Pecatonica, IL—61063
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pecatonica, IL
As of Nov '25, the median home price in Pecatonica, IL is $221,000, with a year-over-year change of 9.1%. This indicates that home prices in Pecatonica, IL are increasing. According to Zillow, the 1-year price projection is 5.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $221,000 | 9.1% |
| Single Family | $224,000 | 9.8% |
| 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 | $217,000 | 8.5% |
4 Bed | $267,000 | 8.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pecatonica, IL
As of July '25, Rentcast reports the average rent in Pecatonica, IL is $995, with a year-over-year rent change of 53.1%. Per bedroom, the median rent as of July '25 in Pecatonica, IL is 3-bedrooms: $995. The most common rental property sizes in Pecatonica, IL are 3-bedroom and 4-bedroom, accounting for 40.8% and 24.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $995 | $995 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $995 | $995 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pecatonica, IL
As of Nov '25, Realtor.com reports that the median days on market for a home in Pecatonica, IL is 47. This is a decrease of -33.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $290,000 | 27.0% |
Listing Count | 10 | 4.0% |
| Listings as % of Homes | 0.3% | 4.0% |
Days on Market | 47 | -33.0% |
Demographics — Pecatonica, IL
As of the latest ACS Survey released in 2023, Pecatonica, IL has a population of 4,260, which has remained stable by -0.1% over the past 5 years. Pecatonica, IL is a moderately popular place for families, as children make up 24.3% of the population. The area has a moderately educated workforce, with 26.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,260 | -0.1% |
% Under 18 | 24.3% | -2.8% |
% Seniors | 18.8% | -10.0% |
% WFH | 15.8% | 464.3% |
% w/ College Degree | 26.4% | 20.5% |
As of the latest ACS Survey released in 2023, Pecatonica, IL is a predominantly white area, with 90.8% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Pecatonica, IL is hispanic, making up 3.2% of the population. Foreign-born residents account for 0.7% of the population in Pecatonica, IL, and this percentage has increased by 75.0% 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 | 90.8% | -5.9% |
% Black | 0.9% | ∞% |
% Hispanic | 3.2% | 166.7% |
% Asian | 0.4% | ∞% |
% Foreign Born | 0.7% | 75.0% |
Mortgage and Risk — Pecatonica, IL
According to HUD data as of 2023, there were 77 mortgage originations in Pecatonica, IL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Pecatonica, IL. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 77 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 4.0% |
Rentals and Section 8 — Pecatonica, IL
Pecatonica, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 44 |
Total Units Section 8 | 44 |
% Rentals under Section 8 | 16.5% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $990 |
| 2 Bedroom | N/A | N/A | $1,300 |
| 3 Bedroom | $725 | $995 | $1,720 |
| 4 Bedroom | N/A | N/A | $1,770 |
Affordability — Pecatonica, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $221,000 |
| Median Household Income | $88,100 |