Chestnut, IL62518

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$144,000
N/A
Median Household Income
$52,300
N/A
Days on Market
23
7.0% Longer than last year
Home Price Forecast
N/A
Median 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

Property Listings — Chestnut, IL

As of Oct '25, Realtor.com reports that the median days on market for a home in Chestnut, IL is 23. This is a increase of 7.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$144,000-12.0%
Listing Count
1-25.0%
Listings as % of HomesN/A-25.0%
Days on Market
237.0%
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Demographics — Chestnut, IL

As of the latest ACS Survey released in 2023, Chestnut, IL has a population of 376, which has increased by 113.6% over the past 5 years. Chestnut, IL is a popular place for families, as children make up 39.1% of the population. The area has a poorly educated workforce, with 3.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
376113.6%
% Under 18
39.1%187.5%
% Seniors
16.2%-44.1%
% WFH
0.0%N/A
% w/ College Degree
3.5%∞%
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As of the latest ACS Survey released in 2023, Chestnut, IL is a predominantly white area, with 58.2% of the population identifying as white. The white population has shrunk by 41.8% in the last 5 years. The second most common race or ethnicity in Chestnut, IL is hispanic, making up 41.8% of the population. Foreign-born residents account for 23.1% of the population in Chestnut, IL, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
58.2%-41.8%
% Black
0.0%N/A
% Hispanic
41.8%∞%
% Asian
0.0%N/A
% Foreign Born
23.1%∞%
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Mortgage and Risk — Chestnut, IL

Chestnut, IL lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip 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

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Rentals and Section 8 — Chestnut, IL

Chestnut, 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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$680
2 BedroomN/AN/A$880
3 BedroomN/AN/A$1,100
4 BedroomN/AN/A$1,260

Affordability — Chestnut, IL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$52,300

Chestnut, IL — ZIP Code Boundary Map

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Frequently Asked Questions