Meredosia, IL—62665
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Meredosia, IL
As of Oct '25, the median home price in Meredosia, IL is $53,000, with a year-over-year change of -15.3%. This indicates that home prices in Meredosia, IL are decreasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $53,000 | -15.3% |
| Single Family | $53,000 | -13.1% |
| 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 — Meredosia, IL
Meredosia, 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 — Meredosia, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Meredosia, IL is 38. This is a increase of 105.0% 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 | $107,000 | -10.0% |
Listing Count | 8 | 71.0% |
| Listings as % of Homes | 0.1% | 71.0% |
Days on Market | 38 | 105.0% |
Demographics — Meredosia, IL
As of the latest ACS Survey released in 2023, Meredosia, IL has a population of 1,260, which has decreased by -7.0% over the past 5 years. Meredosia, IL is a moderately popular place for families, as children make up 19.5% of the population. The area has a poorly educated workforce, with 10.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,260 | -7.0% |
% Under 18 | 19.5% | -9.3% |
% Seniors | 24.5% | 7.9% |
% WFH | 6.9% | -9.2% |
% w/ College Degree | 10.2% | -5.6% |
As of the latest ACS Survey released in 2023, Meredosia, IL is a predominantly white area, with 94.9% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Meredosia, IL is hispanic, making up 0.8% of the population. Foreign-born residents account for 0.2% of the population in Meredosia, IL, and this percentage has decreased by 90.9% 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 | 94.9% | -3.1% |
% Black | 0.0% | N/A |
% Hispanic | 0.8% | 700.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.2% | -90.9% |
Mortgage and Risk — Meredosia, IL
According to HUD data as of 2023, there were 24 mortgage originations in Meredosia, IL, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Meredosia, IL. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 24 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Meredosia, IL
Meredosia, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% 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 | $660 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,060 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Meredosia, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.1 |
| Median Home Price | $53,000 |
| Median Household Income | $53,200 |