New Athens, IL—62264
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Athens, IL
As of Oct '25, the median home price in New Athens, IL is $159,000, with a year-over-year change of 1.7%. This indicates that home prices in New Athens, IL are increasing. According to Zillow, the 1-year price projection is -0.5%, 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 | 1.7% |
| Single Family | $159,000 | 1.9% |
| 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 | $182,000 | 5.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Athens, IL
New Athens, 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 — New Athens, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in New Athens, IL is 46. This is a increase of 103.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $274,000 | 48.0% |
Listing Count | 9 | 117.0% |
| Listings as % of Homes | 0.1% | 117.0% |
Days on Market | 46 | 103.0% |
Demographics — New Athens, IL
As of the latest ACS Survey released in 2023, New Athens, IL has a population of 3,150, which has decreased by -15.8% over the past 5 years. New Athens, IL is a moderately popular place for families, as children make up 22.8% of the population. The area has a poorly educated workforce, with 15.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,150 | -15.8% |
% Under 18 | 22.8% | 3.2% |
% Seniors | 18.2% | 19.0% |
% WFH | 1.1% | -50.0% |
% w/ College Degree | 15.0% | 41.5% |
As of the latest ACS Survey released in 2023, New Athens, IL is a predominantly white area, with 91.8% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in New Athens, IL is hispanic, making up 4.6% of the population. Foreign-born residents account for 2.6% of the population in New Athens, IL, and this percentage has increased by 766.7% 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 | 91.8% | -6.7% |
% Black | 0.1% | -80.0% |
% Hispanic | 4.6% | 820.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.6% | 766.7% |
Mortgage and Risk — New Athens, IL
According to HUD data as of 2023, there were 105 mortgage originations in New Athens, IL, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in New Athens, IL. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 105 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — New Athens, IL
New Athens, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 34 |
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 | $920 |
| 2 Bedroom | N/A | N/A | $1,130 |
| 3 Bedroom | N/A | N/A | $1,460 |
| 4 Bedroom | N/A | N/A | $1,680 |
Affordability — New Athens, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $159,000 |
| Median Household Income | $61,200 |