Wood River, IL 62095 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Wood River, IL—62095

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$123,000

3.3% YoY Growth

Household Income

$66,600

45.4% YoY Growth

Days on Market

19.0% Longer YoY

Home Price Forecast

0.8%

Median Rent

$980

19.6% YoY Growth

1-Bed Rent

$675

4.5% YoY Growth

2-Bed Rent

$1,050

22.9% YoY Growth

3-Bed Rent

$1,250

N/A

Home Price Trends — Wood River, IL

As of Dec '25, the median home price in Wood River, IL is $123,000, with a year-over-year change of 3.3%. This indicates that home prices in Wood River, IL are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$123,000	3.3%
Single Family	$123,000	3.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Wood River, IL

As of July '25, Rentcast reports the average rent in Wood River, IL is $1,090, with a year-over-year rent change of 19.6%. Per bedroom, the median rent as of July '25 in Wood River, IL is 1-bedrooms: $744, 2-bedrooms: $1,030, 3-bedrooms: $1,620, 4-bedrooms: $1,650. The most common rental property sizes in Wood River, IL are 2-bedroom and 1-bedroom, accounting for 53.6% and 21.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$980	$1,090
Studio Rent	N/A	N/A
1 Bed Rent	$675	$744
2 Bed Rent	$1,050	$1,030
3 Bed Rent	$1,250	$1,620
4 Bed Rent	$1,650	$1,650

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% of Rental Stock

Studio

2.3%

1 Bedroom

21.0%

2 Bedrooms

53.6%

3 Bedrooms

20.6%

4 Bedrooms

2.5%

Property Listings — Wood River, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Wood River, IL is 53. This is a increase of 2.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$162,000	24.0%
Listing Count	18	7.0%
Listings as % of Homes	0.5%	7.0%
Days on Market	48	19.0%

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Demographics — Wood River, IL

As of the latest ACS Survey released in 2023, Wood River, IL has a population of 10,800, which has increased by 3.1% over the past 5 years. Wood River, IL is a moderately popular place for families, as children make up 21.1% of the population. The area has a poorly educated workforce, with 16.4% 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	10,800	3.1%
% Under 18	21.1%	-11.0%
% Seniors	14.6%	-7.6%
% WFH	5.8%	1,060.0%
% w/ College Degree	16.4%	11.6%

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As of the latest ACS Survey released in 2023, Wood River, IL is a predominantly white area, with 86.9% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Wood River, IL is black, making up 6.3% of the population. Foreign-born residents account for 1.7% of the population in Wood River, IL, and this percentage has increased by 30.8% 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	86.9%	-4.7%
% Black	6.3%	65.8%
% Hispanic	3.3%	120.0%
% Asian	0.0%	-100.0%
% Foreign Born	1.7%	30.8%

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Mortgage and Risk — Wood River, IL

According to HUD data as of 2023, there were 198 mortgage originations in Wood River, IL, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Wood River, IL. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	198
% Conventional Loans	72.0%
% Government Loans	28.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Wood River, IL

As of 2024, the percent of homes in Wood River, IL under the Section 8 program is 10.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Wood River, IL, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	151
Total Units Section 8	151
% Rentals under Section 8	10.6%
% Occupied Section 8	89.7%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$205	$675	$880
2 Bedroom	$40	$1,050	$1,090
3 Bedroom	$160	$1,250	$1,410
4 Bedroom	-$10	$1,650	$1,640

Wood River, IL—62095

Key Metrics at a Glance

Home Price Trends — Wood River, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wood River, IL

% of Rental Stock

Property Listings — Wood River, IL

Demographics — Wood River, IL

Race and Ethnicity

Mortgage and Risk — Wood River, IL

Mortgages

Rentals and Section 8 — Wood River, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Wood River, IL

Home Price to Income Ratio

Wood River, IL — ZIP Code Boundary Map

Nearby ZIP Codes

East Alton, IL

Roxana, IL

South Roxana, IL

Cottage Hills, IL

Bethalto, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.6
Median Home Price	$123,000
Median Household Income	$66,600

Wood River, IL—62095

Key Metrics at a Glance

Home Price Trends — Wood River, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wood River, IL

% of Rental Stock

Property Listings — Wood River, IL

Demographics — Wood River, IL

Race and Ethnicity

Mortgage and Risk — Wood River, IL

Mortgages

Rentals and Section 8 — Wood River, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Wood River, IL

Home Price to Income Ratio

Wood River, IL — ZIP Code Boundary Map

Nearby ZIP Codes

East Alton, IL

Roxana, IL

South Roxana, IL

Cottage Hills, IL

Bethalto, IL

Frequently Asked Questions

What is the average home price in Wood River, IL 62095?

How have home prices in Wood River, IL 62095 changed over the past year?

What is the home price projection for Wood River, IL 62095?

What are the demographics of Wood River, IL 62095?

How long does it take homes to sell in Wood River, IL 62095?

What is the average rent price in Wood River, IL 62095?