Norris City, IL 62869 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Norris City, IL—62869

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$117,000

3.4% YoY Growth

Household Income

$49,400

15.4% YoY Growth

Days on Market

42

251.0% Longer 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 — Norris City, IL

Norris City, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$117,000	3.4%
Single Family	$117,000	5.4%
Condos	N/A	N/A

Cost per Home Size

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

Rental Trends — Norris City, IL

Norris City, 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

Studio

11.9%

1 Bedroom

10.0%

2 Bedrooms

28.8%

3 Bedrooms

44.7%

5+ Bedrooms

4.6%

Property Listings — Norris City, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Norris City, IL is 142. This is a increase of 45.0% 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	$162,000	10.0%
Listing Count	4	33.0%
Listings as % of Homes	0.4%	33.0%
Days on Market	42	251.0%

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Demographics — Norris City, IL

As of the latest ACS Survey released in 2023, Norris City, IL has a population of 2,750, which has increased by 2.1% over the past 5 years. Norris City, IL is a popular place for families, as children make up 29.1% of the population. The area has a poorly educated workforce, with 13.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,750	2.1%
% Under 18	29.1%	13.2%
% Seniors	17.2%	33.3%
% WFH	4.3%	59.3%
% w/ College Degree	13.5%	-7.5%

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As of the latest ACS Survey released in 2023, Norris City, IL is a predominantly white area, with 96.3% 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 Norris City, IL is hispanic, making up 2.1% of the population. Foreign-born residents account for 0.8% of the population in Norris City, IL, and this percentage has decreased by 55.6% 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	96.3%	-0.4%
% Black	0.2%	0.0%
% Hispanic	2.1%	10.5%
% Asian	0.7%	600.0%
% Foreign Born	0.8%	-55.6%

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Mortgage and Risk — Norris City, IL

According to HUD data as of 2023, there were 26 mortgage originations in Norris City, IL, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Norris City, IL. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	26
% Conventional Loans	69.0%
% Government Loans	31.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Norris City, IL

Norris City, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	43
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	$670
2 Bedroom	N/A	N/A	$870
3 Bedroom	N/A	N/A	$1,180
4 Bedroom	N/A	N/A	$1,240

Norris City, IL—62869

Key Metrics at a Glance

Home Price Trends — Norris City, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Norris City, IL

% of Rental Stock

Property Listings — Norris City, IL

Demographics — Norris City, IL

Race and Ethnicity

Mortgage and Risk — Norris City, IL

Mortgages

Rentals and Section 8 — Norris City, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Norris City, IL

Home Price to Income Ratio

Norris City, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Enfield, IL

Broughton, IL

Eldorado, IL

Springerton, IL

Horseshoe, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.4
Median Home Price	$117,000
Median Household Income	$49,400

Norris City, IL—62869

Key Metrics at a Glance

Home Price Trends — Norris City, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Norris City, IL

% of Rental Stock

Property Listings — Norris City, IL

Demographics — Norris City, IL

Race and Ethnicity

Mortgage and Risk — Norris City, IL

Mortgages

Rentals and Section 8 — Norris City, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Norris City, IL

Home Price to Income Ratio

Norris City, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Enfield, IL

Broughton, IL

Eldorado, IL

Springerton, IL

Horseshoe, IL

Frequently Asked Questions

What is the average home price in Norris City, IL 62869?

How have home prices in Norris City, IL 62869 changed over the past year?

What is the home price projection for Norris City, IL 62869?

What are the demographics of Norris City, IL 62869?

How long does it take homes to sell in Norris City, IL 62869?

What is the average rent price in Norris City, IL 62869?