La Clede, IL—62838
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — La Clede, IL
La Clede, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $123,000 | -4.8% |
| Single Family | $123,000 | -3.9% |
| 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 — La Clede, IL
La Clede, 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 — La Clede, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in La Clede, IL is 77. This is a increase of 77.0% 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 133.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $110,000 | -33.0% |
Listing Count | 3 | 0.0% |
| Listings as % of Homes | 0.3% | 0.0% |
Days on Market | 77 | 77.0% |
Demographics — La Clede, IL
As of the latest ACS Survey released in 2023, La Clede, IL has a population of 1,560, which has decreased by -14.4% over the past 5 years. La Clede, IL is a moderately popular place for families, as children make up 22.5% of the population. The area has a poorly educated workforce, with 14.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,560 | -14.4% |
% Under 18 | 22.5% | -3.4% |
% Seniors | 20.5% | -4.2% |
% WFH | 6.5% | 66.7% |
% w/ College Degree | 14.5% | 48.0% |
As of the latest ACS Survey released in 2023, La Clede, IL is a predominantly white area, with 98.1% of the population identifying as white. The white population has grown by 3.9% in the last 5 years. The second most common race or ethnicity in La Clede, IL is hispanic, making up 0.4% of the population. Foreign-born residents account for 0.6% of the population in La Clede, IL, and this percentage has decreased by 82.9% 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 | 98.1% | 3.9% |
% Black | 0.0% | N/A |
% Hispanic | 0.4% | -88.6% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.6% | -82.9% |
Mortgage and Risk — La Clede, IL
According to HUD data as of 2023, there were 22 mortgage originations in La Clede, IL, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in La Clede, IL. Investor activity is low, as 5.0% 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 | 22 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — La Clede, IL
La Clede, 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 | 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 | $700 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,120 |
| 4 Bedroom | N/A | N/A | $1,200 |
Affordability — La Clede, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $123,000 |
| Median Household Income | $69,100 |