Auburn, IL—62615
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Auburn, IL
As of Oct '25, the median home price in Auburn, IL is $177,000, with a year-over-year change of 1.7%. This indicates that home prices in Auburn, IL are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $177,000 | 1.7% |
| Single Family | $177,000 | 2.9% |
| 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 — 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 |
% of Rental Stock
Property Listings — Auburn, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Auburn, IL is 19. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $234,000 | 37.0% |
Listing Count | 5 | -43.0% |
| Listings as % of Homes | 0.3% | -43.0% |
Days on Market | 19 | -1.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Auburn, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $177,000 |
| Median Household Income | $79,400 |