Viola, IL 61486 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Viola, IL—61486

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$160,000

2.9% YoY Growth

Household Income

$71,800

13.3% YoY Growth

Days on Market

135.0% Longer YoY

Home Price Forecast

0.6%

Median Rent

$1,150

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Viola, IL

As of Dec '25, the median home price in Viola, IL is $160,000, with a year-over-year change of 2.9%. This indicates that home prices in Viola, IL are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$160,000	2.9%
Single Family	$160,000	3.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Viola, IL

Viola, IL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$1,150	$1,150
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	$1,150	$1,150

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% of Rental Stock

1 Bedroom

5.8%

2 Bedrooms

40.4%

3 Bedrooms

38.5%

4 Bedrooms

15.4%

Property Listings — Viola, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Viola, IL is 34. This is a increase of 120.0% 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	$152,000	-14.0%
Listing Count	6	183.0%
Listings as % of Homes	0.6%	183.0%
Days on Market	63	135.0%

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Demographics — Viola, IL

As of the latest ACS Survey released in 2023, Viola, IL has a population of 1,430, which has decreased by -2.7% over the past 5 years. Viola, IL is a moderately popular place for families, as children make up 19.9% of the population. The area has a poorly educated workforce, with 18.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,430	-2.7%
% Under 18	19.9%	-27.4%
% Seniors	18.3%	8.9%
% WFH	9.0%	800.0%
% w/ College Degree	18.4%	-2.6%

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As of the latest ACS Survey released in 2023, Viola, IL is a predominantly white area, with 84.8% of the population identifying as white. The white population has shrunk by 10.9% in the last 5 years. The second most common race or ethnicity in Viola, IL is hispanic, making up 7.7% of the population. Foreign-born residents account for 2.8% of the population in Viola, IL, and this percentage has increased by 100.0% 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	84.8%	-10.9%
% Black	0.0%	N/A
% Hispanic	7.7%	220.8%
% Asian	0.8%	∞%
% Foreign Born	2.8%	100.0%

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Mortgage and Risk — Viola, IL

According to HUD data as of 2023, there were 60 mortgage originations in Viola, IL, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Viola, IL. Investor activity is low, as 7.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	60
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	7.0%
% Second Loans	0.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Viola, IL

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

Section 8 Market Size

Total Units under HUD	2
Total Units Section 8	2
% Rentals under Section 8	3.8%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$750
2 Bedroom	N/A	N/A	$920
3 Bedroom	N/A	N/A	$1,200
4 Bedroom	$270	$1,150	$1,420

Viola, IL—61486

Key Metrics at a Glance

Home Price Trends — Viola, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Viola, IL

% of Rental Stock

Property Listings — Viola, IL

Demographics — Viola, IL

Race and Ethnicity

Mortgage and Risk — Viola, IL

Mortgages

Rentals and Section 8 — Viola, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Viola, IL

Home Price to Income Ratio

Viola, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Matherville

Windsor, IL

Sherrard, IL

Gerlaw, IL

North Henderson, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.2
Median Home Price	$160,000
Median Household Income	$71,800

Viola, IL—61486

Key Metrics at a Glance

Home Price Trends — Viola, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Viola, IL

% of Rental Stock

Property Listings — Viola, IL

Demographics — Viola, IL

Race and Ethnicity

Mortgage and Risk — Viola, IL

Mortgages

Rentals and Section 8 — Viola, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Viola, IL

Home Price to Income Ratio

Viola, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Matherville

Windsor, IL

Sherrard, IL

Gerlaw, IL

North Henderson, IL

Frequently Asked Questions

What is the average home price in Viola, IL 61486?

How have home prices in Viola, IL 61486 changed over the past year?

What is the home price projection for Viola, IL 61486?

What are the demographics of Viola, IL 61486?

How long does it take homes to sell in Viola, IL 61486?

What is the average rent price in Viola, IL 61486?