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Ludlow, IL

Full City Profile · Illinois · Ford County County

2.5 /5.0
C+ Fair
337 Population 843/sq mi density
$46,250 Median Income $22,940 per capita
$74,500 Home Value $145,881 Zillow
$775 Median Rent 25.9% income on rent
51°F Avg Temperature 275 sunny days/yr
295 Violent Crime/100K 1,250 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$46,250 median income, 11.1% unemployment
A+
Affordability
5.0 / 5.0
$74,500 home value, $775/mo rent
F
Safety
1.0 / 5.0
295 violent crimes/100K
D
Education
2.0 / 5.0
11.9% bachelor's degree or higher

Housing Overview

Median Home Value
$74,500
74% below
US avg: $281,900
Median Rent
$775/mo
33% below
US avg: $1,163/mo
Homeownership Rate
57.4%
12% below US avg (65.4%)
Total Housing Units
179
Median year built: 1955

Home Value by Source

Census Median
$74,500
Zillow (ZHVI)
$145,881
Median Sale Price
$74,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

57.4%
Owner-Occupied
42.6%
Renter-Occupied
57%
43%
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: $775/mo

Market Indicators (Redfin)

Median Days on Market
106 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
$62

Affordability & Housing Stock

Rent Burden
25.9%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
57.4%

Complete Housing Data

Home Values

Census Median Value$74,500
Zillow Home Value (ZHVI)$145,881
Median Sale Price$74,500
Price Per Sq Ft$62

Rent

Census Median Rent$775
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 Market106
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$62

Ownership & Stock

Owner-Occupied57.4%
Renter-Occupied42.6%
Homeownership Rate57.4%
Total Housing Units179
Median Year Built1955
Rent Burden25.9%