Scott Air Force Base, IL—62225
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Scott Air Force Base, IL
Scott Air Force Base, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 — Scott Air Force Base, IL
Scott Air Force Base, 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 — Scott Air Force Base, IL
Scott Air Force Base, 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 | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Scott Air Force Base, IL
As of the latest ACS Survey released in 2023, Scott Air Force Base, IL has a population of 5,610, which has increased by 9.3% over the past 5 years. Scott Air Force Base, IL is a popular place for families, as children make up 38.1% of the population. The area has a moderately educated workforce, with 39.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,610 | 9.3% |
% Under 18 | 38.1% | 1.6% |
% Seniors | 0.7% | 75.0% |
% WFH | 8.8% | 158.8% |
% w/ College Degree | 39.6% | -10.8% |
As of the latest ACS Survey released in 2023, Scott Air Force Base, IL is a predominantly white area, with 59.6% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Scott Air Force Base, IL is black, making up 19.0% of the population. Foreign-born residents account for 2.7% of the population in Scott Air Force Base, IL, and this percentage has increased by 80.0% 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 | 59.6% | -6.3% |
% Black | 19.0% | -14.8% |
% Hispanic | 11.0% | 89.7% |
% Asian | 1.8% | 28.6% |
% Foreign Born | 2.7% | 80.0% |
Mortgage and Risk — Scott Air Force Base, IL
According to HUD data as of 2023, there were 83 mortgage originations in Scott Air Force Base, IL, of which 40.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Scott Air Force Base, IL. Investor activity is low, as 0.0% 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 | 83 |
% Conventional Loans | 40.0% |
% Government Loans | 60.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Scott Air Force Base, IL
Scott Air Force Base, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,470 |
| 2 Bedroom | N/A | N/A | $1,820 |
| 3 Bedroom | N/A | N/A | $2,350 |
| 4 Bedroom | N/A | N/A | $2,700 |
Affordability — Scott Air Force Base, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $92,000 |