Cuba, IL 61427 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Cuba, IL—61427

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$118,000

0.9% YoY Growth

Household Income

$62,600

6.8% YoY Growth

Days on Market

28.0% Longer YoY

Home Price Forecast

3.2%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Cuba, IL

As of Dec '25, the median home price in Cuba, IL is $118,000, with a year-over-year change of 0.9%. This indicates that home prices in Cuba, IL are flat. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$118,000	0.9%
Single Family	$117,000	0.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Cuba, IL

Cuba, 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

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% of Rental Stock

1 Bedroom

1.9%

2 Bedrooms

48.1%

3 Bedrooms

37.3%

4 Bedrooms

12.7%

Property Listings — Cuba, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Cuba, IL is 52. 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	$194,000	32.0%
Listing Count	11	88.0%
Listings as % of Homes	1.0%	88.0%
Days on Market	84	28.0%

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Demographics — Cuba, IL

As of the latest ACS Survey released in 2023, Cuba, IL has a population of 2,050, which has decreased by -6.4% over the past 5 years. Cuba, IL is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 21.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,050	-6.4%
% Under 18	20.4%	-4.2%
% Seniors	22.6%	-8.1%
% WFH	13.0%	233.3%
% w/ College Degree	21.3%	-9.7%

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As of the latest ACS Survey released in 2023, Cuba, IL is a predominantly white area, with 94.8% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Cuba, IL is hispanic, making up 1.8% of the population. Foreign-born residents account for 0.5% of the population in Cuba, IL, and this percentage has decreased by 28.6% 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	94.8%	-0.3%
% Black	1.4%	-53.3%
% Hispanic	1.8%	157.1%
% Asian	0.0%	N/A
% Foreign Born	0.5%	-28.6%

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Mortgage and Risk — Cuba, IL

According to HUD data as of 2023, there were 52 mortgage originations in Cuba, IL, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Cuba, IL. Investor activity is low, as 12.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	52
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	12.0%
% Second Loans	4.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Cuba, IL

Cuba, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	11
Total Units Section 8	11
% Rentals under Section 8	5.7%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$670
2 Bedroom	N/A	N/A	$880
3 Bedroom	N/A	N/A	$1,210
4 Bedroom	N/A	N/A	$1,280

Cuba, IL—61427

Key Metrics at a Glance

Home Price Trends — Cuba, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cuba, IL

% of Rental Stock

Property Listings — Cuba, IL

Demographics — Cuba, IL

Race and Ethnicity

Mortgage and Risk — Cuba, IL

Mortgages

Rentals and Section 8 — Cuba, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Cuba, IL

Home Price to Income Ratio

Cuba, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Bryant

Seville, IL

Lewistown, IL

Ellisville, IL

Saint David

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.8
Median Home Price	$118,000
Median Household Income	$62,600

Cuba, IL—61427

Key Metrics at a Glance

Home Price Trends — Cuba, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cuba, IL

% of Rental Stock

Property Listings — Cuba, IL

Demographics — Cuba, IL

Race and Ethnicity

Mortgage and Risk — Cuba, IL

Mortgages

Rentals and Section 8 — Cuba, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Cuba, IL

Home Price to Income Ratio

Cuba, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Bryant

Seville, IL

Lewistown, IL

Ellisville, IL

Saint David

Frequently Asked Questions

What is the average home price in Cuba, IL 61427?

How have home prices in Cuba, IL 61427 changed over the past year?

What is the home price projection for Cuba, IL 61427?

What are the demographics of Cuba, IL 61427?

How long does it take homes to sell in Cuba, IL 61427?

What is the average rent price in Cuba, IL 61427?