Chenoa, IL—61726
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chenoa, IL
As of Nov '25, the median home price in Chenoa, IL is $163,000, with a year-over-year change of 7.3%. This indicates that home prices in Chenoa, IL are increasing. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $163,000 | 7.3% |
| Single Family | $163,000 | 7.9% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Chenoa, IL
Chenoa, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,000 | $1,000 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Chenoa, IL
As of Nov '25, Realtor.com reports that the median days on market for a home in Chenoa, IL is 45. This is a increase of 111.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $186,000 | 4.0% |
Listing Count | 11 | 22.0% |
| Listings as % of Homes | 0.3% | 22.0% |
Days on Market | 45 | 111.0% |
Demographics — Chenoa, IL
As of the latest ACS Survey released in 2023, Chenoa, IL has a population of 2,730, which has increased by 12.4% over the past 5 years. Chenoa, IL is a moderately popular place for families, as children make up 24.6% of the population. The area has a moderately educated workforce, with 32.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,730 | 12.4% |
% Under 18 | 24.6% | 16.0% |
% Seniors | 15.4% | -15.4% |
% WFH | 6.6% | 65.0% |
% w/ College Degree | 32.4% | 39.1% |
As of the latest ACS Survey released in 2023, Chenoa, IL is a predominantly white area, with 93.9% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Chenoa, IL is black, making up 2.9% of the population. Foreign-born residents account for 0.7% of the population in Chenoa, IL, and this percentage has decreased by 22.2% 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 | 93.9% | 0.4% |
% Black | 2.9% | 70.6% |
% Hispanic | 1.6% | -51.5% |
% Asian | 0.7% | 600.0% |
% Foreign Born | 0.7% | -22.2% |
Mortgage and Risk — Chenoa, IL
Chenoa, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Rentals and Section 8 — Chenoa, IL
Chenoa, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | $0 | $1,000 | $1,000 |
| 3 Bedroom | N/A | N/A | $1,390 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Chenoa, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $163,000 |
| Median Household Income | $75,800 |