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Silvis, IL—61282

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$169,000
6.3% YoY Growth
Household Income
$67,800
34.0% YoY Growth
Days on Market
36
35.0% Longer YoY
Home Price Forecast
1.3%
Median Rent
$950
7.1% YoY Growth
1-Bed Rent
$700
18.5% YoY Growth
2-Bed Rent
$950
17.1% YoY Growth
3-Bed Rent
$1,200
6.2% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Silvis, IL

As of May '26, the median home price in Silvis, IL is $169,000, with a year-over-year change of 6.3%. This indicates that home prices in Silvis, IL are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$169,0006.3%
Single Family $169,0007.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $140,0002.2%
    3 Bed
    $186,0003.9%
    4 Bed
    N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    5.9%
    1 Bedroom
    17.8%
    2 Bedrooms
    22.3%
    3 Bedrooms
    38.2%
    4 Bedrooms
    13.0%
    5+ Bedrooms
    2.7%

    Rental Trends — Silvis, IL

    As of July '25, Rentcast reports the average rent in Silvis, IL is $966, with a year-over-year rent change of 7.1%. Per bedroom, the median rent as of July '25 in Silvis, IL is 1-bedrooms: $750, 2-bedrooms: $999, 3-bedrooms: $1,200. The most common rental property sizes in Silvis, IL are 1-bedroom and 2-bedroom, accounting for 42.4% and 29.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$950$966
    Studio Rent N/AN/A
    1 Bed Rent $700$750
    2 Bed Rent $950$999
    3 Bed Rent $1,200$1,200
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    7.3%
    1 Bedroom
    42.4%
    2 Bedrooms
    29.5%
    3 Bedrooms
    14.7%
    4 Bedrooms
    3.4%
    5+ Bedrooms
    2.7%

    Property Listings — Silvis, IL

    As of May '26, Realtor.com reports that the median days on market for a home in Silvis, IL is 36. This is a increase of 35.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $220,00010.0%
    Listing Count
    18-46.0%
    Listings as % of Homes0.6%-46.0%
    Days on Market
    3635.0%
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    Demographics — Silvis, IL

    As of the latest ACS Survey released in 2023, Silvis, IL has a population of 8,340, which has increased by 6.7% over the past 5 years. Silvis, IL is a moderately popular place for families, as children make up 18.4% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    8,3406.7%
    % Under 18
    18.4%-29.8%
    % Seniors
    26.5%66.7%
    % WFH
    3.0%-16.7%
    % w/ College Degree
    16.4%3.1%
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    As of the latest ACS Survey released in 2023, Silvis, IL is a predominantly white area, with 74.8% of the population identifying as white. The white population has grown by 8.6% in the last 5 years. The second most common race or ethnicity in Silvis, IL is hispanic, making up 12.7% of the population. Foreign-born residents account for 4.2% of the population in Silvis, IL, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    74.8%8.6%
    % Black
    5.9%-22.4%
    % Hispanic
    12.7%-29.4%
    % Asian
    2.4%500.0%
    % Foreign Born
    4.2%0.0%
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    Mortgage and Risk — Silvis, IL

    According to HUD data as of 2023, there were 172 mortgage originations in Silvis, IL, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Silvis, IL. Investor activity is low, as 10.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    172
    % Conventional Loans
    81.0%
    % Government Loans
    19.0%
    % Investor Loans
    10.0%
    % Second Loans
    1.0%
    % Cash Out Refinance
    6.0%
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    Rentals and Section 8 — Silvis, IL

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

    Section 8 Market Size

    Total Units under HUD
    352
    Total Units Section 8
    352
    % Rentals under Section 8
    13.3%
    % Occupied Section 8
    82.3%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$160$700$860
    2 Bedroom$110$950$1,060
    3 Bedroom$180$1,200$1,380
    4 BedroomN/AN/A$1,630

    Affordability — Silvis, IL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.1
    Median Home Price$169,000
    Median Household Income$67,800

    Silvis, IL — ZIP Code Boundary Map

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    Frequently Asked Questions