Gladstone, IL61437

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$137,000
1.2% YoY Growth
Median Household Income
$75,700
32.0% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
-0.4%
Median 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

Property Listings — Gladstone, IL

Gladstone, IL lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of Homes0.9%N/A
Days on Market
N/AN/A
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Demographics — Gladstone, IL

As of the latest ACS Survey released in 2023, Gladstone, IL has a population of 504, which has decreased by -48.1% over the past 5 years. Gladstone, IL is a less popular place for families, as children make up 7.7% of the population. The area has a poorly educated workforce, with 11.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
504-48.1%
% Under 18
7.7%-70.6%
% Seniors
30.6%28.6%
% WFH
0.8%-89.0%
% w/ College Degree
11.3%-40.5%
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As of the latest ACS Survey released in 2023, Gladstone, IL is a predominantly white area, with 97.6% 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 Gladstone, IL is black, making up 0.0% of the population. Foreign-born residents account for 0.0% of the population in Gladstone, IL, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
97.6%-0.3%
% Black
0.0%N/A
% Hispanic
0.0%-100.0%
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Gladstone, IL

According to HUD data as of 2023, there were 20 mortgage originations in Gladstone, IL, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Gladstone, IL. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
20
% Conventional Loans
85.0%
% Government Loans
15.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
5.0%

Loan Activity

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Rentals and Section 8 — Gladstone, IL

Gladstone, 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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$740
2 BedroomN/AN/A$970
3 BedroomN/AN/A$1,280
4 BedroomN/AN/A$1,340

Affordability — Gladstone, IL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.7
Median Home Price$137,000
Median Household Income$75,700

Gladstone, IL — ZIP Code Boundary Map

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Frequently Asked Questions