Chapin, IL—62628
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chapin, IL
As of Oct '25, the median home price in Chapin, IL is $90,000, with a year-over-year change of -7.6%. This indicates that home prices in Chapin, IL are decreasing. According to Zillow, the 1-year price projection is -4.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $90,000 | -7.7% |
| Single Family | $89,000 | -9.2% |
| 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 — Chapin, IL
Chapin, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Chapin, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Chapin, IL is 29. This is a increase of 18.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $75,000 | -72.0% |
Listing Count | 6 | 56.0% |
| Listings as % of Homes | 0.3% | 56.0% |
Days on Market | 29 | 18.0% |
Demographics — Chapin, IL
As of the latest ACS Survey released in 2023, Chapin, IL has a population of 871, which has increased by 13.7% over the past 5 years. Chapin, IL is a moderately popular place for families, as children make up 24.5% of the population. The area has a poorly educated workforce, with 24.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 871 | 13.7% |
% Under 18 | 24.5% | 6.5% |
% Seniors | 19.4% | 11.5% |
% WFH | 7.9% | 54.9% |
% w/ College Degree | 24.6% | 37.4% |
As of the latest ACS Survey released in 2023, Chapin, IL is a predominantly white area, with 93.6% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Chapin, IL is hispanic, making up 1.0% of the population. Foreign-born residents account for 0.9% of the population in Chapin, IL, and this percentage has increased by Inf% 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% | -5.1% |
% Black | 0.0% | N/A |
% Hispanic | 1.0% | -28.6% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.9% | ∞% |
Mortgage and Risk — Chapin, IL
Chapin, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Chapin, IL
Chapin, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $990 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Chapin, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.1 |
| Median Home Price | $90,000 |
| Median Household Income | $79,800 |