Streator, IL61364

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$119,000
5.0% YoY Growth
Median Household Income
$57,100
17.7% 5-Year Growth
Days on Market
52
21.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$1,050
0.0% YoY Growth
1-Bed Rent
$795
7.5% YoY Growth
2-Bed Rent
$1,000
3.7% YoY Growth
3-Bed Rent
$1,100
5.4% YoY Growth

Property Listings — Streator, IL

As of Oct '25, Realtor.com reports that the median days on market for a home in Streator, IL is 52. This is a increase of 21.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$148,000-1.0%
Listing Count
7328.0%
Listings as % of Homes0.5%28.0%
Days on Market
5221.0%
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Demographics — Streator, IL

As of the latest ACS Survey released in 2023, Streator, IL has a population of 18,200, which has decreased by -4.3% over the past 5 years. Streator, IL is a moderately popular place for families, as children make up 20.6% of the population. The area has a poorly educated workforce, with 12.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
18,200-4.3%
% Under 18
20.6%-2.4%
% Seniors
21.8%8.5%
% WFH
4.2%200.0%
% w/ College Degree
12.8%-11.7%
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As of the latest ACS Survey released in 2023, Streator, IL is a predominantly white area, with 83.4% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Streator, IL is hispanic, making up 11.2% of the population. Foreign-born residents account for 3.0% of the population in Streator, IL, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
83.4%-2.8%
% Black
3.0%0.0%
% Hispanic
11.2%36.6%
% Asian
0.7%-36.4%
% Foreign Born
3.0%0.0%
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Mortgage and Risk — Streator, IL

According to HUD data as of 2023, there were 219 mortgage originations in Streator, IL, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Streator, IL. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
219
% Conventional Loans
75.0%
% Government Loans
25.0%
% Investor Loans
4.0%
% Second Loans
0.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Streator, IL

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

Section 8 Market Size

Total Units under HUD
345
Total Units Section 8
179
% Rentals under Section 8
N/A
% Occupied Section 8
90.7%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$115$795$680
2 Bedroom-$100$1,000$900
3 Bedroom$100$1,100$1,200
4 BedroomN/AN/A$1,350

Affordability — Streator, IL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.7
Median Home Price$119,000
Median Household Income$57,100

Streator, IL — ZIP Code Boundary Map

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Frequently Asked Questions