Roaches, IL—62898
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Roaches, IL
Roaches, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 — Roaches, IL
Roaches, 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 — Roaches, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Roaches, IL is 97. This is a decrease of -15.0% 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 | $185,000 | 33.0% |
Listing Count | 4 | -8.0% |
| Listings as % of Homes | N/A | -8.0% |
Days on Market | 97 | -15.0% |
Demographics — Roaches, IL
As of the latest ACS Survey released in 2023, Roaches, IL has a population of 2,020, which has decreased by -11.7% over the past 5 years. Roaches, IL is a popular place for families, as children make up 26.4% of the population. The area has a moderately educated workforce, with 25.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,020 | -11.7% |
% Under 18 | 26.4% | -2.9% |
% Seniors | 15.5% | 39.6% |
% WFH | 11.0% | 111.5% |
% w/ College Degree | 25.0% | 17.9% |
As of the latest ACS Survey released in 2023, Roaches, IL is a predominantly white area, with 88.8% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Roaches, IL is hispanic, making up 2.4% of the population. Foreign-born residents account for 1.0% of the population in Roaches, IL, and this percentage has decreased by 33.3% 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 | 88.8% | -4.8% |
% Black | 0.8% | 60.0% |
% Hispanic | 2.4% | 50.0% |
% Asian | 0.3% | -66.7% |
% Foreign Born | 1.0% | -33.3% |
Mortgage and Risk — Roaches, IL
According to HUD data as of 2023, there were 50 mortgage originations in Roaches, IL, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Roaches, IL. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 50 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Roaches, IL
Roaches, 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 | $780 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | N/A | N/A | $1,240 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Roaches, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $74,300 |