Kirkwood, IL61447

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$101,000
3.1% YoY Growth
Median Household Income
$82,300
24.3% 5-Year Growth
Days on Market
21
234.0% Longer than last year
Home Price Forecast
N/A
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 — Kirkwood, IL

As of Oct '25, Realtor.com reports that the median days on market for a home in Kirkwood, IL is 21. This is a increase of 234.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$38,000-69.0%
Listing Count
3-33.0%
Listings as % of Homes0.9%-33.0%
Days on Market
21234.0%
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Demographics — Kirkwood, IL

As of the latest ACS Survey released in 2023, Kirkwood, IL has a population of 1,050, which has increased by 2.7% over the past 5 years. Kirkwood, IL is a popular place for families, as children make up 26.9% of the population. The area has a moderately educated workforce, with 26.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,0502.7%
% Under 18
26.9%4.7%
% Seniors
16.8%6.3%
% WFH
13.6%240.0%
% w/ College Degree
26.9%6.3%
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As of the latest ACS Survey released in 2023, Kirkwood, IL is a predominantly white area, with 95.3% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Kirkwood, IL is asian, making up 2.2% of the population. Foreign-born residents account for 2.3% of the population in Kirkwood, IL, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.3%-3.3%
% Black
0.0%N/A
% Hispanic
1.9%35.7%
% Asian
2.2%∞%
% Foreign Born
2.3%∞%
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Mortgage and Risk — Kirkwood, IL

According to HUD data as of 2023, there were 20 mortgage originations in Kirkwood, IL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Kirkwood, IL. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
20
% Conventional Loans
90.0%
% Government Loans
10.0%
% Investor Loans
0.0%
% Second Loans
5.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Kirkwood, IL

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

Section 8 Market Size

Total Units under HUD
9
Total Units Section 8
1
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$660
2 BedroomN/AN/A$870
3 BedroomN/AN/A$1,130
4 BedroomN/AN/A$1,420

Affordability — Kirkwood, IL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.1
Median Home Price$101,000
Median Household Income$82,300

Kirkwood, IL — ZIP Code Boundary Map

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Frequently Asked Questions