McLeansboro, IL—62859
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — McLeansboro, IL
McLeansboro, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $109,000 | -1.1% |
| Single Family | $109,000 | -0.9% |
| 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 — McLeansboro, IL
McLeansboro, 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 — McLeansboro, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in McLeansboro, IL is 34. This is a decrease of -41.0% 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 | $41,200 | -37.0% |
Listing Count | 6 | -43.0% |
| Listings as % of Homes | 0.2% | -43.0% |
Days on Market | 34 | -41.0% |
Demographics — McLeansboro, IL
As of the latest ACS Survey released in 2023, McLeansboro, IL has a population of 5,200, which has decreased by -10.8% over the past 5 years. McLeansboro, IL is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 21.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,200 | -10.8% |
% Under 18 | 23.2% | 12.6% |
% Seniors | 21.0% | -8.7% |
% WFH | 2.4% | -68.8% |
% w/ College Degree | 21.2% | 40.4% |
As of the latest ACS Survey released in 2023, McLeansboro, IL is a predominantly white area, with 93.8% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in McLeansboro, IL is hispanic, making up 2.1% of the population. Foreign-born residents account for 0.7% of the population in McLeansboro, IL, and this percentage has decreased by 58.8% 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 | 93.8% | -2.1% |
% Black | 0.1% | -80.0% |
% Hispanic | 2.1% | -16.0% |
% Asian | 1.1% | 37.5% |
% Foreign Born | 0.7% | -58.8% |
Mortgage and Risk — McLeansboro, IL
According to HUD data as of 2023, there were 48 mortgage originations in McLeansboro, IL, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in McLeansboro, IL. Investor activity is low, as 0.0% 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 | 48 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 0.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — McLeansboro, IL
McLeansboro, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 65 |
Total Units Section 8 | 0 |
% 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 | $720 |
| 2 Bedroom | N/A | N/A | $890 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,270 |
Affordability — McLeansboro, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $109,000 |
| Median Household Income | $53,400 |