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Lerna, IL

Full City Profile · Illinois · Coles County County

2.7 /5.0
C+ Fair
220 Population 1,833/sq mi density
$48,750 Median Income $26,162 per capita
$80,800 Home Value $187,223 Zillow
$800 Median Rent 25.5% income on rent
53°F Avg Temperature 302 sunny days/yr
371 Violent Crime/100K 1,687 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$48,750 median income, 8.6% unemployment
A+
Affordability
5.0 / 5.0
$80,800 home value, $800/mo rent
F
Safety
1.0 / 5.0
371 violent crimes/100K
D
Education
1.9 / 5.0
11.2% bachelor's degree or higher

Housing Overview

Median Home Value
$80,800
71% below
US avg: $281,900
Median Rent
$800/mo
31% below
US avg: $1,163/mo
Homeownership Rate
71.4%
9% above US avg (65.4%)
Total Housing Units
128
Median year built: 1957

Home Value by Source

Census Median
$80,800
Zillow (ZHVI)
$187,223
Median Sale Price
$143,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.4%
Owner-Occupied
28.6%
Renter-Occupied
71%
29%
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: $800/mo

Market Indicators (Redfin)

Median Days on Market
96 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
$60

Affordability & Housing Stock

Rent Burden
25.5%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
71.4%

Complete Housing Data

Home Values

Census Median Value$80,800
Zillow Home Value (ZHVI)$187,223
Median Sale Price$143,500
Price Per Sq Ft$60

Rent

Census Median Rent$800
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 Market96
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$60

Ownership & Stock

Owner-Occupied71.4%
Renter-Occupied28.6%
Homeownership Rate71.4%
Total Housing Units128
Median Year Built1957
Rent Burden25.5%