Paloma, IL
Full City Profile · Illinois · Hancock County County
5.0
/5.0
A+
Excellent
104
Population
359/sq mi density
53°F
Avg Temperature
A+
Overall
5.0 / 5.0
Strong
A+
Education
5.0 / 5.0
0.0% bachelor's degree or higher
Housing Overview
Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
31
Median year built: 1991
Home Value by Source
Zillow (ZHVI)
$229,209
Redfin Median Sale
$243,900
Median Sale Price
$243,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
100.0%
Owner-Occupied
0.0%
Renter-Occupied
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
Market Indicators (Redfin)
Median Sale Price
$243,900
Median Days on Market
132 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
$141
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
25.1%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
100.0%
Complete Housing Data
Home Values
| Zillow Home Value (ZHVI) | $229,209 |
| Redfin Median Sale | $243,900 |
| Median Sale Price | $243,900 |
| Price Per Sq Ft | $141 |
Rent
| 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 Market | 132 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 1 |
| Price Per Sq Ft | $141 |
Ownership & Stock
| Owner-Occupied | 100.0% |
| Renter-Occupied | 0.0% |
| Homeownership Rate | 100.0% |
| Total Housing Units | 31 |
| Median Year Built | 1991 |
| Rent Burden | 25.1% |