Stonington, IL—62567
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Stonington, IL
As of Oct '25, the median home price in Stonington, IL is $118,000, with a year-over-year change of 5.2%. This indicates that home prices in Stonington, IL are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $118,000 | 5.2% |
| Single Family | $118,000 | 6.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $89,000 | 3.5% |
3 Bed | $131,000 | 9.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Stonington, IL
Stonington, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $975 | $975 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $975 | $975 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Stonington, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Stonington, IL is 38. This is a decrease of -63.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $144,000 | -43.0% |
Listing Count | 3 | -40.0% |
| Listings as % of Homes | 0.2% | -40.0% |
Days on Market | 38 | -63.0% |
Demographics — Stonington, IL
As of the latest ACS Survey released in 2023, Stonington, IL has a population of 861, which has decreased by -16.8% over the past 5 years. Stonington, IL is a less popular place for families, as children make up 11.5% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 861 | -16.8% |
% Under 18 | 11.5% | -46.0% |
% Seniors | 24.6% | 52.8% |
% WFH | 7.7% | 1,183.3% |
% w/ College Degree | 16.9% | -15.9% |
As of the latest ACS Survey released in 2023, Stonington, IL is a predominantly white area, with 93.8% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Stonington, IL is hispanic, making up 2.3% of the population. Foreign-born residents account for 1.3% of the population in Stonington, IL, and this percentage has increased by 160.0% 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 | 93.8% | -4.9% |
% Black | 0.2% | ∞% |
% Hispanic | 2.3% | 64.3% |
% Asian | 1.4% | 180.0% |
% Foreign Born | 1.3% | 160.0% |
Mortgage and Risk — Stonington, IL
According to HUD data as of 2023, there were 24 mortgage originations in Stonington, IL, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 91.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Stonington, IL. Investor activity is low, as 8.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 24 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 8.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Stonington, IL
Stonington, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% 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 | $760 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | $225 | $975 | $1,200 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — Stonington, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.4 |
| Median Home Price | $118,000 |
| Median Household Income | $66,500 |