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Housing in Looking Glass

A typical Looking Glass home is worth roughly $262,000

Home prices around Looking Glass have risen about 57% over the past 5 years.

Typical home value
$262K
▲ 7.7% in a year · IL $298K
Estimate
2-bedroom rent
$1,280
a month, utilities in · HUD
Median tax bill
$3,862
IL $5,298

What kind of housing town is Looking Glass?

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

★ What stands out · Price trend

Home prices up 57% in 5 years

The federal house price index for the ZIP codes around Looking Glass rose 57% over the past 5 years, faster than across Illinois (47%). Last year prices rose 7.7%. Carrying the Census median home value forward with that index puts the typical Looking Glass home at roughly $262,000 today.

Looking Glass areaIllinois
0%+50%+100%+150%+200%200020052010201520202025
+7.7%
past year
+57%
past 5 years
+67%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $262K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Looking Glass, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

A typical home costs 2.8 years of income

Less than across Illinois (3.6 years). Try your own numbers below.

You could afford about
$312,000
Typical Looking Glass home $262K

That covers a typical Looking Glass home, with $50K to spare.

The typical home, each month
$1,800
Loan $1,300Tax $430Insurance $80

A two-bedroom rents for about $1,280 a month here, $520 less than owning.

How Looking Glass ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Looking Glass’s typical property tax (1.96% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,280

Renters already here pay a median of $1,119, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,000
1 bedroom$1,050
2 bedrooms$1,280
3 bedrooms$1,660
4 bedrooms$1,910
27%
of households rent · IL 33%
675
renter households
39%
of renters spend 30%+ of income on rent · IL 48%
17%
of the median income, for a two-bedroom
$1,119
median rent paid today · Census

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

The homes

73% of Looking Glass households own their home

Half of Looking Glass’s homes were built before 1978.

Owners and renters
Own 73%Rent 27%

Illinois: 67% own.

1978
typical home built · IL 1971
$3,862
median property tax bill · IL $5,298
1.96%
of a home’s value, a year in tax · IL 2.01%
1%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Looking Glass vs. its neighbors

Looking Glass is the 3rd least expensive of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Looking Glass$262K*+7.7%†$1,280$92,163
Germantown$255K+8.3%$1,030$96,806
Sugar Creek$236K*−3.6%†$1,050$102,723
Mascoutah$269K+2.4%$1,300$98,125
Engelmann$346K*+2.8%†$1,310$143,333

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.

Neighbors talk housing

What Looking Glass buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Looking Glass 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. Price trend: Federal Housing Finance Agency House Price Index. 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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