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Ridge Farm, IL

Full City Profile · Illinois · Vermillion County County

3.1 /5.0
B Good
887 Population 290/sq mi density
$50,833 Median Income $25,362 per capita
$73,000 Home Value $96,906 Zillow
$695 Median Rent 27.8% income on rent
52°F Avg Temperature 293 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$50,833 median income, 4.9% unemployment
A+
Affordability
5.0 / 5.0
$73,000 home value, $695/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
F
Education
1.5 / 5.0
6.1% bachelor's degree or higher

Housing Overview

Median Home Value
$73,000
74% below
US avg: $281,900
Median Rent
$695/mo
40% below
US avg: $1,163/mo
Homeownership Rate
70.1%
7% above US avg (65.4%)
Total Housing Units
397
Median year built: 1954

Home Value by Source

Census Median
$73,000
Zillow (ZHVI)
$96,906
Median Sale Price
$61,528
Median List Price
$87,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.1%
Owner-Occupied
29.9%
Renter-Occupied
70%
30%
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: $695/mo

Market Indicators (Redfin)

Median Days on Market
184 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$0
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
27.8%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
70.1%

Complete Housing Data

Home Values

Census Median Value$73,000
Zillow Home Value (ZHVI)$96,906
Median Sale Price$61,528
Median List Price$87,500
Price Per Sq Ft$0

Rent

Census Median Rent$695
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 Market184
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$0

Ownership & Stock

Owner-Occupied70.1%
Renter-Occupied29.9%
Homeownership Rate70.1%
Total Housing Units397
Median Year Built1954
Rent Burden27.8%