Hartford, IL—62048
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hartford, IL
As of Oct '25, the median home price in Hartford, IL is $69,000, with a year-over-year change of -10.3%. This indicates that home prices in Hartford, IL are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $69,000 | -10.3% |
| Single Family | $69,000 | -11.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $61,000 | -9.0% |
3 Bed | $87,000 | -7.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hartford, IL
As of July '25, Rentcast reports the average rent in Hartford, IL is $1,400, with a year-over-year rent change of 33.3%. Per bedroom, the median rent as of July '25 in Hartford, IL is 4-bedrooms: $1,400. The most common rental property sizes in Hartford, IL are 1-bedroom and 3-bedroom, accounting for 49.6% and 30.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| 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 | $1,400 | $1,400 |
% of Rental Stock
Property Listings — Hartford, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Hartford, IL is 22. This is a decrease of -74.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $77,900 | 29.0% |
Listing Count | 6 | -20.0% |
| Listings as % of Homes | 0.4% | -20.0% |
Days on Market | 22 | -74.0% |
Demographics — Hartford, IL
As of the latest ACS Survey released in 2023, Hartford, IL has a population of 1,460, which has decreased by -20.4% over the past 5 years. Hartford, IL is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 7.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,460 | -20.4% |
% Under 18 | 20.3% | -30.5% |
% Seniors | 22.5% | 64.2% |
% WFH | 7.0% | 438.5% |
% w/ College Degree | 7.6% | 22.6% |
As of the latest ACS Survey released in 2023, Hartford, IL is a predominantly white area, with 89.4% of the population identifying as white. The white population has shrunk by 9.9% in the last 5 years. The second most common race or ethnicity in Hartford, IL is hispanic, making up 4.7% of the population. Foreign-born residents account for 1.1% of the population in Hartford, IL, and this percentage has increased by 120.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.4% | -9.9% |
% Black | 0.8% | ∞% |
% Hispanic | 4.7% | 1,466.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.1% | 120.0% |
Mortgage and Risk — Hartford, IL
Hartford, 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 |
Loan Activity
No data available
Rentals and Section 8 — Hartford, IL
Hartford, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | N/A | N/A | $1,090 |
| 3 Bedroom | N/A | N/A | $1,410 |
| 4 Bedroom | $240 | $1,400 | $1,640 |
Affordability — Hartford, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.6 |
| Median Home Price | $69,000 |
| Median Household Income | $39,400 |