Pleasant Plains, IL—62677
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pleasant Plains, IL
As of Oct '25, the median home price in Pleasant Plains, IL is $239,000, with a year-over-year change of 7.4%. This indicates that home prices in Pleasant Plains, IL are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $239,000 | 7.4% |
| Single Family | $239,000 | 8.1% |
| 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 — Pleasant Plains, IL
As of July '25, Rentcast reports the average rent in Pleasant Plains, IL is $1,150, with a year-over-year rent change of 76.9%. Per bedroom, the median rent as of July '25 in Pleasant Plains, IL is 2-bedrooms: $1,150. The most common rental property sizes in Pleasant Plains, IL are 2-bedroom and 3-bedroom, accounting for 60.0% and 31.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,150 | $1,150 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pleasant Plains, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Pleasant Plains, IL is 34. This is a increase of 166.0% 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 | $308,000 | 25.0% |
Listing Count | 7 | -31.0% |
| Listings as % of Homes | 0.8% | -31.0% |
Days on Market | 34 | 166.0% |
Demographics — Pleasant Plains, IL
As of the latest ACS Survey released in 2023, Pleasant Plains, IL has a population of 2,150, which has decreased by -5.1% over the past 5 years. Pleasant Plains, IL is a moderately popular place for families, as children make up 21.8% of the population. The area has a moderately educated workforce, with 34.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,150 | -5.1% |
% Under 18 | 21.8% | 4.3% |
% Seniors | 19.8% | -1.5% |
% WFH | 11.4% | 48.1% |
% w/ College Degree | 34.9% | 35.8% |
As of the latest ACS Survey released in 2023, Pleasant Plains, IL is a predominantly white area, with 95.7% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Pleasant Plains, IL is hispanic, making up 0.7% of the population. Foreign-born residents account for 0.7% of the population in Pleasant Plains, IL, and this percentage has decreased by 12.5% 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 | 95.7% | -0.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.7% | -66.7% |
% Asian | 0.1% | -83.3% |
% Foreign Born | 0.7% | -12.5% |
Mortgage and Risk — Pleasant Plains, IL
According to HUD data as of 2023, there were 47 mortgage originations in Pleasant Plains, IL, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Pleasant Plains, IL. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 47 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Pleasant Plains, IL
Pleasant Plains, 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 | 1.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | -$180 | $1,150 | $970 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Pleasant Plains, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $239,000 |
| Median Household Income | $99,200 |