Staunton, IL—62088
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Staunton, IL
As of Oct '25, the median home price in Staunton, IL is $153,000, with a year-over-year change of 2.6%. This indicates that home prices in Staunton, IL are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $153,000 | 2.7% |
| Single Family | $153,000 | 2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $108,000 | 5.9% |
3 Bed | $175,000 | 5.4% |
4 Bed | $248,000 | 5.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Staunton, IL
Staunton, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $1,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $750 | $750 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Staunton, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Staunton, IL is 57. This is a decrease of -14.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $232,000 | 9.0% |
Listing Count | 31 | -11.0% |
| Listings as % of Homes | 0.4% | -11.0% |
Days on Market | 57 | -14.0% |
Demographics — Staunton, IL
As of the latest ACS Survey released in 2023, Staunton, IL has a population of 6,480, which has decreased by -1.3% over the past 5 years. Staunton, 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 20.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,480 | -1.3% |
% Under 18 | 18.9% | -5.5% |
% Seniors | 20.9% | 8.9% |
% WFH | 5.3% | 103.8% |
% w/ College Degree | 20.6% | 12.6% |
As of the latest ACS Survey released in 2023, Staunton, IL is a predominantly white area, with 95.1% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Staunton, IL is asian, making up 1.7% of the population. Foreign-born residents account for 1.9% of the population in Staunton, IL, and this percentage has increased by 137.5% 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 | 95.1% | -4.2% |
% Black | 0.3% | ∞% |
% Hispanic | 0.3% | 50.0% |
% Asian | 1.7% | 1,600.0% |
% Foreign Born | 1.9% | 137.5% |
Mortgage and Risk — Staunton, IL
According to HUD data as of 2023, there were 85 mortgage originations in Staunton, IL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Staunton, IL. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 85 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Staunton, IL
Staunton, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 82 |
Total Units Section 8 | 19 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 66.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | $340 | $750 | $1,090 |
| 3 Bedroom | N/A | N/A | $1,410 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Staunton, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $153,000 |
| Median Household Income | $66,100 |