Thebes, IL 62990 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Thebes, IL—62990

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$125,000

0.3% YoY Growth

Household Income

$61,000

65.4% YoY Growth

Days on Market

61.0% Shorter YoY

Home Price Forecast

-1.5%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Other Zip Codes in Thebes, IL

62957

Home Price Trends — Thebes, IL

As of May '26, the median home price in Thebes, IL is $125,000, with a year-over-year change of 0.3%. This indicates that home prices in Thebes, IL are flat. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$125,000	0.3%
Single Family	$125,000	0.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Thebes, IL

Thebes, 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

18.5%

3 Bedrooms

81.5%

Property Listings — Thebes, IL

As of May '26, Realtor.com reports that the median days on market for a home in Thebes, IL is 36. This is a decrease of -61.0% 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	$596,000	187.0%
Listing Count	2	-30.0%
Listings as % of Homes	0.3%	-30.0%
Days on Market	36	-61.0%

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Demographics — Thebes, IL

As of the latest ACS Survey released in 2023, Thebes, IL has a population of 1,040, which has increased by 28.9% over the past 5 years. Thebes, IL is a popular place for families, as children make up 27.4% of the population. The area has a poorly educated workforce, with 14.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,040	28.9%
% Under 18	27.4%	-23.7%
% Seniors	25.9%	-3.0%
% WFH	4.5%	1,025.0%
% w/ College Degree	14.1%	30.6%

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As of the latest ACS Survey released in 2023, Thebes, IL is a predominantly white area, with 98.0% of the population identifying as white. The white population has grown by 14.8% in the last 5 years. The second most common race or ethnicity in Thebes, IL is asian, making up 0.7% of the population. Foreign-born residents account for 0.7% of the population in Thebes, IL, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	98.0%	14.8%
% Black	0.0%	-100.0%
% Hispanic	0.2%	∞%
% Asian	0.7%	0.0%
% Foreign Born	0.7%	0.0%

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Mortgage and Risk — Thebes, IL

According to HUD data as of 2023, there were 10 mortgage originations in Thebes, IL, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Thebes, IL. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	10
% Conventional Loans	70.0%
% Government Loans	30.0%
% Investor Loans	0.0%
% Second Loans	10.0%
% Cash Out Refinance	20.0%

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Rentals and Section 8 — Thebes, IL

Thebes, 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	$700
2 Bedroom	N/A	N/A	$870
3 Bedroom	N/A	N/A	$1,220
4 Bedroom	N/A	N/A	$1,460

Thebes, IL—62990

Key Metrics at a Glance

Other Zip Codes in Thebes, IL

Home Price Trends — Thebes, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Thebes, IL

% of Rental Stock

Property Listings — Thebes, IL

Demographics — Thebes, IL

Race and Ethnicity

Mortgage and Risk — Thebes, IL

Mortgages

Rentals and Section 8 — Thebes, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Thebes, IL

Home Price to Income Ratio

Thebes, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Commerce

Thebes, IL

Olive Branch, IL

Tamms, IL

Scott City, MO

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.2
Median Home Price	$125,000
Median Household Income	$61,000

Thebes, IL—62990

Key Metrics at a Glance

Other Zip Codes in Thebes, IL

Home Price Trends — Thebes, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Thebes, IL

% of Rental Stock

Property Listings — Thebes, IL

Demographics — Thebes, IL

Race and Ethnicity

Mortgage and Risk — Thebes, IL

Mortgages

Rentals and Section 8 — Thebes, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Thebes, IL

Home Price to Income Ratio

Thebes, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Commerce

Thebes, IL

Olive Branch, IL

Tamms, IL

Scott City, MO

Frequently Asked Questions

What is the average home price in Thebes, IL 62990?

How have home prices in Thebes, IL 62990 changed over the past year?

What is the home price projection for Thebes, IL 62990?

What are the demographics of Thebes, IL 62990?

How long does it take homes to sell in Thebes, IL 62990?

What is the average rent price in Thebes, IL 62990?