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Timberlane, IL

Full City Profile · Illinois · Boone County County

3.7 /5.0
B+ Good
1,291 Population 738/sq mi density
$194,286 Median Income $65,157 per capita
$349,700 Home Value $428,437 Zillow
48°F Avg Temperature 260 sunny days/yr
309 Violent Crime/100K 2,789 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$194,286 median income, 11.1% unemployment
A+
Affordability
5.0 / 5.0
$349,700 home value, /mo rent
F
Safety
1.0 / 5.0
309 violent crimes/100K
A+
Education
4.9 / 5.0
49.0% bachelor's degree or higher

Housing Overview

Median Home Value
$349,700
24% above
US avg: $281,900
Homeownership Rate
99.0%
51% above US avg (65.4%)
Total Housing Units
444
Median year built: 2003

Home Value by Source

Census Median
$349,700
Zillow (ZHVI)
$428,437
Median Sale Price
$505,000
Median List Price
$307,800
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

99.0%
Owner-Occupied
1.0%
Renter-Occupied
99%
1%
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 Days on Market
22 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
$127
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
28.6%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
2003
Average age of housing stock: 23 years
Homeownership Rate
99.0%

Complete Housing Data

Home Values

Census Median Value$349,700
Zillow Home Value (ZHVI)$428,437
Median Sale Price$505,000
Median List Price$307,800
Price Per Sq Ft$127

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 Market22
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$127

Ownership & Stock

Owner-Occupied99.0%
Renter-Occupied1.0%
Homeownership Rate99.0%
Total Housing Units444
Median Year Built2003
Rent Burden28.6%