What is the average home price in Sandoval, IL 62882?

As of May '26, the median home price in Sandoval, IL 62882 is $105,000, based on Zillow home estimates.

How have home prices in Sandoval, IL 62882 changed over the past year?

As of May '26, home prices have increased 10.4% over the past year, according to Zillow home estimates data.

What is the home price projection for Sandoval, IL 62882?

As of May '26, Zillow projects home prices in Sandoval, IL 62882 to increase 0.6% in the next year.

What are the demographics of Sandoval, IL 62882?

According to the latest Census, the demographics of Sandoval, IL 62882 are 91.6% White, 0.9% Black, 0.9% Asian, 3.3% Hispanic. The population is 2,100, with 22.1% under 18 years old.

How long does it take homes to sell in Sandoval, IL 62882?

According to Realtor.com, as of May '26, the median home in Sandoval, IL 62882 is on the market for 145 days. This is an increase of 97.0% from last year.

What is the average rent price in Sandoval, IL 62882?

The average rent price in Sandoval, IL 62882, as of the latest data, is $342. The average rent for 1 bedroom homes is N/A. For 2, 3, and 4 bedroom homes, the average rent is $342, N/A, and N/A respectively.

Sandoval, IL 62882 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Sandoval, IL—62882

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$105,000

10.4% YoY Growth

Household Income

$53,100

26.5% YoY Growth

Days on Market

145

97.0% Longer YoY

Home Price Forecast

0.6%

Median Rent

$342

N/A

1-Bed Rent

N/A

2-Bed Rent

$342

N/A

3-Bed Rent

N/A

Home Price Trends — Sandoval, IL

As of May '26, the median home price in Sandoval, IL is $105,000, with a year-over-year change of 10.4%. This indicates that home prices in Sandoval, IL are increasing. 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	$105,000	10.4%
Single Family	$105,000	11.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Sandoval, IL

Sandoval, IL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$342	$342
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$342	$342
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

3.4%

1 Bedroom

23.3%

2 Bedrooms

38.3%

3 Bedrooms

35.0%

Property Listings — Sandoval, IL

As of May '26, Realtor.com reports that the median days on market for a home in Sandoval, IL is 145. This is a increase of 97.0% 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	$164,000	-8.0%
Listing Count	3	100.0%
Listings as % of Homes	0.6%	100.0%
Days on Market	145	97.0%

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Demographics — Sandoval, IL

As of the latest ACS Survey released in 2023, Sandoval, IL has a population of 2,100, which has decreased by -12.0% over the past 5 years. Sandoval, IL is a moderately popular place for families, as children make up 22.1% of the population. The area has a poorly educated workforce, with 8.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,100	-12.0%
% Under 18	22.1%	-15.3%
% Seniors	18.0%	21.6%
% WFH	6.6%	450.0%
% w/ College Degree	8.2%	-20.4%

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As of the latest ACS Survey released in 2023, Sandoval, IL is a predominantly white area, with 91.6% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Sandoval, IL is hispanic, making up 3.3% of the population. Foreign-born residents account for 0.7% of the population in Sandoval, IL, and this percentage has increased by Inf% 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	91.6%	-2.7%
% Black	0.9%	-10.0%
% Hispanic	3.3%	94.1%
% Asian	0.9%	∞%
% Foreign Born	0.7%	∞%

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Mortgage and Risk — Sandoval, IL

According to HUD data as of 2023, there were 17 mortgage originations in Sandoval, IL, of which 41.0% of loans were conventional mortgages. The average loan-to-value was 90.0%, with 71.0% above 90% LTV (very high). This implies large mortgage risk in Sandoval, IL. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	17
% Conventional Loans	41.0%
% Government Loans	59.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Sandoval, IL

Sandoval, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	57
Total Units Section 8	7
% Rentals under Section 8	2.4%
% 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	$748	$342	$1,090
3 Bedroom	N/A	N/A	$1,410
4 Bedroom	N/A	N/A	$1,640

Sandoval, IL—62882

Key Metrics at a Glance

Home Price Trends — Sandoval, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sandoval, IL

% of Rental Stock

Property Listings — Sandoval, IL

Demographics — Sandoval, IL

Race and Ethnicity

Mortgage and Risk — Sandoval, IL

Mortgages

Rentals and Section 8 — Sandoval, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Sandoval, IL

Home Price to Income Ratio

Sandoval, IL — ZIP Code Boundary Map

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Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.2
Median Home Price	$105,000
Median Household Income	$53,100