Watseka, IL · Market Data

Watseka, Illinois real estate market data.

Real estate market data for Watseka, IL (Iroquois County) — Census median home value $104,400, county listing prices up about 7.4% over the past year.

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Watseka, IL is in Iroquois County, Illinois — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,630, with a median household income of $42,794. Census data puts Watseka's median home value at $104,400.

At a glance

Watseka market snapshot

Population

4,630

Median Household Income

$42,794

Median Home Value (city)

$104,400

Median Gross Rent

$815/mo

Price Trend (YoY)

+7.4%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Watseka

What makes Watseka different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Watseka's median home value — across all owner-occupied homes, not just recent sales — at $104,400.

County Price Trend

Iroquois County's FHFA house price index shows a 7.38% annual change in 2025.

Population & Income

Watseka has an estimated population of 4,630 and a median household income of $42,794, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Watseka's Census-reported median home value works out to about 2.4x the area's median household income, and median gross rent runs roughly 23% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Watseka FAQ

What are home values like in Watseka, IL?

The Census Bureau's American Community Survey puts Watseka's median home value at $104,400.

What is the population of Watseka, IL?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Watseka's population at approximately 4,630.

What's the median rent in Watseka, IL?

The Census ACS estimates median gross rent in Watseka at approximately $815 per month.

What is the median household income in Watseka, IL?

Census ACS data puts the median household income in Watseka at approximately $42,794.

Is the Watseka housing market growing?

Iroquois County's FHFA house price index shows a 7.38% annual change in 2025.

Is Watseka, IL affordable relative to income?

Census ACS data puts Watseka's median home value at about 2.4 times the median household income, with median gross rent equal to roughly 23% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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