Raymond, IL 62560 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Raymond, IL—62560

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$173,000

20.3% YoY Growth

Household Income

$71,900

33.6% YoY Growth

Days on Market

105

2,100.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$800

7.1% YoY Growth

1-Bed Rent

$675

N/A

2-Bed Rent

$800

3.2% YoY Growth

3-Bed Rent

$1,000

0.0% YoY Growth

Home Price Trends — Raymond, IL

Raymond, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$173,000	20.3%
Single Family	$173,000	19.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Raymond, IL

As of July '25, Rentcast reports the average rent in Raymond, IL is $825, with a year-over-year rent change of -7.1%. Per bedroom, the median rent as of July '25 in Raymond, IL is 1-bedrooms: $675, 2-bedrooms: $800, 3-bedrooms: $1,000. The most common rental property sizes in Raymond, IL are studio and 3-bedroom, accounting for 22.7% and 21.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$800	$825
Studio Rent	N/A	N/A
1 Bed Rent	$675	$675
2 Bed Rent	$800	$800
3 Bed Rent	$1,000	$1,000
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

22.7%

1 Bedroom

16.2%

2 Bedrooms

17.5%

3 Bedrooms

21.4%

4 Bedrooms

18.2%

5+ Bedrooms

3.9%

Property Listings — Raymond, IL

As of May '26, Realtor.com reports that the median days on market for a home in Raymond, IL is 105. This is a increase of 2100.0% 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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$169,000	19.0%
Listing Count	5	150.0%
Listings as % of Homes	0.5%	150.0%
Days on Market	105	2,100.0%

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Demographics — Raymond, IL

As of the latest ACS Survey released in 2023, Raymond, IL has a population of 1,490, which has increased by 24.5% over the past 5 years. Raymond, IL is a moderately popular place for families, as children make up 25.0% of the population. The area has a moderately educated workforce, with 28.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,490	24.5%
% Under 18	25.0%	-0.4%
% Seniors	15.2%	-17.8%
% WFH	9.6%	772.7%
% w/ College Degree	28.5%	42.5%

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As of the latest ACS Survey released in 2023, Raymond, IL is a predominantly white area, with 93.8% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Raymond, IL is black, making up 2.4% of the population. Foreign-born residents account for 0.5% of the population in Raymond, IL, and this percentage has decreased by 84.8% 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	93.8%	-3.9%
% Black	2.4%	∞%
% Hispanic	0.3%	∞%
% Asian	0.0%	-100.0%
% Foreign Born	0.5%	-84.8%

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Mortgage and Risk — Raymond, IL

According to HUD data as of 2023, there were 40 mortgage originations in Raymond, IL, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Raymond, IL. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	40
% Conventional Loans	82.0%
% Government Loans	17.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Raymond, IL

Raymond, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	13
Total Units Section 8	2
% Rentals under Section 8	1.3%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$55	$675	$730
2 Bedroom	$160	$800	$960
3 Bedroom	$210	$1,000	$1,210
4 Bedroom	N/A	N/A	$1,350

Raymond, IL—62560

Key Metrics at a Glance

Home Price Trends — Raymond, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Raymond, IL

% of Rental Stock

Property Listings — Raymond, IL

Demographics — Raymond, IL

Race and Ethnicity

Mortgage and Risk — Raymond, IL

Mortgages

Rentals and Section 8 — Raymond, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Raymond, IL

Home Price to Income Ratio

Raymond, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Harvel, IL

Waggoner, IL

Litchfield, IL

Morrisonville, IL

Nilwood

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.7
Median Home Price	$173,000
Median Household Income	$71,900

Raymond, IL—62560

Key Metrics at a Glance

Home Price Trends — Raymond, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Raymond, IL

% of Rental Stock

Property Listings — Raymond, IL

Demographics — Raymond, IL

Race and Ethnicity

Mortgage and Risk — Raymond, IL

Mortgages

Rentals and Section 8 — Raymond, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Raymond, IL

Home Price to Income Ratio

Raymond, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Harvel, IL

Waggoner, IL

Litchfield, IL

Morrisonville, IL

Nilwood

Frequently Asked Questions

What is the average home price in Raymond, IL 62560?

How have home prices in Raymond, IL 62560 changed over the past year?

What is the home price projection for Raymond, IL 62560?

What are the demographics of Raymond, IL 62560?

How long does it take homes to sell in Raymond, IL 62560?

What is the average rent price in Raymond, IL 62560?