South Pekin—61564
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South Pekin
As of Oct '25, the median home price in South Pekin is $105,000, with a year-over-year change of 10.1%. This indicates that home prices in South Pekin are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $105,000 | 10.1% |
| Single Family | $105,000 | 9.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $88,000 | 7.3% |
3 Bed | $116,000 | 11.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — South Pekin
South Pekin 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 |
% of Rental Stock
Property Listings — South Pekin
As of Oct '25, Realtor.com reports that the median days on market for a home in South Pekin is 74. This is a increase of 439.0% 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 | $99,000 | -25.0% |
Listing Count | 3 | 71.0% |
| Listings as % of Homes | 1.5% | 71.0% |
Days on Market | 74 | 439.0% |
Demographics — South Pekin
As of the latest ACS Survey released in 2023, South Pekin has a population of 1,000, which has increased by 4.0% over the past 5 years. South Pekin is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 7.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,000 | 4.0% |
% Under 18 | 24.7% | -20.6% |
% Seniors | 16.1% | 53.3% |
% WFH | 2.1% | 200.0% |
% w/ College Degree | 7.9% | 243.5% |
As of the latest ACS Survey released in 2023, South Pekin is a predominantly white area, with 94.8% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in South Pekin is hispanic, making up 4.4% of the population. Foreign-born residents account for 0.4% of the population in South Pekin, and this percentage has increased by 33.3% 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 | 94.8% | -3.8% |
% Black | 1.7% | ∞% |
% Hispanic | 4.4% | 1,366.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.4% | 33.3% |
Mortgage and Risk — South Pekin
South Pekin lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — South Pekin
South Pekin 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 | N/A | N/A | $750 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | N/A | N/A | $1,230 |
| 4 Bedroom | N/A | N/A | $1,290 |
Affordability — South Pekin
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.2 |
| Median Home Price | $105,000 |
| Median Household Income | $69,800 |