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Phoenix, IL

Full City Profile · Illinois · Lake County County

2.3 /5.0
C Fair
1,284 Population 2,791/sq mi density
$25,703 Median Income $23,697 per capita
$86,300 Home Value $85,995 Zillow
$1,010 Median Rent 46.3% income on rent
53°F Avg Temperature 275 sunny days/yr
625 Violent Crime/100K 2,553 property/100K
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.7 / 5.0
$25,703 median income, 13.8% unemployment
A+
Affordability
4.8 / 5.0
$86,300 home value, $1,010/mo rent
F
Safety
1.0 / 5.0
625 violent crimes/100K (65% above avg)
D
Education
1.8 / 5.0
9.4% bachelor's degree or higher

Housing Overview

Median Home Value
$86,300
69% below
US avg: $281,900
Median Rent
$1,010/mo
13% below
US avg: $1,163/mo
Homeownership Rate
62.5%
4% below US avg (65.4%)
Total Housing Units
762
Median year built: 1959

Home Value by Source

Census Median
$86,300
Zillow (ZHVI)
$85,995
Median Sale Price
$206,000
Median List Price
$114,999
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.5%
Owner-Occupied
37.5%
Renter-Occupied
63%
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: $1,010/mo

Market Indicators (Redfin)

Median Days on Market
249 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$90
Active Inventory
9
homes for sale

Affordability & Housing Stock

Rent Burden
46.3%
of renters spending 30%+ of income on housing
49% above US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
62.5%

Complete Housing Data

Home Values

Census Median Value$86,300
Zillow Home Value (ZHVI)$85,995
Median Sale Price$206,000
Median List Price$114,999
Price Per Sq Ft$90

Rent

Census Median Rent$1,010
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 Market249
Sale-to-List Ratio1.0%
Price Drops11.1%
Homes Sold1
Active Inventory9
Price Per Sq Ft$90

Ownership & Stock

Owner-Occupied62.5%
Renter-Occupied37.5%
Homeownership Rate62.5%
Total Housing Units762
Median Year Built1959
Rent Burden46.3%