Havana, IL 62644 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Havana, IL—62644

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$85,000

0.8% YoY Growth

Household Income

$57,100

49.7% YoY Growth

Days on Market

22.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$625

2.1% YoY Growth

1-Bed Rent

$625

2.1% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Havana, IL

Havana, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$85,000	-0.8%
Single Family	$85,000	1.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Havana, IL

As of July '25, Rentcast reports the average rent in Havana, IL is $638, with a year-over-year rent change of 2.1%. Per bedroom, the median rent as of July '25 in Havana, IL is 1-bedrooms: $638. The most common rental property sizes in Havana, IL are 2-bedroom and 1-bedroom, accounting for 40.9% and 27.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$625	$638
Studio Rent	N/A	N/A
1 Bed Rent	$625	$638
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

6.7%

1 Bedroom

27.1%

2 Bedrooms

40.9%

3 Bedrooms

19.5%

4 Bedrooms

5.8%

Property Listings — Havana, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Havana, IL is 69. This is a decrease of -14.0% 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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$87,400	-12.0%
Listing Count	16	32.0%
Listings as % of Homes	0.9%	32.0%
Days on Market	78	-22.0%

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Demographics — Havana, IL

As of the latest ACS Survey released in 2023, Havana, IL has a population of 4,660, which has decreased by -5.8% over the past 5 years. Havana, IL is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 20.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,660	-5.8%
% Under 18	21.4%	-1.4%
% Seniors	23.4%	-5.3%
% WFH	6.3%	152.0%
% w/ College Degree	20.3%	27.7%

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As of the latest ACS Survey released in 2023, Havana, IL is a predominantly white area, with 93.0% 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 Havana, IL is hispanic, making up 3.0% of the population. Foreign-born residents account for 0.6% of the population in Havana, IL, and this percentage has decreased by 14.3% 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	93.0%	-5.1%
% Black	1.4%	250.0%
% Hispanic	3.0%	650.0%
% Asian	0.3%	0.0%
% Foreign Born	0.6%	-14.3%

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Mortgage and Risk — Havana, IL

According to HUD data as of 2023, there were 52 mortgage originations in Havana, IL, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Havana, IL. Investor activity is low, as 10.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	52
% Conventional Loans	69.0%
% Government Loans	31.0%
% Investor Loans	10.0%
% Second Loans	4.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Havana, IL

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

Section 8 Market Size

Total Units under HUD	135
Total Units Section 8	135
% Rentals under Section 8	29.7%
% Occupied Section 8	89.2%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$55	$625	$680
2 Bedroom	N/A	N/A	$870
3 Bedroom	N/A	N/A	$1,220
4 Bedroom	N/A	N/A	$1,450

Havana, IL—62644

Key Metrics at a Glance

Home Price Trends — Havana, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Havana, IL

% of Rental Stock

Property Listings — Havana, IL

Demographics — Havana, IL

Race and Ethnicity

Mortgage and Risk — Havana, IL

Mortgages

Rentals and Section 8 — Havana, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Havana, IL

Home Price to Income Ratio

Havana, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Lewistown, IL

Bryant

Dunfermline

Saint David

Oakford, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.5
Median Home Price	$85,000
Median Household Income	$57,100

Havana, IL—62644

Key Metrics at a Glance

Home Price Trends — Havana, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Havana, IL

% of Rental Stock

Property Listings — Havana, IL

Demographics — Havana, IL

Race and Ethnicity

Mortgage and Risk — Havana, IL

Mortgages

Rentals and Section 8 — Havana, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Havana, IL

Home Price to Income Ratio

Havana, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Lewistown, IL

Bryant

Dunfermline

Saint David

Oakford, IL

Frequently Asked Questions

What is the average home price in Havana, IL 62644?

How have home prices in Havana, IL 62644 changed over the past year?

What is the home price projection for Havana, IL 62644?

What are the demographics of Havana, IL 62644?

How long does it take homes to sell in Havana, IL 62644?

What is the average rent price in Havana, IL 62644?