Bunje, IL—62086
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bunje, IL
As of Oct '25, the median home price in Bunje, IL is $144,000, with a year-over-year change of -2.1%. This indicates that home prices in Bunje, IL are decreasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $144,000 | -2.1% |
| Single Family | $144,000 | 0.0% |
| 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 — Bunje, IL
Bunje, 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 — Bunje, IL
Bunje, IL lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | 0.4% | N/A |
Days on Market | N/A | N/A |
Demographics — Bunje, IL
As of the latest ACS Survey released in 2023, Bunje, IL has a population of 1,400, which has increased by 10.8% over the past 5 years. Bunje, IL is a moderately popular place for families, as children make up 19.0% of the population. The area has a poorly educated workforce, with 15.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,400 | 10.8% |
% Under 18 | 19.0% | -18.8% |
% Seniors | 16.6% | -18.2% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 15.6% | -6.0% |
As of the latest ACS Survey released in 2023, Bunje, IL is a predominantly white area, with 89.6% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Bunje, IL is hispanic, making up 1.1% of the population. Foreign-born residents account for 0.2% of the population in Bunje, IL, and this percentage has decreased by 90.0% 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 | 89.6% | -3.2% |
% Black | 0.1% | ∞% |
% Hispanic | 1.1% | -78.8% |
% Asian | 0.1% | -92.9% |
% Foreign Born | 0.2% | -90.0% |
Mortgage and Risk — Bunje, IL
According to HUD data as of 2023, there were 40 mortgage originations in Bunje, IL, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Bunje, IL. Investor activity is low, as 5.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 40 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Bunje, IL
Bunje, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
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 — Bunje, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $144,000 |
| Median Household Income | $61,700 |