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Limestone, IL

Full City Profile · Illinois · Kankakee County County

3.3 /5.0
B Good
1,338 Population 497/sq mi density
$95,625 Median Income $54,446 per capita
$212,600 Home Value $223,284 Zillow
$1,577 Median Rent 16.0% income on rent
51°F Avg Temperature 275 sunny days/yr
162 Violent Crime/100K 2,047 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$95,625 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$212,600 home value, $1,577/mo rent
F
Safety
1.0 / 5.0
162 violent crimes/100K
C+
Education
2.7 / 5.0
20.7% bachelor's degree or higher

Housing Overview

Median Home Value
$212,600
25% below
US avg: $281,900
Median Rent
$1,577/mo
36% above
US avg: $1,163/mo
Homeownership Rate
95.4%
46% above US avg (65.4%)
Total Housing Units
615
Median year built: 1971

Home Value by Source

Census Median
$212,600
Zillow (ZHVI)
$223,284
Median Sale Price
$184,625
Median List Price
$404,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

95.4%
Owner-Occupied
4.6%
Renter-Occupied
95%
5%
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: $1,577/mo

Market Indicators (Redfin)

Median Days on Market
34 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$148
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
16.0%
of renters spending 30%+ of income on housing
48% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
95.4%

Complete Housing Data

Home Values

Census Median Value$212,600
Zillow Home Value (ZHVI)$223,284
Median Sale Price$184,625
Median List Price$404,950
Price Per Sq Ft$148

Rent

Census Median Rent$1,577
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 Market34
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold4
Active Inventory3
Price Per Sq Ft$148

Ownership & Stock

Owner-Occupied95.4%
Renter-Occupied4.6%
Homeownership Rate95.4%
Total Housing Units615
Median Year Built1971
Rent Burden16.0%