Fisher, IL—61843
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fisher, IL
As of Oct '25, the median home price in Fisher, IL is $219,000, with a year-over-year change of 7.1%. This indicates that home prices in Fisher, IL are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $219,000 | 7.1% |
| Single Family | $222,000 | 7.8% |
| 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 | $240,000 | 7.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fisher, IL
Fisher, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $950 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $950 | $950 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fisher, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Fisher, IL is 60. This is a decrease of -47.0% 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 | $273,000 | 34.0% |
Listing Count | 15 | 35.0% |
| Listings as % of Homes | 0.8% | 35.0% |
Days on Market | 60 | -47.0% |
Demographics — Fisher, IL
As of the latest ACS Survey released in 2023, Fisher, IL has a population of 2,000, which has decreased by -15.4% over the past 5 years. Fisher, IL is a moderately popular place for families, as children make up 24.0% of the population. The area has a moderately educated workforce, with 29.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,000 | -15.4% |
% Under 18 | 24.0% | -9.4% |
% Seniors | 15.3% | -1.9% |
% WFH | 11.1% | 136.2% |
% w/ College Degree | 29.3% | 53.4% |
As of the latest ACS Survey released in 2023, Fisher, IL is a predominantly white area, with 94.1% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Fisher, IL is asian, making up 0.2% of the population. Foreign-born residents account for 0.2% of the population in Fisher, IL, and this percentage has decreased by 83.3% 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 | 94.1% | -2.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.2% | ∞% |
% Foreign Born | 0.2% | -83.3% |
Mortgage and Risk — Fisher, IL
According to HUD data as of 2023, there were 82 mortgage originations in Fisher, IL, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Fisher, IL. Investor activity is low, as 12.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 82 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 12.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Fisher, IL
Fisher, 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 | $800 |
| 2 Bedroom | $50 | $950 | $1,000 |
| 3 Bedroom | N/A | N/A | $1,390 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Fisher, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $219,000 |
| Median Household Income | $93,800 |