Harrisburg, IL 62946 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Harrisburg, IL—62946

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$90,000

4.2% YoY Growth

Household Income

$55,600

33.0% YoY Growth

Days on Market

66

22.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$720

49.1% YoY Growth

1-Bed Rent

$800

N/A

2-Bed Rent

$720

43.6% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Harrisburg, IL

Harrisburg, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$90,000	-4.2%
Single Family	$90,000	-4.3%
Condos	N/A	N/A

Cost per Home Size

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

Rental Trends — Harrisburg, IL

As of July '25, Rentcast reports the average rent in Harrisburg, IL is $674, with a year-over-year rent change of 49.1%. Per bedroom, the median rent as of July '25 in Harrisburg, IL is 1-bedrooms: $800, 2-bedrooms: $649. The most common rental property sizes in Harrisburg, IL are 2-bedroom and 1-bedroom, accounting for 40.9% and 30.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$720	$674
Studio Rent	N/A	N/A
1 Bed Rent	$800	$800
2 Bed Rent	$720	$649
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

1.5%

1 Bedroom

30.7%

2 Bedrooms

40.9%

3 Bedrooms

17.6%

4 Bedrooms

9.3%

Property Listings — Harrisburg, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Harrisburg, IL is 61. This is a decrease of -34.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$122,000	-8.0%
Listing Count	45	6.0%
Listings as % of Homes	0.6%	6.0%
Days on Market	66	-22.0%

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Demographics — Harrisburg, IL

As of the latest ACS Survey released in 2023, Harrisburg, IL has a population of 11,500, which has decreased by -9.5% over the past 5 years. Harrisburg, IL is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 23.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,500	-9.5%
% Under 18	21.4%	-1.4%
% Seniors	21.1%	12.8%
% WFH	4.7%	62.1%
% w/ College Degree	23.3%	34.7%

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As of the latest ACS Survey released in 2023, Harrisburg, IL is a predominantly white area, with 93.4% of the population identifying as white. The white population has grown by 3.0% in the last 5 years. The second most common race or ethnicity in Harrisburg, IL is black, making up 2.6% of the population. Foreign-born residents account for 0.1% of the population in Harrisburg, IL, and this percentage has decreased by 92.3% 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	93.4%	3.0%
% Black	2.6%	-16.1%
% Hispanic	1.0%	-23.1%
% Asian	0.2%	-81.8%
% Foreign Born	0.1%	-92.3%

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Mortgage and Risk — Harrisburg, IL

According to HUD data as of 2023, there were 107 mortgage originations in Harrisburg, IL, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Harrisburg, IL. Investor activity is low, as 11.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	107
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	11.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Harrisburg, IL

Harrisburg, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	328
Total Units Section 8	49
% Rentals under Section 8	N/A
% Occupied Section 8	68.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$140	$800	$660
2 Bedroom	$150	$720	$870
3 Bedroom	N/A	N/A	$1,160
4 Bedroom	N/A	N/A	$1,170

Harrisburg, IL—62946

Key Metrics at a Glance

Home Price Trends — Harrisburg, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Harrisburg, IL

% of Rental Stock

Property Listings — Harrisburg, IL

Demographics — Harrisburg, IL

Race and Ethnicity

Mortgage and Risk — Harrisburg, IL

Mortgages

Rentals and Section 8 — Harrisburg, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Harrisburg, IL

Home Price to Income Ratio

Harrisburg, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Carrier Mills, IL

Raleigh, IL

Stonefort, IL

Eldorado, IL

Horseshoe, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.6
Median Home Price	$90,000
Median Household Income	$55,600

Harrisburg, IL—62946

Key Metrics at a Glance

Home Price Trends — Harrisburg, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Harrisburg, IL

% of Rental Stock

Property Listings — Harrisburg, IL

Demographics — Harrisburg, IL

Race and Ethnicity

Mortgage and Risk — Harrisburg, IL

Mortgages

Rentals and Section 8 — Harrisburg, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Harrisburg, IL

Home Price to Income Ratio

Harrisburg, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Carrier Mills, IL

Raleigh, IL

Stonefort, IL

Eldorado, IL

Horseshoe, IL

Frequently Asked Questions

What is the average home price in Harrisburg, IL 62946?

How have home prices in Harrisburg, IL 62946 changed over the past year?

What is the home price projection for Harrisburg, IL 62946?

What are the demographics of Harrisburg, IL 62946?

How long does it take homes to sell in Harrisburg, IL 62946?

What is the average rent price in Harrisburg, IL 62946?