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Ava city, IL

ZIP 62907 — 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 62907

Median Home Value
$179,400
Median Rent
$466
Affordability Snapshot
$49,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,152/mo PITI).

8%
Rent-to-Income Ratio

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

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

32.1 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 62907 in Ava city, IL, a household would need roughly $49,000 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 $1,152. That sits below the local median household income ($73,300), 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 20% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
88.0%+35% vs US avg
x
Vacancy Rate
20.1%+96% vs US avg
x
Broadband Access
76.8%-12% vs US avg
x
4+ Bedrooms
2.6%-83% vs US avg
x
Built Pre-1939
1.4%-89% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
1.2%-98% vs US avg
x
Mortgage-Free
46.0%+20% vs US avg
x
$179,400
Home Value
$466
Rent
1984
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 detached83.9%
  • 1-unit attached0.2%
  • 2-9 units3.0%
  • 10+ units1.4%
  • Mobile home & other11.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$179,400
Median rent$466
Owner-occupied88.0%
Vacant20.1%
Price-to-income2.4x
Est. income to buy$49,000