Buncombe, IL—62912
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Buncombe, IL
Buncombe, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $175,000 | -0.6% |
| Single Family | $175,000 | 1.7% |
| 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 — Buncombe, IL
Buncombe, 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 — Buncombe, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Buncombe, IL is 78. This is a increase of 28.0% 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 | $169,000 | -82.0% |
Listing Count | 6 | 180.0% |
| Listings as % of Homes | 0.5% | 180.0% |
Days on Market | 78 | 28.0% |
Demographics — Buncombe, IL
As of the latest ACS Survey released in 2023, Buncombe, IL has a population of 1,530, which has increased by 14.6% over the past 5 years. Buncombe, IL is a popular place for families, as children make up 25.9% of the population. The area has a poorly educated workforce, with 16.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,530 | 14.6% |
% Under 18 | 25.9% | 0.8% |
% Seniors | 21.3% | 42.0% |
% WFH | 3.6% | -57.6% |
% w/ College Degree | 16.7% | -8.7% |
As of the latest ACS Survey released in 2023, Buncombe, IL is a predominantly white area, with 90.7% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Buncombe, IL is hispanic, making up 2.2% of the population. Foreign-born residents account for 0.3% of the population in Buncombe, IL, and this percentage has decreased by 25.0% 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 | 90.7% | -7.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.2% | 175.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.3% | -25.0% |
Mortgage and Risk — Buncombe, IL
Buncombe, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Buncombe, IL
Buncombe, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $730 |
| 2 Bedroom | N/A | N/A | $920 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,420 |
Affordability — Buncombe, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $175,000 |
| Median Household Income | $65,600 |