Walnut, IL—61376
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Walnut, IL
Walnut, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $138,000 | 6.4% |
| Single Family | $138,000 | 5.3% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Walnut, IL
Walnut, 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 — Walnut, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Walnut, IL is 82. This is a decrease of -22.0% 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 | $130,000 | -1.0% |
Listing Count | 4 | -25.0% |
| Listings as % of Homes | 0.5% | -25.0% |
Days on Market | 82 | -22.0% |
Demographics — Walnut, IL
As of the latest ACS Survey released in 2023, Walnut, IL has a population of 2,020, which has decreased by -4.6% over the past 5 years. Walnut, IL is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 24.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,020 | -4.6% |
% Under 18 | 21.4% | 12.0% |
% Seniors | 28.3% | 15.0% |
% WFH | 4.5% | -23.7% |
% w/ College Degree | 24.3% | 39.7% |
As of the latest ACS Survey released in 2023, Walnut, IL is a predominantly white area, with 97.0% of the population identifying as white. The white population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in Walnut, IL is hispanic, making up 1.7% of the population. Foreign-born residents account for 1.0% of the population in Walnut, IL, and this percentage has decreased by 23.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.0% | 1.9% |
% Black | 0.2% | ∞% |
% Hispanic | 1.7% | -41.4% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.0% | -23.1% |
Mortgage and Risk — Walnut, IL
According to HUD data as of 2023, there were 43 mortgage originations in Walnut, IL, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Walnut, IL. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 43 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Walnut, IL
Walnut, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% 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 | $940 |
| 2 Bedroom | N/A | N/A | $1,230 |
| 3 Bedroom | N/A | N/A | $1,520 |
| 4 Bedroom | N/A | N/A | $1,800 |
Affordability — Walnut, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $138,000 |
| Median Household Income | $62,000 |