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Oblong village, IL

ZIP 62449 — 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 62449

Median Home Value
$99,900
Median Rent
$288
Affordability Snapshot
$28,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$642/mo PITI).

6%
Rent-to-Income Ratio

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

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

28.9 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 62449 in Oblong village, IL, a household would need roughly $28,000 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 $642. That sits below the local median household income ($56,552), 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
76.1%+16% vs US avg
x
Vacancy Rate
9.3%-10% vs US avg
x
Broadband Access
89.5%+3% vs US avg
x
4+ Bedrooms
2.7%-82% vs US avg
x
Built Pre-1939
6.8%-47% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
4.5%-91% vs US avg
x
Mortgage-Free
54.0%+41% vs US avg
x
$99,900
Home Value
$288
Rent
1971
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached74.0%
  • 1-unit attached0.7%
  • 2-9 units3.8%
  • 10+ units0.8%
  • Mobile home & other20.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$99,900
Median rent$288
Owner-occupied76.1%
Vacant9.3%
Price-to-income1.8x
Est. income to buy$28,000