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Crossville village, IL

ZIP 62827 — 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 62827

Median Home Value
$79,500
Median Rent
$240
Affordability Snapshot
$22,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$511/mo PITI).

5%
Rent-to-Income Ratio

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

1.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

27.6 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 62827 in Crossville village, IL, a household would need roughly $22,000 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 $511. That sits below the local median household income ($52,794), 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

Historic housing stock (21% built before 1939)

Owner Occupied
72.6%+11% vs US avg
x
Vacancy Rate
8.0%-23% vs US avg
x
Broadband Access
66.2%-24% vs US avg
x
4+ Bedrooms
0.4%-97% vs US avg
x
Built Pre-1939
21.2%+65% vs US avg
x
Built Post-2014
4.7%-32% vs US avg
x
Rent Burden >30%
5.4%-89% vs US avg
x
Mortgage-Free
52.0%+36% vs US avg
x
$79,500
Home Value
$240
Rent
1959
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached68.7%
  • 1-unit attached0.2%
  • 2-9 units10.7%
  • 10+ units3.1%
  • Mobile home & other17.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$79,500
Median rent$240
Owner-occupied72.6%
Vacant8.0%
Price-to-income1.5x
Est. income to buy$22,000