Blue Mound, IL—62513
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Blue Mound, IL
As of Oct '25, the median home price in Blue Mound, IL is $143,000, with a year-over-year change of 3.9%. This indicates that home prices in Blue Mound, IL are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $143,000 | 3.9% |
| Single Family | $143,000 | 4.4% |
| 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 | $164,000 | 7.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Blue Mound, IL
As of July '25, Rentcast reports the average rent in Blue Mound, IL is $935, with a year-over-year rent change of 64.0%. Per bedroom, the median rent as of July '25 in Blue Mound, IL is 2-bedrooms: $570, 3-bedrooms: $1,300. The most common rental property sizes in Blue Mound, IL are 2-bedroom and 3-bedroom, accounting for 52.3% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $570 | $935 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $570 | $570 |
| 3 Bed Rent | $1,300 | $1,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Blue Mound, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Blue Mound, IL is 28. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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 | $232,000 | 52.0% |
Listing Count | 2 | -56.0% |
| Listings as % of Homes | 0.5% | -56.0% |
Days on Market | 28 | 1.0% |
Demographics — Blue Mound, IL
As of the latest ACS Survey released in 2023, Blue Mound, IL has a population of 1,380, which has decreased by -22.1% over the past 5 years. Blue Mound, IL is a moderately popular place for families, as children make up 24.7% of the population. The area has a moderately educated workforce, with 26.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,380 | -22.1% |
% Under 18 | 24.7% | -26.0% |
% Seniors | 19.2% | 39.1% |
% WFH | 11.8% | 353.8% |
% w/ College Degree | 26.8% | 67.5% |
As of the latest ACS Survey released in 2023, Blue Mound, IL is a predominantly white area, with 90.3% 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 Blue Mound, IL is hispanic, making up 3.9% of the population. Foreign-born residents account for 1.2% of the population in Blue Mound, IL, and this percentage has increased by 33.3% 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 | 90.3% | -4.6% |
% Black | 1.7% | ∞% |
% Hispanic | 3.9% | 550.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.2% | 33.3% |
Mortgage and Risk — Blue Mound, IL
According to HUD data as of 2023, there were 35 mortgage originations in Blue Mound, IL, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Blue Mound, IL. Investor activity is low, as 9.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 35 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Blue Mound, IL
Blue Mound, 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 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,190 |
| 2 Bedroom | $920 | $570 | $1,490 |
| 3 Bedroom | $650 | $1,300 | $1,950 |
| 4 Bedroom | N/A | N/A | $2,300 |
Affordability — Blue Mound, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.5 |
| Median Home Price | $143,000 |
| Median Household Income | $78,800 |