Heyworth, IL—61745
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Heyworth, IL
Home Price Trends — Heyworth, IL
As of Nov '25, the median home price in Heyworth, IL is $254,000, with a year-over-year change of 4.2%. This indicates that home prices in Heyworth, IL are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $254,000 | 4.2% |
| Single Family | $255,000 | 4.1% |
| 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 — Heyworth, IL
Heyworth, 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 |
% of Rental Stock
Property Listings — Heyworth, IL
As of Nov '25, Realtor.com reports that the median days on market for a home in Heyworth, IL is 30. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter 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 | $312,000 | 18.0% |
Listing Count | 13 | -22.0% |
| Listings as % of Homes | 0.5% | -22.0% |
Days on Market | 30 | -22.0% |
Demographics — Heyworth, IL
As of the latest ACS Survey released in 2023, Heyworth, IL has a population of 4,510, which has decreased by -2.3% over the past 5 years. Heyworth, IL is a popular place for families, as children make up 30.0% of the population. The area has a moderately educated workforce, with 35.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,510 | -2.3% |
% Under 18 | 30.0% | 11.1% |
% Seniors | 15.8% | 36.2% |
% WFH | 13.5% | 938.5% |
% w/ College Degree | 35.8% | -1.4% |
As of the latest ACS Survey released in 2023, Heyworth, IL is a predominantly white area, with 88.1% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Heyworth, IL is hispanic, making up 7.9% of the population. Foreign-born residents account for 1.0% of the population in Heyworth, IL, and this percentage has decreased by 9.1% 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 | 88.1% | -4.6% |
% Black | 0.0% | -100.0% |
% Hispanic | 7.9% | 259.1% |
% Asian | 0.3% | -25.0% |
% Foreign Born | 1.0% | -9.1% |
Mortgage and Risk — Heyworth, IL
According to HUD data as of 2023, there were 73 mortgage originations in Heyworth, IL, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Heyworth, IL. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 73 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Rentals and Section 8 — Heyworth, IL
Heyworth, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.3% |
% 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 | N/A | N/A | $1,030 |
| 3 Bedroom | N/A | N/A | $1,390 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Heyworth, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $254,000 |
| Median Household Income | $103,000 |