Housing & Real Estate — Waterman, Illinois
Overview
| Total Housing Units | 508 |
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| Occupied | 481 |
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| Vacant | 27 |
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| Owner-Occupied | 414 |
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| Renter-Occupied | 67 |
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| Median Home Value (Census) | $217,300 |
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| Estimated 2026 | ~$228,000 |
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| Median Rent | $897/mo |
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| Median Property Tax | $4,598/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | affordable |
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| Rent as % of Income | 10.7% |
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| Severely Rent-Burdened | 21.2% |
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Housing Age
| Built 2010 or later | 7 |
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| Built 2000-2009 | 104 |
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| Built 1990-1999 | 60 |
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| Built before 1960 | 206 |
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| Median Year Built | 1971 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
