Raleigh, IL—62977
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Raleigh, IL
Raleigh, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $138,000 | -4.8% |
| Single Family | $138,000 | -4.8% |
| 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 — Raleigh, IL
Raleigh, 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 — Raleigh, IL
As of Nov '25, Realtor.com reports that the median days on market for a home in Raleigh, IL is 39. This is a decrease of -55.0% 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 | $90,000 | -44.0% |
Listing Count | 1 | -60.0% |
| Listings as % of Homes | 0.0% | -60.0% |
Days on Market | 39 | -55.0% |
Demographics — Raleigh, IL
As of the latest ACS Survey released in 2023, Raleigh, IL has a population of 520, which has decreased by -30.1% over the past 5 years. Raleigh, IL is a moderately popular place for families, as children make up 17.9% of the population. The area has a moderately educated workforce, with 28.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 520 | -30.1% |
% Under 18 | 17.9% | -47.5% |
% Seniors | 25.0% | 127.3% |
% WFH | 0.8% | -72.4% |
% w/ College Degree | 28.9% | 37.6% |
Raleigh, IL lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 98.7% | 0.0% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Raleigh, IL
Raleigh, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Rentals and Section 8 — Raleigh, IL
Raleigh, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 2 |
% 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 | $780 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | N/A | N/A | $1,370 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Raleigh, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $138,000 |
| Median Household Income | $65,800 |