Hardin, IL—62047
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hardin, IL
As of Oct '25, the median home price in Hardin, IL is $159,000, with a year-over-year change of -2.7%. This indicates that home prices in Hardin, IL are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $159,000 | -2.7% |
| Single Family | $159,000 | -3.0% |
| 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 — Hardin, IL
Hardin, 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 — Hardin, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Hardin, IL is 22. This is a increase of 100.0% 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 | $210,000 | 600.0% |
Listing Count | 4 | -15.0% |
| Listings as % of Homes | 0.3% | -15.0% |
Days on Market | 22 | 100.0% |
Demographics — Hardin, IL
As of the latest ACS Survey released in 2023, Hardin, IL has a population of 1,830, which has increased by 27.0% over the past 5 years. Hardin, IL is a moderately popular place for families, as children make up 18.9% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,830 | 27.0% |
% Under 18 | 18.9% | -15.6% |
% Seniors | 20.5% | 1.0% |
% WFH | 24.5% | 308.3% |
% w/ College Degree | 22.4% | 140.9% |
As of the latest ACS Survey released in 2023, Hardin, IL is a predominantly white area, with 96.8% of the population identifying as white. The white population has grown by 4.0% in the last 5 years. The second most common race or ethnicity in Hardin, IL is black, making up 0.8% of the population. Foreign-born residents account for 0.8% of the population in Hardin, IL, and this percentage has decreased by 20.0% 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 | 96.8% | 4.0% |
% Black | 0.8% | -20.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.8% | -20.0% |
Mortgage and Risk — Hardin, IL
According to HUD data as of 2023, there were 25 mortgage originations in Hardin, IL, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Hardin, IL. Investor activity is low, as 12.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 25 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 12.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Hardin, IL
Hardin, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 21 |
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 | $880 |
| 2 Bedroom | N/A | N/A | $1,090 |
| 3 Bedroom | N/A | N/A | $1,410 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Hardin, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.4 |
| Median Home Price | $159,000 |
| Median Household Income | $111,000 |