Pittsburg, IL 62974 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Pittsburg, IL—62974

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$157,000

2.3% YoY Growth

Household Income

$73,600

60.0% YoY Growth

Days on Market

11.0% Shorter YoY

Home Price Forecast

-1.9%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Pittsburg, IL

As of May '26, the median home price in Pittsburg, IL is $157,000, with a year-over-year change of -2.3%. This indicates that home prices in Pittsburg, IL are decreasing. According to Zillow, the 1-year price projection is -1.9%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$157,000	-2.3%
Single Family	$157,000	-3.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Pittsburg, IL

Pittsburg, 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

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% of Rental Stock

2 Bedrooms

40.7%

3 Bedrooms

31.5%

4 Bedrooms

27.8%

Property Listings — Pittsburg, IL

As of May '26, Realtor.com reports that the median days on market for a home in Pittsburg, IL is 29. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter 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	$145,000	-36.0%
Listing Count	5	140.0%
Listings as % of Homes	0.4%	140.0%
Days on Market	29	-11.0%

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Demographics — Pittsburg, IL

As of the latest ACS Survey released in 2023, Pittsburg, IL has a population of 1,650, which has increased by 1.4% over the past 5 years. Pittsburg, IL is a popular place for families, as children make up 26.5% of the population. The area has a moderately educated workforce, with 25.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,650	1.4%
% Under 18	26.5%	6.9%
% Seniors	17.0%	14.9%
% WFH	6.7%	48.9%
% w/ College Degree	25.4%	137.4%

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As of the latest ACS Survey released in 2023, Pittsburg, IL is a predominantly white area, with 96.8% of the population identifying as white. The white population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in Pittsburg, IL is hispanic, making up 0.9% of the population. Foreign-born residents account for 1.3% of the population in Pittsburg, IL, and this percentage has increased by 1200.0% 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	96.8%	-2.6%
% Black	0.0%	N/A
% Hispanic	0.9%	∞%
% Asian	0.0%	-100.0%
% Foreign Born	1.3%	1,200.0%

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Mortgage and Risk — Pittsburg, IL

According to HUD data as of 2023, there were 36 mortgage originations in Pittsburg, IL, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Pittsburg, IL. Investor activity is low, as 6.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	36
% Conventional Loans	72.0%
% Government Loans	28.0%
% Investor Loans	6.0%
% Second Loans	6.0%
% Cash Out Refinance	19.0%

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Rentals and Section 8 — Pittsburg, IL

Pittsburg, 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 Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$850
2 Bedroom	N/A	N/A	$1,120
3 Bedroom	N/A	N/A	$1,540
4 Bedroom	N/A	N/A	$1,670

Pittsburg, IL—62974

Key Metrics at a Glance

Home Price Trends — Pittsburg, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pittsburg, IL

% of Rental Stock

Property Listings — Pittsburg, IL

Demographics — Pittsburg, IL

Race and Ethnicity

Mortgage and Risk — Pittsburg, IL

Mortgages

Rentals and Section 8 — Pittsburg, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Pittsburg, IL

Home Price to Income Ratio

Pittsburg, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Thompsonville, IL

Marion, IL

Johnston City, IL

Creal Springs, IL

West Frankfort, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.9
Median Home Price	$157,000
Median Household Income	$73,600

Pittsburg, IL—62974

Key Metrics at a Glance

Home Price Trends — Pittsburg, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pittsburg, IL

% of Rental Stock

Property Listings — Pittsburg, IL

Demographics — Pittsburg, IL

Race and Ethnicity

Mortgage and Risk — Pittsburg, IL

Mortgages

Rentals and Section 8 — Pittsburg, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Pittsburg, IL

Home Price to Income Ratio

Pittsburg, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Thompsonville, IL

Marion, IL

Johnston City, IL

Creal Springs, IL

West Frankfort, IL

Frequently Asked Questions

What is the average home price in Pittsburg, IL 62974?

How have home prices in Pittsburg, IL 62974 changed over the past year?

What is the home price projection for Pittsburg, IL 62974?

What are the demographics of Pittsburg, IL 62974?

How long does it take homes to sell in Pittsburg, IL 62974?

What is the average rent price in Pittsburg, IL 62974?