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Housing in Anchor

A typical Anchor home is worth roughly $103,000

Typical home value
$103K
IL $298K
Estimate
2-bedroom rent
$1,300
a month, utilities in · HUD
Median tax bill
$2,325
IL $5,298

What kind of housing town is Anchor?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Anchor

Try your own numbers below.

You could afford about
$280,000
Typical Anchor home $103K

That covers a typical Anchor home, with $177K to spare.

The typical home, each month
$710
Loan $510Tax $170Insurance $30

A two-bedroom rents for about $1,300 a month here, $590 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Illinois typical property tax (2.01% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

86% of Anchor households own their home

Half of Anchor’s homes were built before 1953.

Owners and renters
Own 86%Rent 14%

Illinois: 67% own.

1953
typical home built · IL 1971
$2,325
median property tax bill · IL $5,298
5%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,300

Fair Market Rent a month, utilities included

Studio$940
1 bedroom$1,000
2 bedrooms$1,300
3 bedrooms$1,720
4 bedrooms$1,730
14%
of households rent · IL 33%
5
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Bloomington, IL MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Anchor vs. its neighbors

Anchor is the least expensive of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Anchor$103K*—$1,300$72,596
Martin$146K*—$1,110$81,250
Cheney's Grove$110K*—$1,150$63,409

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

On the market in Anchor

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Anchor buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Anchor still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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