Eldorado, IL—62930
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Eldorado, IL
Eldorado, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $65,000 | -15.6% |
| Single Family | $65,000 | -16.7% |
| 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 — Eldorado, IL
Eldorado, 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 — Eldorado, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Eldorado, IL is 57. This is a increase of 67.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $82,500 | 8.0% |
Listing Count | 17 | 7.0% |
| Listings as % of Homes | 0.3% | 7.0% |
Days on Market | 57 | 67.0% |
Demographics — Eldorado, IL
As of the latest ACS Survey released in 2023, Eldorado, IL has a population of 5,760, which has decreased by -5.1% over the past 5 years. Eldorado, IL is a moderately popular place for families, as children make up 18.4% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,760 | -5.1% |
% Under 18 | 18.4% | -9.8% |
% Seniors | 21.7% | -1.4% |
% WFH | 6.4% | 392.3% |
% w/ College Degree | 19.9% | -4.8% |
As of the latest ACS Survey released in 2023, Eldorado, IL is a predominantly white area, with 92.2% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Eldorado, IL is hispanic, making up 3.5% of the population. Foreign-born residents account for 3.0% of the population in Eldorado, IL, and this percentage has increased by 650.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.2% | -1.1% |
% Black | 0.2% | -90.0% |
% Hispanic | 3.5% | 29.6% |
% Asian | 1.6% | ∞% |
% Foreign Born | 3.0% | 650.0% |
Mortgage and Risk — Eldorado, IL
According to HUD data as of 2023, there were 49 mortgage originations in Eldorado, IL, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Eldorado, IL. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 49 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Eldorado, IL
Eldorado, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 150 |
Total Units Section 8 | 24 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,220 |
Affordability — Eldorado, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.3 |
| Median Home Price | $65,000 |
| Median Household Income | $54,100 |