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Willow Lake, IL

Full City Profile · Illinois · Stephenson County County

3.5 /5.0
B+ Good
838 Population 307/sq mi density
$93,750 Median Income $50,571 per capita
$154,100 Home Value $120,745 Zillow
48°F Avg Temperature 260 sunny days/yr
193 Violent Crime/100K 2,563 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$93,750 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$154,100 home value, /mo rent
F
Safety
1.0 / 5.0
193 violent crimes/100K
C+
Education
2.9 / 5.0
24.2% bachelor's degree or higher

Housing Overview

Median Home Value
$154,100
45% below
US avg: $281,900
Homeownership Rate
94.7%
45% above US avg (65.4%)
Total Housing Units
401
Median year built: 1974

Home Value by Source

Census Median
$154,100
Zillow (ZHVI)
$120,745
Median Sale Price
$255,100
Median List Price
$239,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

94.7%
Owner-Occupied
5.3%
Renter-Occupied
95%
5%
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
57 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$124
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
29.2%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
94.7%

Complete Housing Data

Home Values

Census Median Value$154,100
Zillow Home Value (ZHVI)$120,745
Median Sale Price$255,100
Median List Price$239,900
Price Per Sq Ft$124

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 Market57
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold2
Active Inventory2
Price Per Sq Ft$124

Ownership & Stock

Owner-Occupied94.7%
Renter-Occupied5.3%
Homeownership Rate94.7%
Total Housing Units401
Median Year Built1974
Rent Burden29.2%