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Loves Park, IL

Full City Profile · Illinois · Boone County County

3.1 /5.0
B Good
23,185 Population 1,420/sq mi density
$58,633 Median Income $36,224 per capita
$144,900 Home Value $190,933 Zillow
$1,102 Median Rent 26.8% income on rent
48°F Avg Temperature 260 sunny days/yr
318 Violent Crime/100K 1,719 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$58,633 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$144,900 home value, $1,102/mo rent
F
Safety
1.0 / 5.0
318 violent crimes/100K
C+
Education
3.0 / 5.0
24.9% bachelor's degree or higher

Housing Overview

Median Home Value
$144,900
49% below
US avg: $281,900
Median Rent
$1,102/mo
5% below
US avg: $1,163/mo
Homeownership Rate
62.4%
5% below US avg (65.4%)
Total Housing Units
10,168
Median year built: 1983

Home Value by Source

Census Median
$144,900
Zillow (ZHVI)
$190,933
Median Sale Price
$185,000
Median List Price
$194,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.4%
Owner-Occupied
37.6%
Renter-Occupied
62%
38%
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: $1,102/mo

Market Indicators (Redfin)

Median Days on Market
35 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
23
Price Drops
12.9%
of listings with price reduction
Price Per Sq Ft
$123
Active Inventory
31
homes for sale

Affordability & Housing Stock

Rent Burden
26.8%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
62.4%

Complete Housing Data

Home Values

Census Median Value$144,900
Zillow Home Value (ZHVI)$190,933
Median Sale Price$185,000
Median List Price$194,900
Price Per Sq Ft$123

Rent

Census Median Rent$1,102
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 Drops12.9%
Homes Sold23
Active Inventory31
Price Per Sq Ft$123

Ownership & Stock

Owner-Occupied62.4%
Renter-Occupied37.6%
Homeownership Rate62.4%
Total Housing Units10,168
Median Year Built1983
Rent Burden26.8%