Lightsville, IL—61047
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lightsville, IL
As of Oct '25, the median home price in Lightsville, IL is $216,000, with a year-over-year change of 6.2%. This indicates that home prices in Lightsville, IL are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $216,000 | 6.2% |
| Single Family | $216,000 | 7.5% |
| 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 | $190,000 | 8.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lightsville, IL
As of July '25, Rentcast reports the average rent in Lightsville, IL is $850, with a year-over-year rent change of 6.2%. Per bedroom, the median rent as of July '25 in Lightsville, IL is 1-bedrooms: $850. The most common rental property sizes in Lightsville, IL are 2-bedroom and 3-bedroom, accounting for 51.4% and 23.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $850 |
| 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 — Lightsville, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Lightsville, IL is 39. This is a increase of 19.0% 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 80.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $197,000 | -30.0% |
Listing Count | 5 | 150.0% |
| Listings as % of Homes | 0.4% | 150.0% |
Days on Market | 39 | 19.0% |
Demographics — Lightsville, IL
As of the latest ACS Survey released in 2023, Lightsville, IL has a population of 1,730, which has decreased by -6.0% over the past 5 years. Lightsville, 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 18.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,730 | -6.0% |
% Under 18 | 21.4% | 28.1% |
% Seniors | 18.5% | -23.9% |
% WFH | 1.5% | -66.7% |
% w/ College Degree | 18.2% | 26.4% |
As of the latest ACS Survey released in 2023, Lightsville, IL is a predominantly white area, with 97.6% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Lightsville, IL is hispanic, making up 1.6% of the population. Foreign-born residents account for 0.2% of the population in Lightsville, IL, and this percentage has decreased by 80.0% 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 | 97.6% | 0.4% |
% Black | 0.1% | -87.5% |
% Hispanic | 1.6% | 23.1% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.2% | -80.0% |
Mortgage and Risk — Lightsville, IL
Lightsville, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip 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 |
Loan Activity
No data available
Rentals and Section 8 — Lightsville, IL
Lightsville, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 8.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $850 | $850 |
| 2 Bedroom | N/A | N/A | $1,110 |
| 3 Bedroom | N/A | N/A | $1,390 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Lightsville, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $216,000 |
| Median Household Income | $76,400 |