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Herod, IL—62947

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$155,000
7.1% YoY Growth
Household Income
$46,200
10.8% YoY Growth
Days on Market
284
87.0% Longer YoY
Home Price Forecast
N/A
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Herod, IL

Herod, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$155,000-7.1%
Single Family $155,000-7.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    2.7%
    1 Bedroom
    4.0%
    2 Bedrooms
    34.5%
    3 Bedrooms
    47.0%
    4 Bedrooms
    8.5%
    5+ Bedrooms
    3.4%

    Rental Trends — Herod, IL

    Herod, IL lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    26.7%
    5+ Bedrooms
    73.3%

    Property Listings — Herod, IL

    As of Dec '25, Realtor.com reports that the median days on market for a home in Herod, IL is 259. This is a increase of 71.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$69,900-75.0%
    Listing Count
    		2-56.0%
    Listings as % of HomesN/A-56.0%
    Days on Market
    		28487.0%
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    Demographics — Herod, IL

    As of the latest ACS Survey released in 2023, Herod, IL has a population of 478, which has increased by 6.5% over the past 5 years. Herod, IL is a less popular place for families, as children make up 5.6% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4786.5%
    % Under 18
    		5.6%-34.1%
    % Seniors
    		42.9%19.5%
    % WFH
    		11.1%58.6%
    % w/ College Degree
    		13.3%232.5%
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    As of the latest ACS Survey released in 2023, Herod, IL is a predominantly white area, with 100.0% of the population identifying as white. The white population has grown by 0.7% in the last 5 years. The second most common race or ethnicity in Herod, IL is black, making up 0.0% of the population. Foreign-born residents account for 0.0% of the population in Herod, IL, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		100.0%0.7%
    % Black
    		0.0%N/A
    % Hispanic
    		0.0%N/A
    % Asian
    		0.0%-100.0%
    % Foreign Born
    		0.0%-100.0%
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    Mortgage and Risk — Herod, IL

    Herod, IL lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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
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    Rentals and Section 8 — Herod, IL

    Herod, 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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$660
    2 BedroomN/AN/A$870
    3 BedroomN/AN/A$1,060
    4 BedroomN/AN/A$1,240

    Affordability — Herod, IL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.2
    Median Home Price$155,000
    Median Household Income$46,200

    Herod, IL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Horseshoe, IL

    62934

    Harrisburg, IL

    62946

    Stonefort, IL

    62987

    Carrier Mills, IL

    62917

    Hampton, KY

    42047

    Frequently Asked Questions