Red Bud, IL 62278 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Red Bud, IL—62278

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$243,000

11.8% YoY Growth

Household Income

$85,000

28.5% YoY Growth

Days on Market

78

3.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Red Bud, IL

Red Bud, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$243,000	11.8%
Single Family	$244,000	13.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Red Bud, IL

Red Bud, 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

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% of Rental Stock

Studio

10.1%

1 Bedroom

12.1%

2 Bedrooms

58.9%

3 Bedrooms

19.0%

Property Listings — Red Bud, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Red Bud, IL is 94. This is a increase of 5.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$97,500	15.0%
Listing Count	7	-6.0%
Listings as % of Homes	0.4%	-6.0%
Days on Market	78	-3.0%

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Demographics — Red Bud, IL

As of the latest ACS Survey released in 2023, Red Bud, IL has a population of 6,420, which has decreased by -1.8% over the past 5 years. Red Bud, IL is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 21.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,420	-1.8%
% Under 18	24.7%	9.3%
% Seniors	21.6%	14.3%
% WFH	6.3%	173.9%
% w/ College Degree	21.8%	23.9%

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As of the latest ACS Survey released in 2023, Red Bud, IL is a predominantly white area, with 93.9% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Red Bud, IL is asian, making up 2.3% of the population. Foreign-born residents account for 3.1% of the population in Red Bud, IL, and this percentage has increased by 520.0% 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	93.9%	-3.0%
% Black	0.3%	∞%
% Hispanic	1.3%	-7.1%
% Asian	2.3%	1,050.0%
% Foreign Born	3.1%	520.0%

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Mortgage and Risk — Red Bud, IL

According to HUD data as of 2023, there were 108 mortgage originations in Red Bud, IL, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Red Bud, IL. Investor activity is low, as 6.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	108
% Conventional Loans	78.0%
% Government Loans	22.0%
% Investor Loans	6.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Red Bud, IL

Red Bud, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	11
Total Units Section 8	11
% Rentals under Section 8	1.8%
% 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

Red Bud, IL—62278

Key Metrics at a Glance

Home Price Trends — Red Bud, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Red Bud, IL

% of Rental Stock

Property Listings — Red Bud, IL

Demographics — Red Bud, IL

Race and Ethnicity

Mortgage and Risk — Red Bud, IL

Mortgages

Rentals and Section 8 — Red Bud, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Red Bud, IL

Home Price to Income Ratio

Red Bud, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Hecker

New Athens, IL

Prairie du Rocher, IL

Smithton, IL

Waterloo, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.3
Median Home Price	$243,000
Median Household Income	$85,000

Red Bud, IL—62278

Key Metrics at a Glance

Home Price Trends — Red Bud, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Red Bud, IL

% of Rental Stock

Property Listings — Red Bud, IL

Demographics — Red Bud, IL

Race and Ethnicity

Mortgage and Risk — Red Bud, IL

Mortgages

Rentals and Section 8 — Red Bud, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Red Bud, IL

Home Price to Income Ratio

Red Bud, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Hecker

New Athens, IL

Prairie du Rocher, IL

Smithton, IL

Waterloo, IL

Frequently Asked Questions

What is the average home price in Red Bud, IL 62278?

How have home prices in Red Bud, IL 62278 changed over the past year?

What is the home price projection for Red Bud, IL 62278?

What are the demographics of Red Bud, IL 62278?

How long does it take homes to sell in Red Bud, IL 62278?

What is the average rent price in Red Bud, IL 62278?