Thompsonville, IL62890

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$144,000
3.7% YoY Growth
Median Household Income
$49,800
14.1% 5-Year Growth
Days on Market
169
334.0% Longer than last year
Home Price Forecast
N/A
Median 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

Property Listings — Thompsonville, IL

As of Oct '25, Realtor.com reports that the median days on market for a home in Thompsonville, IL is 169. This is a increase of 334.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$288,0000.0%
Listing Count
3-38.0%
Listings as % of Homes0.6%-38.0%
Days on Market
169334.0%
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Demographics — Thompsonville, IL

As of the latest ACS Survey released in 2023, Thompsonville, IL has a population of 2,380, which has decreased by -14.7% over the past 5 years. Thompsonville, IL is a popular place for families, as children make up 29.5% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,380-14.7%
% Under 18
29.5%44.6%
% Seniors
23.2%56.8%
% WFH
3.0%66.7%
% w/ College Degree
16.2%38.5%
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As of the latest ACS Survey released in 2023, Thompsonville, IL is a predominantly white area, with 95.6% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Thompsonville, IL is hispanic, making up 1.4% of the population. Foreign-born residents account for 1.2% of the population in Thompsonville, IL, and this percentage has increased by 50.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.6%-2.2%
% Black
0.2%∞%
% Hispanic
1.4%250.0%
% Asian
0.0%N/A
% Foreign Born
1.2%50.0%
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Mortgage and Risk — Thompsonville, IL

According to HUD data as of 2023, there were 30 mortgage originations in Thompsonville, IL, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Thompsonville, 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

MetricZip Code Average
Total Loan Originations
30
% Conventional Loans
60.0%
% Government Loans
40.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Thompsonville, IL

Thompsonville, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
9
Total Units Section 8
9
% Rentals under Section 8
4.5%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$910
2 BedroomN/AN/A$1,190
3 BedroomN/AN/A$1,530
4 BedroomN/AN/A$1,720

Affordability — Thompsonville, IL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3
Median Home Price$144,000
Median Household Income$49,800

Thompsonville, IL — ZIP Code Boundary Map

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Frequently Asked Questions