Athens, IL—62613
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Athens, IL
As of Oct '25, the median home price in Athens, IL is $211,000, with a year-over-year change of 11.2%. This indicates that home prices in Athens, 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 | $211,000 | 11.2% |
| Single Family | $211,000 | 11.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $900 | $900 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Athens, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Athens, IL is 39. This is a increase of 38.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $177,000 | 31.0% |
Listing Count | 13 | 0.0% |
| Listings as % of Homes | 0.3% | 0.0% |
Days on Market | 39 | 38.0% |
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.
| Metric | Latest Census | YoY % 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% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $910 |
| 2 Bedroom | $220 | $900 | $1,120 |
| 3 Bedroom | N/A | N/A | $1,510 |
| 4 Bedroom | N/A | N/A | $1,550 |
Affordability — Athens, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $211,000 |
| Median Household Income | $95,600 |