Le Roy, IL—61752
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Le Roy, IL
As of Oct '25, the median home price in Le Roy, IL is $205,000, with a year-over-year change of 6.9%. This indicates that home prices in Le Roy, IL are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $205,000 | 6.9% |
| Single Family | $206,000 | 7.3% |
| 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 | $203,000 | 5.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Le Roy, IL
Le Roy, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $895 | $895 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $895 | $895 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Le Roy, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Le Roy, IL is 23. This is a increase of 37.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $270,000 | -10.0% |
Listing Count | 4 | -70.0% |
| Listings as % of Homes | 0.2% | -70.0% |
Days on Market | 23 | 37.0% |
Demographics — Le Roy, IL
As of the latest ACS Survey released in 2023, Le Roy, IL has a population of 4,400, which has remained stable by 0.3% over the past 5 years. Le Roy, IL is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 37.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,400 | 0.3% |
% Under 18 | 23.2% | -7.2% |
% Seniors | 16.8% | -17.6% |
% WFH | 16.0% | 1,130.8% |
% w/ College Degree | 37.1% | 42.7% |
As of the latest ACS Survey released in 2023, Le Roy, IL is a predominantly white area, with 96.5% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Le Roy, IL is black, making up 0.8% of the population. Foreign-born residents account for 1.0% of the population in Le Roy, IL, and this percentage has increased by 150.0% 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 | 96.5% | -2.7% |
% Black | 0.8% | 166.7% |
% Hispanic | 0.7% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.0% | 150.0% |
Mortgage and Risk — Le Roy, IL
According to HUD data as of 2023, there were 93 mortgage originations in Le Roy, IL, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Le Roy, IL. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 93 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Le Roy, IL
Le Roy, 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 | $105 | $895 | $1,000 |
| 3 Bedroom | N/A | N/A | $1,390 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Le Roy, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $205,000 |
| Median Household Income | $86,800 |