La Salle, IL—61301
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — La Salle, IL
La Salle, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $124,000 | 3.7% |
| Single Family | $124,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $106,000 | 6.0% |
3 Bed | $146,000 | 7.4% |
4 Bed | $176,000 | 6.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — La Salle, IL
As of July '25, Rentcast reports the average rent in La Salle, IL is $1,150, with a year-over-year rent change of 10.6%. Per bedroom, the median rent as of July '25 in La Salle, IL is studios: $875, 1-bedrooms: $950, 2-bedrooms: $1,250, 3-bedrooms: $1,350. The most common rental property sizes in La Salle, IL are 2-bedroom and 1-bedroom, accounting for 56.7% and 16.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,150 |
| Studio Rent | $800 | $875 |
| 1 Bed Rent | $850 | $950 |
| 2 Bed Rent | $1,300 | $1,250 |
| 3 Bed Rent | $1,400 | $1,350 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — La Salle, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in La Salle, IL is 42. This is a increase of 13.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $169,000 | -4.0% |
Listing Count | 33 | 100.0% |
| Listings as % of Homes | 0.4% | 100.0% |
Days on Market | 42 | 13.0% |
Demographics — La Salle, IL
As of the latest ACS Survey released in 2023, La Salle, IL has a population of 10,300, which has increased by 2.2% over the past 5 years. La Salle, IL is a moderately popular place for families, as children make up 19.3% of the population. The area has a poorly educated workforce, with 15.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,300 | 2.2% |
% Under 18 | 19.3% | -19.9% |
% Seniors | 20.1% | 22.6% |
% WFH | 2.5% | 47.1% |
% w/ College Degree | 15.0% | -14.8% |
As of the latest ACS Survey released in 2023, La Salle, IL is a predominantly white area, with 74.4% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in La Salle, IL is hispanic, making up 18.5% of the population. Foreign-born residents account for 6.1% of the population in La Salle, IL, and this percentage has decreased by 19.7% 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 | 74.4% | -5.2% |
% Black | 5.0% | 900.0% |
% Hispanic | 18.5% | -1.1% |
% Asian | 0.6% | -45.5% |
% Foreign Born | 6.1% | -19.7% |
Mortgage and Risk — La Salle, IL
According to HUD data as of 2023, there were 82 mortgage originations in La Salle, IL, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in La Salle, IL. Investor activity is high, as 17.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 82 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 17.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — La Salle, IL
La Salle, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 344 |
Total Units Section 8 | 93 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 91.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$30 | $850 | $820 |
| 2 Bedroom | -$220 | $1,300 | $1,080 |
| 3 Bedroom | $50 | $1,400 | $1,450 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — La Salle, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $124,000 |
| Median Household Income | $59,300 |