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De Soto village, IL

ZIP 62924 — 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 62924

Median Home Value
$97,600
Median Rent
$588
Affordability Snapshot
$27,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$627/mo PITI).

12%
Rent-to-Income Ratio

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

1.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

13.8 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 62924 in De Soto village, IL, a household would need roughly $27,000 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 $627. That sits below the local median household income ($57,721), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
57.5%-12% vs US avg
x
Vacancy Rate
7.7%-25% vs US avg
x
Broadband Access
93.0%+7% vs US avg
x
4+ Bedrooms
0.7%-95% vs US avg
x
Built Pre-1939
4.0%-69% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
11.6%-77% vs US avg
x
Mortgage-Free
56.6%+48% vs US avg
x
$97,600
Home Value
$588
Rent
1980
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 detached63.8%
  • 1-unit attached3.3%
  • 2-9 units15.1%
  • 10+ units0.0%
  • Mobile home & other17.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$97,600
Median rent$588
Owner-occupied57.5%
Vacant7.7%
Price-to-income1.7x
Est. income to buy$27,000