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Lacon, IL

Full City Profile · Illinois · Marshall County County

2.9 /5.0
C+ Fair
1,768 Population 1,078/sq mi density
$60,750 Median Income $32,885 per capita
$111,700 Home Value $136,559 Zillow
$811 Median Rent 28.5% income on rent
53°F Avg Temperature 275 sunny days/yr
174 Violent Crime/100K 232 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$60,750 median income, 4.2% unemployment
A+
Affordability
5.0 / 5.0
$111,700 home value, $811/mo rent
F
Safety
1.0 / 5.0
174 violent crimes/100K
D
Education
2.0 / 5.0
12.0% bachelor's degree or higher

Housing Overview

Median Home Value
$111,700
60% below
US avg: $281,900
Median Rent
$811/mo
30% below
US avg: $1,163/mo
Homeownership Rate
73.4%
12% above US avg (65.4%)
Total Housing Units
804
Median year built: 1955

Home Value by Source

Census Median
$111,700
Zillow (ZHVI)
$136,559
Median Sale Price
$145,000
Median List Price
$86,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.4%
Owner-Occupied
26.6%
Renter-Occupied
73%
27%
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: $811/mo

Market Indicators (Redfin)

Median Days on Market
125 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$90
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
73.4%

Complete Housing Data

Home Values

Census Median Value$111,700
Zillow Home Value (ZHVI)$136,559
Median Sale Price$145,000
Median List Price$86,000
Price Per Sq Ft$90

Rent

Census Median Rent$811
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 Market125
Sale-to-List Ratio0.9%
Price Drops25.0%
Homes Sold1
Active Inventory4
Price Per Sq Ft$90

Ownership & Stock

Owner-Occupied73.4%
Renter-Occupied26.6%
Homeownership Rate73.4%
Total Housing Units804
Median Year Built1955
Rent Burden28.5%