View in Interactive Map

Oglesby, IL—61348

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$161,000
6.6% YoY Growth
Household Income
$71,200
20.2% YoY Growth
Days on Market
49
19.0% Shorter YoY
Home Price Forecast
N/A
Median Rent
$550
45.0% YoY Growth
1-Bed Rent
$550
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Oglesby, IL

Oglesby, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$161,0006.6%
Single Family $161,0006.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    $130,000
    9.2%
    3 Bed
    		$176,0009.3%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    0.9%
    1 Bedroom
    9.8%
    2 Bedrooms
    34.9%
    3 Bedrooms
    43.4%
    4 Bedrooms
    9.3%
    5+ Bedrooms
    1.8%

    Rental Trends — Oglesby, IL

    As of July '25, Rentcast reports the average rent in Oglesby, IL is $550, with a year-over-year rent change of -45.0%. Per bedroom, the median rent as of July '25 in Oglesby, IL is 1-bedrooms: $550. The most common rental property sizes in Oglesby, IL are 2-bedroom and 1-bedroom, accounting for 38.4% and 28.7% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$550$550
    Studio Rent N/AN/A
    1 Bed Rent $550$550
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    Studio
    2.1%
    1 Bedroom
    28.7%
    2 Bedrooms
    38.4%
    3 Bedrooms
    27.2%
    5+ Bedrooms
    3.5%

    Property Listings — Oglesby, IL

    As of Dec '25, Realtor.com reports that the median days on market for a home in Oglesby, IL is 33. This is a increase of 46.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$316,00091.0%
    Listing Count
    		1053.0%
    Listings as % of Homes0.5%53.0%
    Days on Market
    		49-19.0%
    Loading chart...

    Demographics — Oglesby, IL

    As of the latest ACS Survey released in 2023, Oglesby, IL has a population of 4,400, which has decreased by -1.9% over the past 5 years. Oglesby, IL is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 20.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,400-1.9%
    % Under 18
    		21.7%2.4%
    % Seniors
    		20.9%3.5%
    % WFH
    		4.2%31.2%
    % w/ College Degree
    		20.4%7.4%
    Loading chart...

    As of the latest ACS Survey released in 2023, Oglesby, IL is a predominantly white area, with 85.3% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Oglesby, IL is hispanic, making up 10.1% of the population. Foreign-born residents account for 3.4% of the population in Oglesby, IL, and this percentage has increased by 54.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		85.3%-2.7%
    % Black
    		0.1%-96.4%
    % Hispanic
    		10.1%31.2%
    % Asian
    		0.6%500.0%
    % Foreign Born
    		3.4%54.5%
    Loading chart...

    Mortgage and Risk — Oglesby, IL

    According to HUD data as of 2023, there were 67 mortgage originations in Oglesby, IL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Oglesby, IL. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		67
    % Conventional Loans
    		90.0%
    % Government Loans
    		10.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		4.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Oglesby, IL

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

    Section 8 Market Size

    Total Units under HUD
    		47
    Total Units Section 8
    		15
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		86.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$110$550$660
    2 BedroomN/AN/A$870
    3 BedroomN/AN/A$1,170
    4 BedroomN/AN/A$1,320

    Affordability — Oglesby, IL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.8
    Median Home Price$161,000
    Median Household Income$71,200

    Oglesby, IL — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Tonica, IL

    61370

    Cedar Point

    61316

    Leonore

    61332

    Peru, IL

    61354

    La Salle, IL

    61301

    Frequently Asked Questions