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Gillespie, IL

Full City Profile · Illinois · Macoupin County County

3.1 /5.0
B Good
3,118 Population 2,107/sq mi density
$76,806 Median Income $37,996 per capita
$89,500 Home Value $109,913 Zillow
$756 Median Rent 12.9% income on rent
53°F Avg Temperature 293 sunny days/yr
743 Violent Crime/100K 3,197 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$76,806 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$89,500 home value, $756/mo rent
F
Safety
1.0 / 5.0
743 violent crimes/100K (95% above avg)
C
Education
2.5 / 5.0
18.6% bachelor's degree or higher

Housing Overview

Median Home Value
$89,500
68% below
US avg: $281,900
Median Rent
$756/mo
35% below
US avg: $1,163/mo
Homeownership Rate
65.2%
0% below US avg (65.4%)
Total Housing Units
1,483
Median year built: 1951

Home Value by Source

Census Median
$89,500
Zillow (ZHVI)
$109,913
Median Sale Price
$143,250
Median List Price
$189,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.2%
Owner-Occupied
34.8%
Renter-Occupied
65%
35%
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: $756/mo

Market Indicators (Redfin)

Median Days on Market
55 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$69
Active Inventory
10
homes for sale

Affordability & Housing Stock

Rent Burden
12.9%
of renters spending 30%+ of income on housing
58% below US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
65.2%

Complete Housing Data

Home Values

Census Median Value$89,500
Zillow Home Value (ZHVI)$109,913
Median Sale Price$143,250
Median List Price$189,500
Price Per Sq Ft$69

Rent

Census Median Rent$756
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 Market55
Sale-to-List Ratio0.9%
Price Drops20.0%
Homes Sold2
Active Inventory10
Price Per Sq Ft$69

Ownership & Stock

Owner-Occupied65.2%
Renter-Occupied34.8%
Homeownership Rate65.2%
Total Housing Units1,483
Median Year Built1951
Rent Burden12.9%