Benld, IL—62009
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Benld, IL
As of Oct '25, the median home price in Benld, IL is $68,000, with a year-over-year change of -6.9%. This indicates that home prices in Benld, IL are decreasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $68,000 | -6.9% |
| Single Family | $69,000 | -8.0% |
| 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 — Benld, IL
Benld, 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 — Benld, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Benld, IL is 10. This is a increase of 467.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $140,000 | -42.0% |
Listing Count | 2 | -33.0% |
| Listings as % of Homes | 0.9% | -33.0% |
Days on Market | 10 | 467.0% |
Demographics — Benld, IL
As of the latest ACS Survey released in 2023, Benld, IL has a population of 1,750, which has decreased by -3.7% over the past 5 years. Benld, IL is a moderately popular place for families, as children make up 22.1% of the population. The area has a poorly educated workforce, with 11.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,750 | -3.7% |
% Under 18 | 22.1% | -16.6% |
% Seniors | 18.4% | -7.1% |
% WFH | 5.8% | ∞% |
% w/ College Degree | 11.1% | -13.3% |
As of the latest ACS Survey released in 2023, Benld, IL is a predominantly white area, with 93.0% 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 Benld, IL is black, making up 1.1% of the population. Foreign-born residents account for 2.5% of the population in Benld, IL, and this percentage has increased by 212.5% 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 | 93.0% | -2.7% |
% Black | 1.1% | ∞% |
% Hispanic | 0.6% | -78.6% |
% Asian | 0.3% | 50.0% |
% Foreign Born | 2.5% | 212.5% |
Mortgage and Risk — Benld, IL
According to HUD data as of 2023, there were 68 mortgage originations in Benld, IL, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Benld, IL. Investor activity is low, as 4.0% 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 | 68 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Benld, IL
Benld, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,170 |
| 4 Bedroom | N/A | N/A | $1,400 |
Affordability — Benld, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.5 |
| Median Home Price | $68,000 |
| Median Household Income | $44,900 |