McLeansboro, IL 62859 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

McLeansboro, IL—62859

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$105,000

1.2% YoY Growth

Household Income

$53,400

3.9% YoY Growth

Days on Market

45

36.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

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	$105,000	-1.2%
Single Family	$104,000	-1.9%
Condos	N/A	N/A

Cost per Home Size

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

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

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% of Rental Stock

1 Bedroom

16.4%

2 Bedrooms

49.9%

3 Bedrooms

26.1%

4 Bedrooms

2.2%

5+ Bedrooms

5.4%

Property Listings — McLeansboro, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in McLeansboro, IL is 25. This is a decrease of -58.0% 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	$110,000	-24.0%
Listing Count	6	-40.0%
Listings as % of Homes	0.2%	-40.0%
Days on Market	45	-36.0%

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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%

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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%

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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%

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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

McLeansboro, IL—62859

Key Metrics at a Glance

Home Price Trends — McLeansboro, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — McLeansboro, IL

% of Rental Stock

Property Listings — McLeansboro, IL

Demographics — McLeansboro, IL

Race and Ethnicity

Mortgage and Risk — McLeansboro, IL

Mortgages

Rentals and Section 8 — McLeansboro, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — McLeansboro, IL

Home Price to Income Ratio

McLeansboro, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Broughton, IL

Piopolis, IL

Macedonia, IL

Springerton, IL

Raleigh, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.2
Median Home Price	$105,000
Median Household Income	$53,400

McLeansboro, IL—62859

Key Metrics at a Glance

Home Price Trends — McLeansboro, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — McLeansboro, IL

% of Rental Stock

Property Listings — McLeansboro, IL

Demographics — McLeansboro, IL

Race and Ethnicity

Mortgage and Risk — McLeansboro, IL

Mortgages

Rentals and Section 8 — McLeansboro, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — McLeansboro, IL

Home Price to Income Ratio

McLeansboro, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Broughton, IL

Piopolis, IL

Macedonia, IL

Springerton, IL

Raleigh, IL

Frequently Asked Questions

What is the average home price in McLeansboro, IL 62859?

How have home prices in McLeansboro, IL 62859 changed over the past year?

What is the home price projection for McLeansboro, IL 62859?

What are the demographics of McLeansboro, IL 62859?

How long does it take homes to sell in McLeansboro, IL 62859?

What is the average rent price in McLeansboro, IL 62859?