Location: Wabash County, IL | Metro: Edwards County, IL
| Unit Size | Monthly FMR |
|---|---|
| Studio | $680 |
| 1 Bedroom | $750 |
| 2 Bedrooms | $980 |
| 3 Bedrooms | $1,190 |
| 4 Bedrooms | $1,300 |
| 5 Bedrooms | $1,508 |
| 6 Bedrooms | $1,689 |
| 7 Bedrooms | $1,824 |
| 8 Bedrooms | $1,915 |
U.S. Census Bureau data (2024)
The market in ZIP code 62476 presents a dynamic scenario that is indicative of evolving housing pressures. With a Fair Market Rent (FMR) of $920 for the fiscal year 2026, it is clear that the rental market is being closely monitored by federal guidelines. However, the actual market rent as per the Census American Community Survey (ACS) stands at $833, suggesting that while there is an established benchmark, the current market conditions are slightly below this figure.
The median home value of $125,148 indicates a relatively affordable residential market, which can attract both buyers and renters. The fact that the price-cut share and days on market (DOM) are not available points to either a stable market where properties sell without significant adjustments or a lack of sufficient recent transactions to provide meaningful data.
A noteworthy statistic is the 15.2% renter share, which reflects a moderate level of租房压力。这表明该地区的长期住房需求是稳定的，但并不强烈。租户比例不高可能意味着许多居民倾向于购买房产而非租赁。然而，随着市场的变化，这一比例可能会对未来的房价和租金产生影响。
从公平市场租金（FMR）为$920与实际市场租金$833之间的差距可以看出，供应可能略高于需求。但是，这种推断需要谨慎，因为没有连续的数据来支持这一点。尽管如此，这个差异可能表明房东愿意以低于联邦指导的价格出租房屋，以便更快地找到租户。
总之，ZIP代码62476的市场显示出一种平衡状态，其中价格适中的住宅物业吸引了潜在买家和租户。虽然目前的租户比例较低，但这是一个值得关注的关键指标，因为它可以揭示有关未来住房趋势的重要信息。
请注意，上述回答中的一些中文句子被错误地翻译了回去，应该全部使用英文表述。以下是修正后的版本：The market in ZIP code 62476 presents a dynamic scenario that is indicative of evolving housing pressures. With a Fair Market Rent (FMR) of $920 for the fiscal year 2026, it is clear that the rental market is being closely monitored by federal guidelines. However, the actual market rent as per the Census American Community Survey (ACS) stands at $833, suggesting that while there is an established benchmark, the current market conditions are slightly below this figure.
The median home value of $125,148 indicates a relatively affordable residential market, which can attract both buyers and renters. The fact that the price-cut share and days on market (DOM) are not available points to either a stable market where properties sell without significant adjustments or a lack of sufficient recent transactions to provide meaningful data.
A noteworthy statistic is the 15.2% renter share, which reflects a moderate level of housing pressure. This suggests that the long-term housing demand is stable but not intense. A lower tenant ratio might indicate that many residents prefer to buy homes rather than rent. However, as the market evolves, this ratio could have implications for future housing prices and rents.
In summary, the market in ZIP code 62476 shows a balanced state, where moderately priced residential properties attract both potential buyers and renters. While the current tenant ratio is low, it is a key indicator to watch, as it can reveal important insights into future housing trends.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.