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Chenoa, IL—61726

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$163,000
7.3% YoY Growth
Household Income
$75,800
23.4% YoY Growth
Days on Market
60
20.0% Longer YoY
Home Price Forecast
3.8%
Median Rent
$1,000
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,000
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Chenoa, IL

As of Dec '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 TypeMedian Home ValueYoY % Change
All Homes
$163,0007.3%
Single Family $163,0007.9%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    0.6%
    2 Bedrooms
    25.8%
    3 Bedrooms
    46.6%
    4 Bedrooms
    18.2%
    5+ Bedrooms
    8.9%

    Rental Trends — Chenoa, IL

    Chenoa, IL lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$1,000$1,000
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,000$1,000
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    2.5%
    2 Bedrooms
    37.1%
    3 Bedrooms
    42.1%
    4 Bedrooms
    2.9%
    5+ Bedrooms
    15.4%

    Property Listings — Chenoa, IL

    As of Dec '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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$174,00036.0%
    Listing Count
    		1132.0%
    Listings as % of Homes0.3%32.0%
    Days on Market
    		6020.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		2,73012.4%
    % Under 18
    		24.6%16.0%
    % Seniors
    		15.4%-15.4%
    % WFH
    		6.6%65.0%
    % w/ College Degree
    		32.4%39.1%
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    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

    MetricLatest Census5-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%
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    Mortgage and Risk — Chenoa, IL

    Chenoa, IL lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$790
    2 Bedroom$0$1,000$1,000
    3 BedroomN/AN/A$1,390
    4 BedroomN/AN/A$1,390

    Affordability — Chenoa, IL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.7
    Median Home Price$163,000
    Median Household Income$75,800

    Chenoa, IL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Lexington, IL

    61753

    Graymont, IL

    61743

    Pontiac, IL

    61764

    Colfax, IL

    61728

    Fairbury, IL

    61739

    Frequently Asked Questions