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New Boston

CityThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Illinois
$210K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
2
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$126K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2021 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
201620202021
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
201620202021
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
201620202021
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
201620202021
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
201620202021
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
201620202021
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
201620202021
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
201720192021

Housing Stock

HomesHow many homes we have records for in this area.911
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$126K
Median sizeThe middle home size here, measured in square feet.1,120 ft²
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1990
Single familyThe share of homes here that are single-family houses.75%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.71%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.14%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.58%
Company ownedThe share of homes owned by a company or trust instead of a person.14%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.27%
Typical ownership tenureHow long the typical owner here has held their home.126.7 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.160
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.86
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.25

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.3.3%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.591
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.628 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$55K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$65K
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all citys nationally.

How New Boston compares

By median home value, New Boston is the 6th most expensive of 10 cities in Mercer County, and its typical home is worth more than 37% of all homes in Mercer County.

Home values in New Boston

Share of homes at each estimated value.

Median
$62K$184K
cities in Mercer County ranked by median home value
#Mercer CountyMedian valueHomes
1Matherville$237K271
2Sherrard$231K1,143
3Joy$144K440
4Aledo$138K2,314
5Seaton$136K210
6New Boston$126K911
7Keithsburg$121K452
8North Henderson$109K169
9Alexis$103K622
10Viola$103K690

About the New Boston market

What is the median home price in New Boston, IL?

The median sale price in New Boston, IL is $210,000 (data through July 2021), based on deeds recorded with the county.

How many homes sell in New Boston, IL each year?

2 homes sold in New Boston, IL over the last 12 months (data through July 2021). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in New Boston, IL?

New Boston, IL contains 911 residential properties, with a median of 1,120 square feet, built around 1990. The median TopHap Estimate is $126K.

How does New Boston, IL compare to the rest of Mercer County?

By median home value, New Boston, IL is the 6th most expensive of 10 cities in Mercer County. Its typical home is worth more than 37% of all homes in Mercer County. Seaton ranks just above it and Keithsburg just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in New Boston, IL?

58% of homes in New Boston, IL are owner-occupied. 14% are held by a company rather than an individual.

How much equity do owners in New Boston, IL hold?

71% of mortgaged homes in New Boston, IL are equity-rich, meaning the loan balance is under half the home's value. 14.3% owe more than the home is worth.

Nearby markets

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Explore New Boston on the map

See every recorded sale, price heat map, school zone and flood overlay across New Boston in TopHap’s interactive 3D map.

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