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Athens, IL—62613

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$226,000
9.6% YoY Growth
Household Income
$95,600
24.8% YoY Growth
Days on Market
15
15.0% Shorter YoY
Home Price Forecast
1.4%
Median Rent
$900
35.3% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$900
24.1% YoY Growth
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Athens, IL

As of May '26, the median home price in Athens, IL is $226,000, with a year-over-year change of 9.6%. This indicates that home prices in Athens, IL are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$226,0009.6%
Single Family $226,0009.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.4%
    1 Bedroom
    2.2%
    2 Bedrooms
    25.0%
    3 Bedrooms
    59.3%
    4 Bedrooms
    10.8%
    5+ Bedrooms
    2.3%

    Rental Trends — Athens, IL

    As of July '25, Rentcast reports the average rent in Athens, IL is $900, with a year-over-year rent change of -35.3%. Per bedroom, the median rent as of July '25 in Athens, IL is 2-bedrooms: $900. The most common rental property sizes in Athens, IL are 2-bedroom and 3-bedroom, accounting for 55.4% and 21.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$900$900
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $900$900
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    2.2%
    1 Bedroom
    11.9%
    2 Bedrooms
    55.4%
    3 Bedrooms
    21.9%
    4 Bedrooms
    8.6%

    Property Listings — Athens, IL

    As of May '26, Realtor.com reports that the median days on market for a home in Athens, IL is 15. This is a decrease of -15.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$218,000-7.0%
    Listing Count
    		14-29.0%
    Listings as % of Homes0.3%-29.0%
    Days on Market
    		15-15.0%
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    Demographics — Athens, IL

    As of the latest ACS Survey released in 2023, Athens, IL has a population of 3,660, which has decreased by -5.8% over the past 5 years. Athens, IL is a popular place for families, as children make up 27.2% of the population. The area has a moderately educated workforce, with 32.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		3,660-5.8%
    % Under 18
    		27.2%0.0%
    % Seniors
    		14.8%-2.0%
    % WFH
    		5.8%-9.4%
    % w/ College Degree
    		32.3%9.9%
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    As of the latest ACS Survey released in 2023, Athens, IL is a predominantly white area, with 93.6% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Athens, IL is hispanic, making up 3.3% of the population. Foreign-born residents account for 1.6% of the population in Athens, IL, and this percentage has increased by 166.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		93.6%-1.5%
    % Black
    		1.2%500.0%
    % Hispanic
    		3.3%312.5%
    % Asian
    		0.5%-54.5%
    % Foreign Born
    		1.6%166.7%
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    Mortgage and Risk — Athens, IL

    According to HUD data as of 2023, there were 111 mortgage originations in Athens, IL, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Athens, IL. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		111
    % Conventional Loans
    		77.0%
    % Government Loans
    		23.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		12.0%
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    Rentals and Section 8 — Athens, IL

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

    Section 8 Market Size

    Total Units under HUD
    		59
    Total Units Section 8
    		59
    % Rentals under Section 8
    		25.7%
    % Occupied Section 8
    		73.1%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$910
    2 Bedroom$220$900$1,120
    3 BedroomN/AN/A$1,510
    4 BedroomN/AN/A$1,550

    Affordability — Athens, IL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.9
    Median Home Price$226,000
    Median Household Income$95,600

    Athens, IL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Cantrall, IL

    62625

    Greenview, IL

    62642

    Sherman, IL

    62684

    Springfield, IL

    62707

    Williamsville, IL

    62693

    Frequently Asked Questions