Atlanta, IL—61723
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Atlanta, IL
As of Oct '25, the median home price in Atlanta, IL is $157,000, with a year-over-year change of 5.5%. This indicates that home prices in Atlanta, IL are increasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $157,000 | 5.5% |
| Single Family | $157,000 | 5.4% |
| 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 — Atlanta, IL
Atlanta, 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 — Atlanta, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Atlanta, IL is 59. This is a decrease of -23.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $151,000 | -15.0% |
Listing Count | 9 | 21.0% |
| Listings as % of Homes | 0.5% | 21.0% |
Days on Market | 59 | -23.0% |
Demographics — Atlanta, IL
As of the latest ACS Survey released in 2023, Atlanta, IL has a population of 2,260, which has decreased by -13.1% over the past 5 years. Atlanta, IL is a popular place for families, as children make up 26.3% of the population. The area has a poorly educated workforce, with 21.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,260 | -13.1% |
% Under 18 | 26.3% | 13.4% |
% Seniors | 20.0% | 33.3% |
% WFH | 12.1% | 142.0% |
% w/ College Degree | 21.7% | 3.3% |
As of the latest ACS Survey released in 2023, Atlanta, IL is a predominantly white area, with 96.4% of the population identifying as white. The white population has grown by 3.2% in the last 5 years. The second most common race or ethnicity in Atlanta, IL is hispanic, making up 2.8% of the population. Foreign-born residents account for 0.0% of the population in Atlanta, 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 | 96.4% | 3.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.8% | -37.8% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Atlanta, IL
According to HUD data as of 2023, there were 63 mortgage originations in Atlanta, IL, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Atlanta, IL. Investor activity is low, as 2.0% 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 | 63 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 2.0% |
Loan Activity
Rentals and Section 8 — Atlanta, IL
Atlanta, 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 | $790 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,390 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Atlanta, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $157,000 |
| Median Household Income | $71,200 |