Posen, IL—60469
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Posen, IL
As of Oct '25, the median home price in Posen, IL is $186,000, with a year-over-year change of -3.4%. This indicates that home prices in Posen, IL are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $186,000 | -3.4% |
| Single Family | $186,000 | -3.6% |
| 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 | $187,000 | -3.6% |
4 Bed | $232,000 | -2.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Posen, IL
As of July '25, Rentcast reports the average rent in Posen, IL is $1,500, with a year-over-year rent change of 0.7%. Per bedroom, the median rent as of July '25 in Posen, IL is 2-bedrooms: $1,500. The most common rental property sizes in Posen, IL are 3-bedroom and 2-bedroom, accounting for 68.3% and 31.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,350 | $1,500 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Posen, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Posen, IL is 47. This is a increase of 32.0% 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 | $257,000 | 6.0% |
Listing Count | 11 | 41.0% |
| Listings as % of Homes | 1.0% | 41.0% |
Days on Market | 47 | 32.0% |
Demographics — Posen, IL
As of the latest ACS Survey released in 2023, Posen, IL has a population of 5,300, which has decreased by -8.4% over the past 5 years. Posen, IL is a moderately popular place for families, as children make up 23.0% of the population. The area has a poorly educated workforce, with 13.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,300 | -8.4% |
% Under 18 | 23.0% | -36.8% |
% Seniors | 7.0% | -17.6% |
% WFH | 2.1% | -58.8% |
% w/ College Degree | 13.0% | -36.9% |
As of the latest ACS Survey released in 2023, Posen, IL is a predominantly hispanic area, with 61.1% of the population identifying as hispanic. The hispanic population has grown by 14.8% in the last 5 years. The second most common race or ethnicity in Posen, IL is white, making up 18.5% of the population. Foreign-born residents account for 18.9% of the population in Posen, IL, and this percentage has increased by 2.2% 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 | 18.5% | -35.8% |
% Black | 18.4% | 29.6% |
% Hispanic | 61.1% | 14.8% |
% Asian | 0.3% | -62.5% |
% Foreign Born | 18.9% | 2.2% |
Mortgage and Risk — Posen, IL
According to HUD data as of 2023, there were 65 mortgage originations in Posen, IL, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Posen, IL. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 65 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Posen, IL
Posen, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 32 |
Total Units Section 8 | 32 |
% Rentals under Section 8 | 7.1% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,430 |
| 2 Bedroom | $260 | $1,350 | $1,610 |
| 3 Bedroom | N/A | N/A | $2,070 |
| 4 Bedroom | N/A | N/A | $2,430 |
Affordability — Posen, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $186,000 |
| Median Household Income | $72,000 |