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Pearl village, IL

ZIP 62361 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 62361

Median Home Value
$83,000
Median Rent
N/A
Affordability Snapshot
$23,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$533/mo PITI).

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

To comfortably buy a median-priced home in ZIP 62361 in Pearl village, IL, a household would need roughly $23,000 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 $533. That sits below the local median household income ($46,250), 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

Vacancy rate 51% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
92.5%+41% vs US avg
x
Vacancy Rate
50.6%+391% vs US avg
x
Broadband Access
81.7%-6% vs US avg
x
4+ Bedrooms
3.3%-78% vs US avg
x
Built Pre-1939
2.5%-81% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
11.1%-78% vs US avg
x
Mortgage-Free
51.4%+34% vs US avg
x
$83,000
Home Value
N/A
Rent
1953
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached89.3%
  • 1-unit attached0.8%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other9.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$83,000
Median rent$-666,666,666
Owner-occupied92.5%
Vacant50.6%
Price-to-income1.8x
Est. income to buy$23,000