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Streator, IL—61364

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$120,000
6.2% YoY Growth
Household Income
$57,100
17.7% YoY Growth
Days on Market
73
25.0% Longer YoY
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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Streator, IL

Streator, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$120,0006.2%
Single Family $120,0007.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    		$99,0008.8%
    3 Bed
    		$138,00011.3%
    4 Bed
    		$174,00010.8%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.6%
    1 Bedroom
    15.7%
    2 Bedrooms
    32.9%
    3 Bedrooms
    40.0%
    4 Bedrooms
    8.4%
    5+ Bedrooms
    1.4%

    Rental Trends — Streator, IL

    As of July '25, Rentcast reports the average rent in Streator, IL is $1,030, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Streator, IL is 1-bedrooms: $819, 2-bedrooms: $1,010, 3-bedrooms: $1,170. The most common rental property sizes in Streator, IL are 1-bedroom and 2-bedroom, accounting for 36.6% and 32.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,050$1,030
    Studio Rent N/AN/A
    1 Bed Rent $795$819
    2 Bed Rent $1,000$1,010
    3 Bed Rent $1,100$1,170
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    0.4%
    1 Bedroom
    36.6%
    2 Bedrooms
    32.0%
    3 Bedrooms
    24.4%
    4 Bedrooms
    5.6%
    5+ Bedrooms
    1.0%

    Property Listings — Streator, IL

    As of Dec '25, Realtor.com reports that the median days on market for a home in Streator, IL is 60. This is a increase of 20.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$140,000-1.0%
    Listing Count
    		7724.0%
    Listings as % of Homes0.5%24.0%
    Days on Market
    		7325.0%
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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%
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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$120,000
    Median Household Income$57,100

    Streator, IL — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions