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Stonefort village, IL

ZIP 62987 — 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 62987

Median Home Value
$147,700
Median Rent
$465
Affordability Snapshot
$41,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$949/mo PITI).

7%
Rent-to-Income Ratio

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

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

26.5 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 62987 in Stonefort village, IL, a household would need roughly $41,000 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 $949. That sits below the local median household income ($81,089), 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 22% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
88.8%+36% vs US avg
x
Vacancy Rate
21.6%+109% vs US avg
x
Broadband Access
83.5%-4% vs US avg
x
4+ Bedrooms
1.5%-90% vs US avg
x
Built Pre-1939
3.9%-70% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
3.0%-94% vs US avg
x
Mortgage-Free
61.0%+60% vs US avg
x
$147,700
Home Value
$465
Rent
1983
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 detached73.2%
  • 1-unit attached0.0%
  • 2-9 units1.1%
  • 10+ units0.0%
  • Mobile home & other25.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$147,700
Median rent$465
Owner-occupied88.8%
Vacant21.6%
Price-to-income1.8x
Est. income to buy$41,000