Potomac, IL—61865
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Potomac, IL
As of Oct '25, the median home price in Potomac, IL is $130,000, with a year-over-year change of 4.7%. This indicates that home prices in Potomac, IL are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $130,000 | 4.7% |
| Single Family | $130,000 | 5.7% |
| 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 — Potomac, IL
Potomac, 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 — Potomac, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Potomac, IL is 182. This is a increase of 286.0% 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 | $64,200 | -62.0% |
Listing Count | 2 | 22.0% |
| Listings as % of Homes | 1.0% | 22.0% |
Days on Market | 182 | 286.0% |
Demographics — Potomac, IL
As of the latest ACS Survey released in 2023, Potomac, IL has a population of 1,160, which has decreased by -25.6% over the past 5 years. Potomac, IL is a popular place for families, as children make up 27.9% of the population. The area has a poorly educated workforce, with 17.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,160 | -25.6% |
% Under 18 | 27.9% | -14.9% |
% Seniors | 19.4% | 60.3% |
% WFH | 11.7% | 72.1% |
% w/ College Degree | 17.2% | 19.4% |
As of the latest ACS Survey released in 2023, Potomac, IL is a predominantly white area, with 90.8% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Potomac, IL is hispanic, making up 6.0% of the population. Foreign-born residents account for 1.2% of the population in Potomac, IL, and this percentage has decreased by 64.7% 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 | 90.8% | -1.7% |
% Black | 1.2% | -33.3% |
% Hispanic | 6.0% | 252.9% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.2% | -64.7% |
Mortgage and Risk — Potomac, IL
According to HUD data as of 2023, there were 67 mortgage originations in Potomac, IL, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Potomac, IL. Investor activity is low, as 3.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 67 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Potomac, IL
Potomac, 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 | $670 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,080 |
| 4 Bedroom | N/A | N/A | $1,190 |
Affordability — Potomac, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.6 |
| Median Home Price | $130,000 |
| Median Household Income | $71,800 |