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Homer village, IL

ZIP 61849 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 61849

Median Home Value
$156,300
Median Rent
$679
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,004/mo PITI).

9%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 61849 in Homer village, IL, a household would need roughly $43,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,004. That sits below the local median household income ($95,000), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
86.1%+32% vs US avg
x
Vacancy Rate
8.0%-22% vs US avg
x
Broadband Access
86.4%-1% vs US avg
x
4+ Bedrooms
8.0%-46% vs US avg
x
Built Pre-1939
1.6%-88% vs US avg
x
Built Post-2014
0.4%-95% vs US avg
x
Rent Burden >30%
39.4%-21% vs US avg
x
Mortgage-Free
41.9%+10% vs US avg
x
$156,300
Home Value
$679
Rent
1966
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached87.8%
  • 1-unit attached0.5%
  • 2-9 units7.1%
  • 10+ units0.0%
  • Mobile home & other4.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$156,300
Median rent$679
Owner-occupied86.1%
Vacant8.0%
Price-to-income1.6x
Est. income to buy$43,000