New Baden, IL—62265
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Baden, IL
As of Oct '25, the median home price in New Baden, IL is $219,000, with a year-over-year change of 7.4%. This indicates that home prices in New Baden, IL are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $219,000 | 7.4% |
| Single Family | $219,000 | 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 | $222,000 | 7.8% |
4 Bed | $316,000 | 6.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Baden, IL
As of July '25, Rentcast reports the average rent in New Baden, IL is $1,800, with a year-over-year rent change of 157.1%. Per bedroom, the median rent as of July '25 in New Baden, IL is 3-bedrooms: $1,800. The most common rental property sizes in New Baden, IL are 3-bedroom and 2-bedroom, accounting for 41.8% and 34.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Baden, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in New Baden, IL is 125. This is a increase of 307.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $92,700 | -60.0% |
Listing Count | 3 | -39.0% |
| Listings as % of Homes | 0.2% | -39.0% |
Days on Market | 125 | 307.0% |
Demographics — New Baden, IL
As of the latest ACS Survey released in 2023, New Baden, IL has a population of 4,400, which has remained stable by 0.1% over the past 5 years. New Baden, IL is a moderately popular place for families, as children make up 23.3% of the population. The area has a moderately educated workforce, with 25.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,400 | 0.1% |
% Under 18 | 23.3% | 2.2% |
% Seniors | 12.8% | -19.5% |
% WFH | 10.8% | 237.5% |
% w/ College Degree | 25.5% | -4.9% |
As of the latest ACS Survey released in 2023, New Baden, IL is a predominantly white area, with 87.1% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in New Baden, IL is hispanic, making up 8.6% of the population. Foreign-born residents account for 4.4% of the population in New Baden, IL, and this percentage has increased by 633.3% 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 | 87.1% | -6.5% |
% Black | 3.1% | -31.1% |
% Hispanic | 8.6% | 273.9% |
% Asian | 0.6% | ∞% |
% Foreign Born | 4.4% | 633.3% |
Mortgage and Risk — New Baden, IL
According to HUD data as of 2023, there were 121 mortgage originations in New Baden, IL, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in New Baden, IL. Investor activity is low, as 7.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 121 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — New Baden, IL
New Baden, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,090 |
| 2 Bedroom | N/A | N/A | $1,340 |
| 3 Bedroom | -$70 | $1,800 | $1,730 |
| 4 Bedroom | N/A | N/A | $1,990 |
Affordability — New Baden, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $219,000 |
| Median Household Income | $88,100 |