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Sandoval village, IL

ZIP 62882 — 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 62882

Median Home Value
$85,800
Median Rent
$446
Affordability Snapshot
$24,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$551/mo PITI).

10%
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.

16.0 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 62882 in Sandoval village, IL, a household would need roughly $24,000 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 $551. That sits below the local median household income ($53,067), 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 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
76.0%+16% vs US avg
x
Vacancy Rate
13.1%+27% vs US avg
x
Broadband Access
83.3%-4% vs US avg
x
4+ Bedrooms
3.3%-78% vs US avg
x
Built Pre-1939
5.8%-55% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
9.7%-80% vs US avg
x
Mortgage-Free
52.7%+38% vs US avg
x
$85,800
Home Value
$446
Rent
1979
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 detached46.8%
  • 1-unit attached0.0%
  • 2-9 units5.7%
  • 10+ units3.2%
  • Mobile home & other44.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$85,800
Median rent$446
Owner-occupied76.0%
Vacant13.1%
Price-to-income1.6x
Est. income to buy$24,000