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Makanda village, IL

ZIP 62958 — 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 62958

Median Home Value
$154,400
Median Rent
$577
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$992/mo PITI).

10%
Rent-to-Income Ratio

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

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.3 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 62958 in Makanda 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 $992. That sits below the local median household income ($68,309), 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 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
76.5%+17% vs US avg
x
Vacancy Rate
12.3%+19% vs US avg
x
Broadband Access
86.2%-1% vs US avg
x
4+ Bedrooms
3.5%-77% vs US avg
x
Built Pre-1939
0.3%-98% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
29.2%-41% vs US avg
x
Mortgage-Free
53.3%+40% vs US avg
x
$154,400
Home Value
$577
Rent
1982
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

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

  • 1-unit detached78.7%
  • 1-unit attached1.2%
  • 2-9 units4.8%
  • 10+ units0.0%
  • Mobile home & other15.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$154,400
Median rent$577
Owner-occupied76.5%
Vacant12.3%
Price-to-income2.3x
Est. income to buy$43,000