Yates City, IL—61572
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Yates City, IL
As of Oct '25, the median home price in Yates City, IL is $116,000, with a year-over-year change of 5.3%. This indicates that home prices in Yates City, IL are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $116,000 | 5.3% |
| Single Family | $116,000 | 6.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Yates City, IL
Yates City, IL 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 — Yates City, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Yates City, IL is 40. This is a increase of 321.0% 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 100.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $127,000 | 37.0% |
Listing Count | 4 | 125.0% |
| Listings as % of Homes | 0.2% | 125.0% |
Days on Market | 40 | 321.0% |
Demographics — Yates City, IL
As of the latest ACS Survey released in 2023, Yates City, IL has a population of 916, which has decreased by -23.1% over the past 5 years. Yates City, IL is a moderately popular place for families, as children make up 15.4% of the population. The area has a poorly educated workforce, with 13.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 916 | -23.1% |
% Under 18 | 15.4% | -1.9% |
% Seniors | 20.6% | 2.0% |
% WFH | 4.2% | 180.0% |
% w/ College Degree | 13.4% | -21.2% |
As of the latest ACS Survey released in 2023, Yates City, IL is a predominantly white area, with 94.3% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Yates City, IL is black, making up 2.4% of the population. Foreign-born residents account for 0.3% of the population in Yates City, 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
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.3% | -1.4% |
% Black | 2.4% | 500.0% |
% Hispanic | 0.2% | ∞% |
% Asian | 0.7% | ∞% |
% Foreign Born | 0.3% | ∞% |
Mortgage and Risk — Yates City, IL
According to HUD data as of 2023, there were 66 mortgage originations in Yates City, IL, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Yates City, IL. Investor activity is low, as 6.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 66 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 6.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 2.0% |
Loan Activity
Rentals and Section 8 — Yates City, IL
Yates City, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% 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 | $740 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | N/A | N/A | $1,260 |
| 4 Bedroom | N/A | N/A | $1,290 |
Affordability — Yates City, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.5 |
| Median Home Price | $116,000 |
| Median Household Income | $68,200 |