Assumption, IL—62510
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Assumption, IL
Assumption, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $123,000 | 10.0% |
| Single Family | $123,000 | 10.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $87,000 | 10.1% |
3 Bed | $138,000 | 11.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Assumption, IL
Assumption, 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 — Assumption, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Assumption, IL is 72. This is a increase of 142.0% 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 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $148,000 | -11.0% |
Listing Count | 7 | -29.0% |
| Listings as % of Homes | 0.5% | -29.0% |
Days on Market | 72 | 142.0% |
Demographics — Assumption, IL
As of the latest ACS Survey released in 2023, Assumption, IL has a population of 1,570, which has increased by 2.3% over the past 5 years. Assumption, IL is a moderately popular place for families, as children make up 20.8% of the population. The area has a poorly educated workforce, with 15.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,570 | 2.3% |
% Under 18 | 20.8% | -20.6% |
% Seniors | 25.9% | 22.7% |
% WFH | 7.5% | 127.3% |
% w/ College Degree | 15.9% | -23.2% |
As of the latest ACS Survey released in 2023, Assumption, IL is a predominantly white area, with 88.0% of the population identifying as white. The white population has shrunk by 9.4% in the last 5 years. The second most common race or ethnicity in Assumption, IL is hispanic, making up 8.5% of the population. Foreign-born residents account for 0.1% of the population in Assumption, IL, and this percentage has decreased by 87.5% 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 | 88.0% | -9.4% |
% Black | 1.8% | 157.1% |
% Hispanic | 8.5% | 8,400.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.1% | -87.5% |
Mortgage and Risk — Assumption, IL
Assumption, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Assumption, IL
Assumption, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 14 |
Total Units Section 8 | 14 |
% 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 | $660 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,050 |
| 4 Bedroom | N/A | N/A | $1,210 |
Affordability — Assumption, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $123,000 |
| Median Household Income | $55,700 |