2023, Seneca, IL has a population of 3,320, which has decreased by -9.7% over the past 5 years. Seneca, IL is a popular place for families, as children make up 25.6% of the population. The area has a poorly educated workforce, with 15.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,320 | -9.7% |
% Under 18 | 25.6% | 2.0% |
% Seniors | 16.4% | 27.1% |
% WFH | 4.8% | 118.2% |
% w/ College Degree | 15.6% | -16.1% |
As of the latest ACS Survey released in 2023, Seneca, IL is a predominantly white area, with 89.7% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Seneca, IL is hispanic, making up 4.5% of the population. Foreign-born residents account for 1.4% of the population in Seneca, IL, and this percentage has increased by 1300.0% 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 | 89.7% | -3.7% |
% Black | 0.8% | ∞% |
% Hispanic | 4.5% | -25.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.4% | 1,300.0% |
Mortgage and Risk — Seneca, IL
Seneca, 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 — Seneca, IL
Seneca, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 15 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,030 |
| 2 Bedroom | N/A | N/A | $1,350 |
| 3 Bedroom | N/A | N/A | $1,760 |
| 4 Bedroom | N/A | N/A | $1,790 |
Affordability — Seneca, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $232,000 |
| Median Household Income | $94,100 |