Moweaqua, IL62550

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$157,000
10.4% YoY Growth
Median Household Income
$75,500
17.9% 5-Year Growth
Days on Market
106
421.0% 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 — Moweaqua, IL

As of Oct '25, Realtor.com reports that the median days on market for a home in Moweaqua, IL is 106. This is a increase of 421.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$194,0003.0%
Listing Count
811.0%
Listings as % of Homes0.2%11.0%
Days on Market
106421.0%
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Demographics — Moweaqua, IL

As of the latest ACS Survey released in 2023, Moweaqua, IL has a population of 3,070, which has increased by 10.5% over the past 5 years. Moweaqua, IL is a popular place for families, as children make up 28.6% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
3,07010.5%
% Under 18
28.6%21.7%
% Seniors
17.0%-15.8%
% WFH
4.3%13.2%
% w/ College Degree
22.4%-7.1%
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As of the latest ACS Survey released in 2023, Moweaqua, IL is a predominantly white area, with 94.2% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Moweaqua, IL is hispanic, making up 2.5% of the population. Foreign-born residents account for 0.2% of the population in Moweaqua, IL, and this percentage has decreased by 50.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.2%-3.4%
% Black
0.2%-66.7%
% Hispanic
2.5%257.1%
% Asian
0.0%-100.0%
% Foreign Born
0.2%-50.0%
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Mortgage and Risk — Moweaqua, IL

According to HUD data as of 2023, there were 29 mortgage originations in Moweaqua, IL, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Moweaqua, IL. Investor activity is low, as 0.0% of loans were by investors. 28.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
29
% Conventional Loans
59.0%
% Government Loans
41.0%
% Investor Loans
0.0%
% Second Loans
3.0%
% Cash Out Refinance
28.0%

Loan Activity

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Rentals and Section 8 — Moweaqua, IL

Moweaqua, 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$850
2 BedroomN/AN/A$1,110
3 BedroomN/AN/A$1,370
4 BedroomN/AN/A$1,610

Affordability — Moweaqua, IL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.8
Median Home Price$157,000
Median Household Income$75,500

Moweaqua, IL — ZIP Code Boundary Map

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Frequently Asked Questions