Weldon, IL 61882 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Weldon, IL—61882

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$125,000

1.9% YoY Growth

Household Income

$77,000

37.1% YoY Growth

Days on Market

28.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Weldon, IL

Weldon, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$125,000	1.9%
Single Family	$125,000	1.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Weldon, IL

Weldon, 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

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% of Rental Stock

1 Bedroom

2.9%

2 Bedrooms

50.0%

3 Bedrooms

17.6%

4 Bedrooms

29.4%

Property Listings — Weldon, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Weldon, IL is 34. This is a decrease of -69.0% 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	$91,200	-46.0%
Listing Count	3	100.0%
Listings as % of Homes	0.7%	100.0%
Days on Market	56	-28.0%

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Demographics — Weldon, IL

As of the latest ACS Survey released in 2023, Weldon, IL has a population of 714, which has increased by 2.9% over the past 5 years. Weldon, IL is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 20.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	714	2.9%
% Under 18	24.2%	12.6%
% Seniors	17.6%	-22.1%
% WFH	3.5%	-5.4%
% w/ College Degree	20.7%	69.7%

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As of the latest ACS Survey released in 2023, Weldon, IL is a predominantly white area, with 94.5% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Weldon, IL is black, making up 3.8% of the population. Foreign-born residents account for 0.6% of the population in Weldon, IL, and this percentage has increased by Inf% 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	94.5%	-0.5%
% Black	3.8%	∞%
% Hispanic	0.4%	-33.3%
% Asian	0.0%	N/A
% Foreign Born	0.6%	∞%

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Mortgage and Risk — Weldon, IL

Weldon, 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

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Rentals and Section 8 — Weldon, IL

Weldon, 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	N/A	N/A	$990
3 Bedroom	N/A	N/A	$1,290
4 Bedroom	N/A	N/A	$1,650

Weldon, IL—61882

Key Metrics at a Glance

Home Price Trends — Weldon, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Weldon, IL

% of Rental Stock

Property Listings — Weldon, IL

Demographics — Weldon, IL

Race and Ethnicity

Mortgage and Risk — Weldon, IL

Mortgages

Rentals and Section 8 — Weldon, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Weldon, IL

Home Price to Income Ratio

Weldon, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Cisco, IL

De Land, IL

Farmer City, IL

Oreana, IL

Monticello, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	$125,000
Median Household Income	$77,000

Weldon, IL—61882

Key Metrics at a Glance

Home Price Trends — Weldon, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Weldon, IL

% of Rental Stock

Property Listings — Weldon, IL

Demographics — Weldon, IL

Race and Ethnicity

Mortgage and Risk — Weldon, IL

Mortgages

Rentals and Section 8 — Weldon, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Weldon, IL

Home Price to Income Ratio

Weldon, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Cisco, IL

De Land, IL

Farmer City, IL

Oreana, IL

Monticello, IL

Frequently Asked Questions

What is the average home price in Weldon, IL 61882?

How have home prices in Weldon, IL 61882 changed over the past year?

What is the home price projection for Weldon, IL 61882?

What are the demographics of Weldon, IL 61882?

How long does it take homes to sell in Weldon, IL 61882?

What is the average rent price in Weldon, IL 61882?