Varna, IL—61375
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Varna, IL
As of Oct '25, the median home price in Varna, IL is $199,000, with a year-over-year change of 3.5%. This indicates that home prices in Varna, IL are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $199,000 | 3.5% |
| Single Family | $200,000 | 4.2% |
| 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 | $228,000 | 6.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Varna, IL
Varna, 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 — Varna, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Varna, IL is 35. This is a decrease of -60.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $336,000 | 34.0% |
Listing Count | 17 | 43.0% |
| Listings as % of Homes | 0.8% | 43.0% |
Days on Market | 35 | -60.0% |
Demographics — Varna, IL
As of the latest ACS Survey released in 2023, Varna, IL has a population of 1,220, which has increased by 5.7% over the past 5 years. Varna, IL is a moderately popular place for families, as children make up 18.4% of the population. The area has a poorly educated workforce, with 12.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,220 | 5.7% |
% Under 18 | 18.4% | 33.3% |
% Seniors | 29.4% | 1.4% |
% WFH | 1.8% | -67.9% |
% w/ College Degree | 12.9% | -35.8% |
As of the latest ACS Survey released in 2023, Varna, IL is a predominantly white area, with 83.8% of the population identifying as white. The white population has shrunk by 12.0% in the last 5 years. The second most common race or ethnicity in Varna, IL is hispanic, making up 4.9% of the population. Foreign-born residents account for 1.6% of the population in Varna, IL, and this percentage has increased by 166.7% 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 | 83.8% | -12.0% |
% Black | 0.0% | N/A |
% Hispanic | 4.9% | 19.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.6% | 166.7% |
Mortgage and Risk — Varna, IL
Varna, 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 — Varna, IL
Varna, 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 | $700 |
| 2 Bedroom | N/A | N/A | $890 |
| 3 Bedroom | N/A | N/A | $1,150 |
| 4 Bedroom | N/A | N/A | $1,210 |
Affordability — Varna, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $199,000 |
| Median Household Income | $78,500 |