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Hanna City, IL

Full City Profile · Illinois · Peoria County County

4.0 /5.0
A Great
1,334 Population 981/sq mi density
$70,774 Median Income $41,002 per capita
$122,600 Home Value $218,153 Zillow
$870 Median Rent 32.6% income on rent
53°F Avg Temperature 275 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A
Economy
4.3 / 5.0
$70,774 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$122,600 home value, $870/mo rent
C+
Education
2.7 / 5.0
20.8% bachelor's degree or higher

Housing Overview

Median Home Value
$122,600
57% below
US avg: $281,900
Median Rent
$870/mo
25% below
US avg: $1,163/mo
Homeownership Rate
82.7%
26% above US avg (65.4%)
Total Housing Units
817
Median year built: 1962

Home Value by Source

Census Median
$122,600
Zillow (ZHVI)
$218,153
Median Sale Price
$157,500
Median List Price
$224,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.7%
Owner-Occupied
17.3%
Renter-Occupied
83%
17%
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: $870/mo

Market Indicators (Redfin)

Median Days on Market
35 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$82
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
32.6%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
82.7%

Complete Housing Data

Home Values

Census Median Value$122,600
Zillow Home Value (ZHVI)$218,153
Median Sale Price$157,500
Median List Price$224,900
Price Per Sq Ft$82

Rent

Census Median Rent$870
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 Market35
Sale-to-List Ratio1.0%
Price Drops100.0%
Homes Sold4
Active Inventory1
Price Per Sq Ft$82

Ownership & Stock

Owner-Occupied82.7%
Renter-Occupied17.3%
Homeownership Rate82.7%
Total Housing Units817
Median Year Built1962
Rent Burden32.6%