Armington, IL—61721
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Armington, IL
As of Oct '25, the median home price in Armington, IL is $134,000, with a year-over-year change of 12.3%. This indicates that home prices in Armington, IL are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $134,000 | 12.3% |
| Single Family | $134,000 | 12.6% |
| 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 | $141,000 | 14.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Armington, IL
Armington, 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 — Armington, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Armington, IL is 22. This is a decrease of -84.0% 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 | $99,900 | 24.0% |
Listing Count | 2 | 0.0% |
| Listings as % of Homes | 1.3% | 0.0% |
Days on Market | 22 | -84.0% |
Demographics — Armington, IL
As of the latest ACS Survey released in 2023, Armington, IL has a population of 541, which has decreased by -8.6% over the past 5 years. Armington, IL is a moderately popular place for families, as children make up 22.2% of the population. The area has a moderately educated workforce, with 31.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 541 | -8.6% |
% Under 18 | 22.2% | -6.7% |
% Seniors | 35.9% | 136.2% |
% WFH | 8.9% | -51.4% |
% w/ College Degree | 31.1% | 84.0% |
As of the latest ACS Survey released in 2023, Armington, IL is a predominantly white area, with 85.6% of the population identifying as white. The white population has shrunk by 10.0% in the last 5 years. The second most common race or ethnicity in Armington, IL is hispanic, making up 10.9% of the population. Foreign-born residents account for 0.0% of the population in Armington, IL, and this percentage has decreased by 100.0% 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 | 85.6% | -10.0% |
% Black | 0.0% | N/A |
% Hispanic | 10.9% | 336.0% |
% Asian | 0.2% | -71.4% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Armington, IL
Armington, IL 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 — Armington, IL
Armington, 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 | N/A | N/A | $970 |
| 2 Bedroom | N/A | N/A | $1,230 |
| 3 Bedroom | N/A | N/A | $1,590 |
| 4 Bedroom | N/A | N/A | $1,670 |
Affordability — Armington, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.2 |
| Median Home Price | $134,000 |
| Median Household Income | $89,000 |