Volo, IL

Full City Profile · Illinois · McHenry County County

4.9 /5.0
A+ Excellent
6,398 Population 1,553/sq mi density
$145,906 Median Income $52,735 per capita
$293,800 Home Value $377,524 Zillow
$2,229 Median Rent 16.7% income on rent
49°F Avg Temperature
A+
Overall
4.9 / 5.0
Strong
A+
Economy
4.9 / 5.0
$145,906 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$293,800 home value, $2,229/mo rent
A+
Education
4.7 / 5.0
46.6% bachelor's degree or higher

Housing Overview

Median Home Value
$293,800
4% above
US avg: $281,900
Median Rent
$2,229/mo
92% above
US avg: $1,163/mo
Homeownership Rate
81.3%
24% above US avg (65.4%)
Total Housing Units
2,226
Median year built: 2008

Home Value by Source

Census Median
$293,800
Zillow (ZHVI)
$377,524
Redfin Median Sale
$361,830
Median Sale Price
$361,830
Median List Price
$289,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

81.3%
Owner-Occupied
18.7%
Renter-Occupied
81%
19%
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: $2,229/mo · Zillow rent: $2,445/mo

Market Indicators (Redfin)

Median Sale Price
$361,830
Median Days on Market
128 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
6.3%
of listings with price reduction
Price Per Sq Ft
$183
Active Inventory
32
homes for sale

Affordability & Housing Stock

Rent Burden
16.7%
of renters spending 30%+ of income on housing
46% below US avg (31.0%)
Median Year Built
2008
Average age of housing stock: 18 years
Homeownership Rate
81.3%

Complete Housing Data

Home Values

Census Median Value$293,800
Zillow Home Value (ZHVI)$377,524
Redfin Median Sale$361,830
Median Sale Price$361,830
Median List Price$289,000
Price Per Sq Ft$183

Rent

Census Median Rent$2,229
Zillow Rent (ZORI)$2,445
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 Market128
Sale-to-List Ratio1.0%
Price Drops6.3%
Homes Sold11
Active Inventory32
Price Per Sq Ft$183

Ownership & Stock

Owner-Occupied81.3%
Renter-Occupied18.7%
Homeownership Rate81.3%
Total Housing Units2,226
Median Year Built2008
Rent Burden16.7%