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Housing in Raymond

A typical Raymond home is worth roughly $108,000

Typical home value
$108K
IL $298K
Estimate
2-bedroom rent
$1,060
a month, utilities in · HUD
Median tax bill
$2,029
IL $5,298

What kind of housing town is Raymond?

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

★ What stands out · Affordability

A typical home costs 1.6 years of income

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

You could afford about
$230,000
Typical Raymond home $108K

That covers a typical Raymond home, with $121K to spare.

The typical home, each month
$740
Loan $540Tax $170Insurance $30

A two-bedroom rents for about $1,060 a month here, $320 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Raymond’s typical property tax (1.88% 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 $1,060

Renters already here pay a median of $924, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$780
1 bedroom$810
2 bedrooms$1,060
3 bedrooms$1,270
4 bedrooms$1,460
23%
of households rent · IL 33%
86
renter households
51%
of renters spend 30%+ of income on rent · IL 48%
19%
of the median income, for a two-bedroom
$924
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Macoupin County, 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

77% of Raymond households own their home

Half of Raymond’s homes were built before 1964.

Owners and renters
Own 77%Rent 23%

Illinois: 67% own.

1964
typical home built · IL 1971
$2,029
median property tax bill · IL $5,298
1.88%
of a home’s value, a year in tax · IL 2.01%

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

On the market in Raymond

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

Neighbors talk housing

What Raymond buyers, sellers and renters are saying.

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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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