Saint Elmo, IL—62458
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saint Elmo, IL
Saint Elmo, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $124,000 | -1.2% |
| Single Family | $124,000 | -3.1% |
| 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 — Saint Elmo, IL
Saint Elmo, 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 — Saint Elmo, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Saint Elmo, IL is 28. This is a decrease of -76.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $79,000 | -25.0% |
Listing Count | 9 | 0.0% |
| Listings as % of Homes | 0.8% | 0.0% |
Days on Market | 28 | -76.0% |
Demographics — Saint Elmo, IL
As of the latest ACS Survey released in 2023, Saint Elmo, IL has a population of 2,190, which has increased by 10.6% over the past 5 years. Saint Elmo, IL is a moderately popular place for families, as children make up 21.9% of the population. The area has a poorly educated workforce, with 11.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,190 | 10.6% |
% Under 18 | 21.9% | 11.7% |
% Seniors | 17.8% | -34.3% |
% WFH | 12.5% | 941.7% |
% w/ College Degree | 11.2% | 20.4% |
As of the latest ACS Survey released in 2023, Saint Elmo, IL is a predominantly white area, with 96.8% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Saint Elmo, IL is hispanic, making up 0.6% of the population. Foreign-born residents account for 0.9% of the population in Saint Elmo, IL, and this percentage has increased by 28.6% 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 | 96.8% | -2.2% |
% Black | 0.4% | 300.0% |
% Hispanic | 0.6% | 100.0% |
% Asian | 0.4% | ∞% |
% Foreign Born | 0.9% | 28.6% |
Mortgage and Risk — Saint Elmo, IL
According to HUD data as of 2023, there were 22 mortgage originations in Saint Elmo, IL, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Saint Elmo, IL. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 22 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Saint Elmo, IL
Saint Elmo, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% 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 | $720 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,120 |
| 4 Bedroom | N/A | N/A | $1,170 |
Affordability — Saint Elmo, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $124,000 |
| Median Household Income | $49,100 |