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Cornell, IL

Full City Profile · Illinois · Livingston County County

3.0 /5.0
B Good
419 Population 645/sq mi density
$64,286 Median Income $26,159 per capita
$83,800 Home Value $163,063 Zillow
$871 Median Rent 18.8% income on rent
52°F Avg Temperature 275 sunny days/yr
378 Violent Crime/100K 2,810 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$64,286 median income, 0.9% unemployment
A+
Affordability
5.0 / 5.0
$83,800 home value, $871/mo rent
F
Safety
1.0 / 5.0
378 violent crimes/100K
C
Education
2.3 / 5.0
16.7% bachelor's degree or higher

Housing Overview

Median Home Value
$83,800
70% below
US avg: $281,900
Median Rent
$871/mo
25% below
US avg: $1,163/mo
Homeownership Rate
74.4%
14% above US avg (65.4%)
Total Housing Units
210
Median year built: 1946

Home Value by Source

Census Median
$83,800
Zillow (ZHVI)
$163,063
Median Sale Price
$160,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

74.4%
Owner-Occupied
25.6%
Renter-Occupied
74%
26%
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: $871/mo

Market Indicators (Redfin)

Median Days on Market
88 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$135
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
18.8%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1946
Average age of housing stock: 80 years
Homeownership Rate
74.4%

Complete Housing Data

Home Values

Census Median Value$83,800
Zillow Home Value (ZHVI)$163,063
Median Sale Price$160,000
Price Per Sq Ft$135

Rent

Census Median Rent$871
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 Market88
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$135

Ownership & Stock

Owner-Occupied74.4%
Renter-Occupied25.6%
Homeownership Rate74.4%
Total Housing Units210
Median Year Built1946
Rent Burden18.8%