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Sandoval

Learn about the people, housing, costs and businesses in Sandoval, Illinois

Median Home$74,400
Median Rent$810/month
Population1,005
Leading IndustriesFinance & Insurance · Information & Media · Retail12% finance & insurance
Home Value Growth⬆⬆+16.6% over 2 years
Young Adults24% of residents
Homeowners77% of occupied units
NotableAffordable Market$74k median home · lower cost than 98% of the country
Sandoval
IL

Frequently Asked Questions

What are today's mortgage rates in Sandoval?

As of today, the 30-year fixed mortgage rate for Sandoval is approximately 7.334% (7.351% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Sandoval?

The median home value in Sandoval is $74k. The median monthly rent is $810. Annual property taxes average $597. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sandoval?

Home values in Sandoval have increased 16.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Sandoval?

Based on a typical all-in ownership cost of $693/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sandoval is $53k/year.

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What industries drive the economy in Sandoval?

The largest employment sectors in Sandoval are public administration (22%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.