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Cerro Gordo, IL

Full City Profile · Illinois · Macon County County

3.1 /5.0
B Good
1,426 Population 1,953/sq mi density
$69,118 Median Income $30,796 per capita
$108,000 Home Value $139,923 Zillow
$875 Median Rent 22.7% income on rent
53°F Avg Temperature 302 sunny days/yr
67 Violent Crime/100K 540 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$69,118 median income, 4.5% unemployment
A+
Affordability
5.0 / 5.0
$108,000 home value, $875/mo rent
F
Safety
1.0 / 5.0
67 violent crimes/100K
C
Education
2.4 / 5.0
17.6% bachelor's degree or higher

Housing Overview

Median Home Value
$108,000
62% below
US avg: $281,900
Median Rent
$875/mo
25% below
US avg: $1,163/mo
Homeownership Rate
78.2%
20% above US avg (65.4%)
Total Housing Units
586
Median year built: 1960

Home Value by Source

Census Median
$108,000
Zillow (ZHVI)
$139,923
Median Sale Price
$10,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.2%
Owner-Occupied
21.8%
Renter-Occupied
78%
22%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $875/mo

Market Indicators (Redfin)

Median Days on Market
29 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
1
Price Drops
60.0%
of listings with price reduction
Price Per Sq Ft
$9
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
22.7%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
78.2%

Complete Housing Data

Home Values

Census Median Value$108,000
Zillow Home Value (ZHVI)$139,923
Median Sale Price$10,000
Price Per Sq Ft$9

Rent

Census Median Rent$875
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market29
Sale-to-List Ratio0.0%
Price Drops60.0%
Homes Sold1
Active Inventory5
Price Per Sq Ft$9

Ownership & Stock

Owner-Occupied78.2%
Renter-Occupied21.8%
Homeownership Rate78.2%
Total Housing Units586
Median Year Built1960
Rent Burden22.7%