Auburn, IL 62615 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Auburn, IL—62615

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$177,000

2.9% YoY Growth

Household Income

$79,400

21.7% YoY Growth

Days on Market

16.0% Shorter YoY

Home Price Forecast

1.4%

Median Rent

$800

45.9% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$800

N/A

3-Bed Rent

$2,500

13.6% YoY Growth

Home Price Trends — Auburn, IL

As of Dec '25, the median home price in Auburn, IL is $177,000, with a year-over-year change of 2.9%. This indicates that home prices in Auburn, 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 Type	Median Home Value	YoY % Change
All Homes	$177,000	2.9%
Single Family	$177,000	4.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Auburn, IL

As of July '25, Rentcast reports the average rent in Auburn, IL is $1,190, with a year-over-year rent change of -45.9%. Per bedroom, the median rent as of July '25 in Auburn, IL is 2-bedrooms: $788, 3-bedrooms: $2,500, 4-bedrooms: $1,500. The most common rental property sizes in Auburn, IL are 2-bedroom and 1-bedroom, accounting for 57.4% and 16.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$800	$1,190
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$800	$788
3 Bed Rent	$2,500	$2,500
4 Bed Rent	$1,500	$1,500

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% of Rental Stock

1 Bedroom

16.8%

2 Bedrooms

57.4%

3 Bedrooms

13.5%

4 Bedrooms

12.3%

Property Listings — Auburn, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Auburn, IL is 24. This is a decrease of -25.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$191,000	38.0%
Listing Count	9	-41.0%
Listings as % of Homes	0.3%	-41.0%
Days on Market	38	-16.0%

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Demographics — Auburn, IL

As of the latest ACS Survey released in 2023, Auburn, IL has a population of 5,080, which has decreased by -11.2% over the past 5 years. Auburn, IL is a popular place for families, as children make up 28.2% of the population. The area has a poorly educated workforce, with 24.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,080	-11.2%
% Under 18	28.2%	19.0%
% Seniors	15.0%	11.1%
% WFH	5.9%	126.9%
% w/ College Degree	24.9%	25.8%

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As of the latest ACS Survey released in 2023, Auburn, IL is a predominantly white area, with 92.1% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Auburn, IL is hispanic, making up 5.4% of the population. Foreign-born residents account for 0.0% of the population in Auburn, IL, and this percentage has decreased by 100.0% 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	92.1%	-4.0%
% Black	0.2%	-93.1%
% Hispanic	5.4%	170.0%
% Asian	0.0%	-100.0%
% Foreign Born	0.0%	-100.0%

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Mortgage and Risk — Auburn, IL

According to HUD data as of 2023, there were 128 mortgage originations in Auburn, IL, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Auburn, IL. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	128
% Conventional Loans	78.0%
% Government Loans	22.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Auburn, IL

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

Section 8 Market Size

Total Units under HUD	2
Total Units Section 8	2
% Rentals under Section 8	1.6%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$950
2 Bedroom	$370	$800	$1,170
3 Bedroom	-$920	$2,500	$1,580
4 Bedroom	$120	$1,500	$1,620

Auburn, IL—62615

Key Metrics at a Glance

Home Price Trends — Auburn, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Auburn, IL

% of Rental Stock

Property Listings — Auburn, IL

Demographics — Auburn, IL

Race and Ethnicity

Mortgage and Risk — Auburn, IL

Mortgages

Rentals and Section 8 — Auburn, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Auburn, IL

Home Price to Income Ratio

Auburn, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Thayer

Virden, IL

Chatham, IL

Divernon, IL

Glenarm, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2
Median Home Price	$177,000
Median Household Income	$79,400

Auburn, IL—62615

Key Metrics at a Glance

Home Price Trends — Auburn, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Auburn, IL

% of Rental Stock

Property Listings — Auburn, IL

Demographics — Auburn, IL

Race and Ethnicity

Mortgage and Risk — Auburn, IL

Mortgages

Rentals and Section 8 — Auburn, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Auburn, IL

Home Price to Income Ratio

Auburn, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Thayer

Virden, IL

Chatham, IL

Divernon, IL

Glenarm, IL

Frequently Asked Questions

What is the average home price in Auburn, IL 62615?

How have home prices in Auburn, IL 62615 changed over the past year?

What is the home price projection for Auburn, IL 62615?

What are the demographics of Auburn, IL 62615?

How long does it take homes to sell in Auburn, IL 62615?

What is the average rent price in Auburn, IL 62615?