Wenona, IL—61377
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wenona, IL
As of Oct '25, the median home price in Wenona, IL is $124,000, with a year-over-year change of 3.7%. This indicates that home prices in Wenona, IL are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $124,000 | 3.7% |
| Single Family | $126,000 | 3.3% |
| 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 — Wenona, IL
Wenona, 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 — Wenona, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Wenona, IL is 57. This is a decrease of -40.0% 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 | $228,000 | 38.0% |
Listing Count | 7 | 5.0% |
| Listings as % of Homes | 0.5% | 5.0% |
Days on Market | 57 | -40.0% |
Demographics — Wenona, IL
As of the latest ACS Survey released in 2023, Wenona, IL has a population of 1,460, which has increased by 2.6% over the past 5 years. Wenona, IL is a moderately popular place for families, as children make up 17.1% of the population. The area has a poorly educated workforce, with 18.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,460 | 2.6% |
% Under 18 | 17.1% | -29.0% |
% Seniors | 26.7% | 65.8% |
% WFH | 6.7% | 19.6% |
% w/ College Degree | 18.2% | 4.0% |
As of the latest ACS Survey released in 2023, Wenona, IL is a predominantly white area, with 92.5% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Wenona, IL is hispanic, making up 3.0% of the population. Foreign-born residents account for 2.9% of the population in Wenona, IL, and this percentage has increased by 26.1% 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 | 92.5% | -3.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 3.0% | -11.8% |
% Asian | 0.2% | ∞% |
% Foreign Born | 2.9% | 26.1% |
Mortgage and Risk — Wenona, IL
According to HUD data as of 2023, there were 55 mortgage originations in Wenona, IL, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Wenona, IL. Investor activity is low, as 0.0% 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 | 55 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Wenona, IL
Wenona, 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 | $690 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,140 |
| 4 Bedroom | N/A | N/A | $1,230 |
Affordability — Wenona, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $124,000 |
| Median Household Income | $48,500 |