Vergennes, IL—62994
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Vergennes, IL
As of Oct '25, the median home price in Vergennes, IL is $105,000, with a year-over-year change of 9.1%. This indicates that home prices in Vergennes, IL are increasing. According to Zillow, the 1-year price projection is -2.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $105,000 | 9.1% |
| Single Family | $105,000 | 10.5% |
| 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 — Vergennes, IL
Vergennes, 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 — Vergennes, IL
Vergennes, IL lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $92,400 | N/A |
Listing Count | 2 | N/A |
| Listings as % of Homes | 0.3% | N/A |
Days on Market | 116 | N/A |
Demographics — Vergennes, IL
As of the latest ACS Survey released in 2023, Vergennes, IL has a population of 752, which has increased by 20.3% over the past 5 years. Vergennes, 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 8.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 752 | 20.3% |
% Under 18 | 22.1% | -7.1% |
% Seniors | 15.8% | -10.2% |
% WFH | 2.5% | ∞% |
% w/ College Degree | 8.7% | -55.2% |
As of the latest ACS Survey released in 2023, Vergennes, IL is a predominantly white area, with 91.1% of the population identifying as white. The white population has shrunk by 6.1% in the last 5 years. The second most common race or ethnicity in Vergennes, IL is hispanic, making up 2.9% of the population. Foreign-born residents account for 1.9% of the population in Vergennes, IL, and this percentage has increased by 46.2% 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 | 91.1% | -6.1% |
% Black | 0.0% | N/A |
% Hispanic | 2.9% | 383.3% |
% Asian | 0.3% | ∞% |
% Foreign Born | 1.9% | 46.2% |
Mortgage and Risk — Vergennes, IL
Vergennes, 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 |
Loan Activity
No data available
Rentals and Section 8 — Vergennes, IL
Vergennes, 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 | $840 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | N/A | N/A | $1,380 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Vergennes, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.6 |
| Median Home Price | $105,000 |
| Median Household Income | $62,500 |