Sparland, IL 61565 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Sparland, IL—61565

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$165,000

4.4% YoY Growth

Household Income

$76,700

31.1% YoY Growth

Days on Market

N/A

Home Price Forecast

4.2%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Sparland, IL

As of Dec '25, the median home price in Sparland, IL is $165,000, with a year-over-year change of 4.4%. This indicates that home prices in Sparland, IL are increasing. According to Zillow, the 1-year price projection is 4.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$165,000	4.4%
Single Family	$165,000	5.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Sparland, IL

Sparland, IL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

2.0%

2 Bedrooms

70.0%

3 Bedrooms

11.0%

4 Bedrooms

13.0%

5+ Bedrooms

4.0%

Property Listings — Sparland, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Sparland, IL is 46. This is a increase of 43.0% 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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	N/A	N/A
Listing Count	N/A	N/A
Listings as % of Homes	0.3%	N/A
Days on Market	N/A	N/A

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Demographics — Sparland, IL

As of the latest ACS Survey released in 2023, Sparland, IL has a population of 1,340, which has decreased by -7.5% over the past 5 years. Sparland, IL is a moderately popular place for families, as children make up 22.5% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,340	-7.5%
% Under 18	22.5%	13.6%
% Seniors	21.7%	4.8%
% WFH	5.9%	-9.2%
% w/ College Degree	22.4%	60.0%

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As of the latest ACS Survey released in 2023, Sparland, IL is a predominantly white area, with 95.7% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Sparland, IL is hispanic, making up 2.3% of the population. Foreign-born residents account for 0.4% of the population in Sparland, IL, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	95.7%	0.3%
% Black	0.0%	N/A
% Hispanic	2.3%	-34.3%
% Asian	0.0%	-100.0%
% Foreign Born	0.4%	0.0%

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Mortgage and Risk — Sparland, IL

According to HUD data as of 2023, there were 25 mortgage originations in Sparland, IL, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Sparland, IL. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	25
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Sparland, IL

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

Section 8 Market Size

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

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$690
2 Bedroom	N/A	N/A	$870
3 Bedroom	N/A	N/A	$1,140
4 Bedroom	N/A	N/A	$1,180

Sparland, IL—61565

Key Metrics at a Glance

Home Price Trends — Sparland, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sparland, IL

% of Rental Stock

Property Listings — Sparland, IL

Demographics — Sparland, IL

Race and Ethnicity

Mortgage and Risk — Sparland, IL

Mortgages

Rentals and Section 8 — Sparland, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Sparland, IL

Home Price to Income Ratio

Sparland, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Henry, IL

Chillicothe, IL

Lacon, IL

Edelstein, IL

Putnam, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.7
Median Home Price	$165,000
Median Household Income	$76,700

Sparland, IL—61565

Key Metrics at a Glance

Home Price Trends — Sparland, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sparland, IL

% of Rental Stock

Property Listings — Sparland, IL

Demographics — Sparland, IL

Race and Ethnicity

Mortgage and Risk — Sparland, IL

Mortgages

Rentals and Section 8 — Sparland, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Sparland, IL

Home Price to Income Ratio

Sparland, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Henry, IL

Chillicothe, IL

Lacon, IL

Edelstein, IL

Putnam, IL

Frequently Asked Questions

What is the average home price in Sparland, IL 61565?

How have home prices in Sparland, IL 61565 changed over the past year?

What is the home price projection for Sparland, IL 61565?

What are the demographics of Sparland, IL 61565?

How long does it take homes to sell in Sparland, IL 61565?

What is the average rent price in Sparland, IL 61565?