Cairo, IL—62914
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cairo, IL
As of Oct '25, the median home price in Cairo, IL is $41,000, with a year-over-year change of -1.9%. This indicates that home prices in Cairo, IL are decreasing. According to Zillow, the 1-year price projection is -3.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $41,000 | -1.9% |
| Single Family | $41,000 | -4.7% |
| 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 — Cairo, IL
Cairo, 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 — Cairo, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Cairo, IL is 19. This is a increase of 18.0% 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 | $45,000 | 90.0% |
Listing Count | 1 | -57.0% |
| Listings as % of Homes | 0.4% | -57.0% |
Days on Market | 19 | 18.0% |
Demographics — Cairo, IL
As of the latest ACS Survey released in 2023, Cairo, IL has a population of 1,780, which has decreased by -34.8% over the past 5 years. Cairo, IL is a moderately popular place for families, as children make up 23.1% of the population. The area has a poorly educated workforce, with 11.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,780 | -34.8% |
% Under 18 | 23.1% | -10.8% |
% Seniors | 23.0% | 41.1% |
% WFH | 2.0% | 25.0% |
% w/ College Degree | 11.4% | -22.4% |
As of the latest ACS Survey released in 2023, Cairo, IL is a predominantly black area, with 65.7% of the population identifying as black. The black population has grown by 3.5% in the last 5 years. The second most common race or ethnicity in Cairo, IL is white, making up 28.9% of the population. Foreign-born residents account for 0.5% of the population in Cairo, IL, and this percentage has decreased by 50.0% 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 | 28.9% | -0.3% |
% Black | 65.7% | 3.5% |
% Hispanic | 0.1% | -94.4% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.5% | -50.0% |
Mortgage and Risk — Cairo, IL
According to HUD data as of 2023, there were 3 mortgage originations in Cairo, IL, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Cairo, IL. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 3 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Cairo, IL
Cairo, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 242 |
Total Units Section 8 | 84 |
% Rentals under Section 8 | 36.8% |
% Occupied Section 8 | 75.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,460 |
Affordability — Cairo, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.2 |
| Median Home Price | $41,000 |
| Median Household Income | $35,400 |