Carrier Mills, IL 62917 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Carrier Mills, IL—62917

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$74,000

13.5% YoY Growth

Household Income

$50,500

46.1% YoY Growth

Days on Market

110

20.0% Shorter 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 — Carrier Mills, IL

Carrier Mills, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$74,000	-13.5%
Single Family	$74,000	-14.0%
Condos	N/A	N/A

Cost per Home Size

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

Rental Trends — Carrier Mills, IL

Carrier Mills, 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

1 Bedroom

20.2%

2 Bedrooms

34.8%

3 Bedrooms

33.8%

4 Bedrooms

11.1%

Property Listings — Carrier Mills, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Carrier Mills, IL is 78. This is a decrease of -61.0% 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	$60,000	-9.0%
Listing Count	5	47.0%
Listings as % of Homes	0.2%	47.0%
Days on Market	110	-20.0%

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Demographics — Carrier Mills, IL

As of the latest ACS Survey released in 2023, Carrier Mills, IL has a population of 2,470, which has increased by 8.7% over the past 5 years. Carrier Mills, IL is a moderately popular place for families, as children make up 20.8% of the population. The area has a poorly educated workforce, with 11.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,470	8.7%
% Under 18	20.8%	-1.9%
% Seniors	21.4%	-11.9%
% WFH	0.7%	-66.7%
% w/ College Degree	11.3%	8.7%

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As of the latest ACS Survey released in 2023, Carrier Mills, IL is a predominantly white area, with 76.5% of the population identifying as white. The white population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in Carrier Mills, IL is black, making up 13.3% of the population. Foreign-born residents account for 2.0% of the population in Carrier Mills, IL, and this percentage has decreased by 20.0% 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	76.5%	-8.3%
% Black	13.3%	46.2%
% Hispanic	5.5%	96.4%
% Asian	2.7%	58.8%
% Foreign Born	2.0%	-20.0%

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Mortgage and Risk — Carrier Mills, IL

According to HUD data as of 2023, there were 24 mortgage originations in Carrier Mills, IL, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Carrier Mills, IL. Investor activity is low, as 8.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	24
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	8.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Carrier Mills, IL

Carrier Mills, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	61
Total Units Section 8	14
% Rentals under Section 8	6.6%
% Occupied Section 8	92.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$680
2 Bedroom	N/A	N/A	$890
3 Bedroom	N/A	N/A	$1,200
4 Bedroom	N/A	N/A	$1,410

Carrier Mills, IL—62917

Key Metrics at a Glance

Home Price Trends — Carrier Mills, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Carrier Mills, IL

% of Rental Stock

Property Listings — Carrier Mills, IL

Demographics — Carrier Mills, IL

Race and Ethnicity

Mortgage and Risk — Carrier Mills, IL

Mortgages

Rentals and Section 8 — Carrier Mills, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Carrier Mills, IL

Home Price to Income Ratio

Carrier Mills, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Stonefort, IL

Harrisburg, IL

Galatia, IL

Burnside, IL

Pittsburg, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.7
Median Home Price	$74,000
Median Household Income	$50,500

Carrier Mills, IL—62917

Key Metrics at a Glance

Home Price Trends — Carrier Mills, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Carrier Mills, IL

% of Rental Stock

Property Listings — Carrier Mills, IL

Demographics — Carrier Mills, IL

Race and Ethnicity

Mortgage and Risk — Carrier Mills, IL

Mortgages

Rentals and Section 8 — Carrier Mills, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Carrier Mills, IL

Home Price to Income Ratio

Carrier Mills, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Stonefort, IL

Harrisburg, IL

Galatia, IL

Burnside, IL

Pittsburg, IL

Frequently Asked Questions

What is the average home price in Carrier Mills, IL 62917?

How have home prices in Carrier Mills, IL 62917 changed over the past year?

What is the home price projection for Carrier Mills, IL 62917?

What are the demographics of Carrier Mills, IL 62917?

How long does it take homes to sell in Carrier Mills, IL 62917?

What is the average rent price in Carrier Mills, IL 62917?