Glasford, IL 61533 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Glasford, IL—61533

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$202,000

14.0% YoY Growth

Household Income

$72,400

20.1% YoY Growth

Days on Market

62.0% Shorter YoY

Home Price Forecast

1.8%

Median Rent

$680

4.6% YoY Growth

1-Bed Rent

$680

4.6% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Glasford, IL

As of May '26, the median home price in Glasford, IL is $202,000, with a year-over-year change of 14.0%. This indicates that home prices in Glasford, IL are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$202,000	14.0%
Single Family	$202,000	14.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Glasford, IL

As of July '25, Rentcast reports the average rent in Glasford, IL is $680, with a year-over-year rent change of 4.6%. Per bedroom, the median rent as of July '25 in Glasford, IL is 1-bedrooms: $680. The most common rental property sizes in Glasford, IL are 3-bedroom and 2-bedroom, accounting for 77.9% and 12.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$680	$680
Studio Rent	N/A	N/A
1 Bed Rent	$680	$680
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

9.6%

2 Bedrooms

12.5%

3 Bedrooms

77.9%

Property Listings — Glasford, IL

As of May '26, Realtor.com reports that the median days on market for a home in Glasford, IL is 16. This is a decrease of -62.0% 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	$340,000	114.0%
Listing Count	6	-20.0%
Listings as % of Homes	0.7%	-20.0%
Days on Market	16	-62.0%

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Demographics — Glasford, IL

As of the latest ACS Survey released in 2023, Glasford, IL has a population of 2,360, which has decreased by -6.0% over the past 5 years. Glasford, IL is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 17.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,360	-6.0%
% Under 18	26.5%	18.8%
% Seniors	16.1%	-0.6%
% WFH	4.4%	57.1%
% w/ College Degree	17.5%	-1.7%

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As of the latest ACS Survey released in 2023, Glasford, IL is a predominantly white area, with 95.3% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Glasford, IL is hispanic, making up 0.7% of the population. Foreign-born residents account for 0.3% of the population in Glasford, IL, and this percentage has decreased by 66.7% 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	95.3%	-3.6%
% Black	0.3%	∞%
% Hispanic	0.7%	-36.4%
% Asian	0.0%	N/A
% Foreign Born	0.3%	-66.7%

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Mortgage and Risk — Glasford, IL

According to HUD data as of 2023, there were 54 mortgage originations in Glasford, IL, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Glasford, IL. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	54
% Conventional Loans	81.0%
% Government Loans	19.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — Glasford, IL

Glasford, 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	$20	$680	$700
2 Bedroom	N/A	N/A	$890
3 Bedroom	N/A	N/A	$1,150
4 Bedroom	N/A	N/A	$1,210

Glasford, IL—61533

Key Metrics at a Glance

Home Price Trends — Glasford, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Glasford, IL

% of Rental Stock

Property Listings — Glasford, IL

Demographics — Glasford, IL

Race and Ethnicity

Mortgage and Risk — Glasford, IL

Mortgages

Rentals and Section 8 — Glasford, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Glasford, IL

Home Price to Income Ratio

Glasford, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Kingston Mines

Lake Camelot, IL

Trivoli, IL

Hanna City, IL

Manito, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.1
Median Home Price	$202,000
Median Household Income	$72,400

Glasford, IL—61533

Key Metrics at a Glance

Home Price Trends — Glasford, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Glasford, IL

% of Rental Stock

Property Listings — Glasford, IL

Demographics — Glasford, IL

Race and Ethnicity

Mortgage and Risk — Glasford, IL

Mortgages

Rentals and Section 8 — Glasford, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Glasford, IL

Home Price to Income Ratio

Glasford, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Kingston Mines

Lake Camelot, IL

Trivoli, IL

Hanna City, IL

Manito, IL

Frequently Asked Questions

What is the average home price in Glasford, IL 61533?

How have home prices in Glasford, IL 61533 changed over the past year?

What is the home price projection for Glasford, IL 61533?

What are the demographics of Glasford, IL 61533?

How long does it take homes to sell in Glasford, IL 61533?

What is the average rent price in Glasford, IL 61533?