Avon, IL—61415
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Avon, IL
As of Oct '25, the median home price in Avon, IL is $125,000, with a year-over-year change of 5.9%. This indicates that home prices in Avon, IL are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $125,000 | 5.9% |
| Single Family | $125,000 | 5.9% |
| 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 — Avon, IL
Avon, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $430 | $430 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $430 | $430 |
| 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 — Avon, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Avon, IL is 88. This is a increase of 23.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $121,000 | -16.0% |
Listing Count | 13 | 18.0% |
| Listings as % of Homes | 0.8% | 18.0% |
Days on Market | 88 | 23.0% |
Demographics — Avon, IL
As of the latest ACS Survey released in 2023, Avon, IL has a population of 1,650, which has decreased by -12.9% over the past 5 years. Avon, IL is a moderately popular place for families, as children make up 17.9% of the population. The area has a moderately educated workforce, with 26.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,650 | -12.9% |
% Under 18 | 17.9% | -30.6% |
% Seniors | 22.7% | 22.7% |
% WFH | 7.0% | 16.7% |
% w/ College Degree | 26.2% | 51.4% |
As of the latest ACS Survey released in 2023, Avon, IL is a predominantly white area, with 97.3% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Avon, IL is hispanic, making up 1.7% of the population. Foreign-born residents account for 0.5% of the population in Avon, IL, and this percentage has increased by 400.0% 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 | 97.3% | -2.2% |
% Black | 0.8% | 700.0% |
% Hispanic | 1.7% | 750.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.5% | 400.0% |
Mortgage and Risk — Avon, IL
According to HUD data as of 2023, there were 18 mortgage originations in Avon, IL, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Avon, IL. Investor activity is low, as 6.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 18 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Avon, IL
Avon, 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 | $230 | $430 | $660 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Avon, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $125,000 |
| Median Household Income | $60,700 |