Weldon, IL—61882
Real Estate Data & Market Trends
Key Metrics at a Glance
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 | $123,000 | 2.6% |
| Single Family | $123,000 | 1.7% |
| 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 — 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 |
% of Rental Stock
Property Listings — Weldon, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Weldon, IL is 18. This is a decrease of -66.0% 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 | $120,000 | -62.0% |
Listing Count | 2 | 50.0% |
| Listings as % of Homes | 0.7% | 50.0% |
Days on Market | 18 | -66.0% |
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% |
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% | ∞% |
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 |
Loan Activity
No data available
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 |
Affordability — Weldon, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | $123,000 |
| Median Household Income | $77,000 |