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Southern View

Learn about the people, housing, costs and businesses in Southern View, Illinois

Median Home$100,400
Median Rent$1,036/month
Population1,617
Leading IndustriesManufacturing · Professional Services1% manufacturing
Home Value Growth+10.4% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners58% of occupied units
NotableAmenity Score87/100 · highly walkable area
Southern View
IL

Frequently Asked Questions

What are today's mortgage rates in Southern View?

As of today, the 30-year fixed mortgage rate for Southern View is approximately 7.615% (7.638% 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 Southern View?

The median home value in Southern View is $100k. The median monthly rent is $1,036. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Southern View?

Home values in Southern View have increased 10.4% 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 Southern View?

Based on a typical all-in ownership cost of $898/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Southern View is $62k/year.

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What industries drive the economy in Southern View?

The largest employment sectors in Southern View are public administration (17%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.