Germantown, IL62245

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$239,000
7.1% YoY Growth
Median Household Income
$89,400
29.7% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
2.2%
Median 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

Property Listings — Germantown, IL

Germantown, IL lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of Homes0.1%N/A
Days on Market
N/AN/A
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Demographics — Germantown, IL

As of the latest ACS Survey released in 2023, Germantown, IL has a population of 1,760, which has increased by 4.0% over the past 5 years. Germantown, IL is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 23.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,7604.0%
% Under 18
22.0%11.7%
% Seniors
17.5%2.3%
% WFH
10.4%141.9%
% w/ College Degree
23.9%26.5%
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As of the latest ACS Survey released in 2023, Germantown, IL is a predominantly white area, with 98.4% of the population identifying as white. The white population has grown by 1.2% in the last 5 years. The second most common race or ethnicity in Germantown, IL is black, making up 0.4% of the population. Foreign-born residents account for 0.1% of the population in Germantown, IL, and this percentage has decreased by 80.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
98.4%1.2%
% Black
0.4%∞%
% Hispanic
0.2%-92.0%
% Asian
0.0%N/A
% Foreign Born
0.1%-80.0%
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Mortgage and Risk — Germantown, IL

According to HUD data as of 2023, there were 46 mortgage originations in Germantown, IL, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Germantown, IL. Investor activity is low, as 7.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
46
% Conventional Loans
87.0%
% Government Loans
13.0%
% Investor Loans
7.0%
% Second Loans
2.0%
% Cash Out Refinance
4.0%

Loan Activity

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Rentals and Section 8 — Germantown, IL

Germantown, 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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$880
2 BedroomN/AN/A$1,090
3 BedroomN/AN/A$1,410
4 BedroomN/AN/A$1,640

Affordability — Germantown, IL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.2
Median Home Price$239,000
Median Household Income$89,400

Germantown, IL — ZIP Code Boundary Map

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Frequently Asked Questions