Trenton, IL—62293
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Trenton, IL
As of Oct '25, the median home price in Trenton, IL is $256,000, with a year-over-year change of 5.9%. This indicates that home prices in Trenton, IL are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $256,000 | 5.9% |
| Single Family | $257,000 | 6.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $175,000 | 5.4% |
3 Bed | $261,000 | 5.2% |
4 Bed | $380,000 | 5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Trenton, IL
Trenton, 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 — Trenton, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Trenton, IL is 23. This is a decrease of -25.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $204,000 | 14.0% |
Listing Count | 10 | 14.0% |
| Listings as % of Homes | 0.2% | 14.0% |
Days on Market | 23 | -25.0% |
Demographics — Trenton, IL
As of the latest ACS Survey released in 2023, Trenton, IL has a population of 4,570, which has increased by 3.3% over the past 5 years. Trenton, IL is a moderately popular place for families, as children make up 19.8% of the population. The area has a moderately educated workforce, with 34.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,570 | 3.3% |
% Under 18 | 19.8% | -6.2% |
% Seniors | 21.5% | 25.7% |
% WFH | 11.2% | 348.0% |
% w/ College Degree | 34.1% | 7.6% |
As of the latest ACS Survey released in 2023, Trenton, IL is a predominantly white area, with 93.7% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Trenton, IL is hispanic, making up 1.3% of the population. Foreign-born residents account for 0.8% of the population in Trenton, IL, and this percentage has decreased by 27.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.7% | -3.8% |
% Black | 0.2% | 100.0% |
% Hispanic | 1.3% | 18.2% |
% Asian | 0.4% | -66.7% |
% Foreign Born | 0.8% | -27.3% |
Mortgage and Risk — Trenton, IL
According to HUD data as of 2023, there were 137 mortgage originations in Trenton, IL, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Trenton, IL. Investor activity is low, as 6.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 137 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Trenton, IL
Trenton, 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 | $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 |
Affordability — Trenton, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $256,000 |
| Median Household Income | $90,100 |