Loda, Illinois.
Typical home $258,092 (+8.2% in a year).
to buy the typical home at today's mortgage rate — +$749 (+124%) since Jan 2020.
- 1 year
- Up $19,585 +8%
- $238,506$258,092 since Sep 2025
- 5 years
- Up $71,972 +39%
- $186,119$258,092 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Loda$1,355
- Illinois$1,553
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Loda, IL rose 8.2% over the past year — faster than the nation's +1.2%.
Living in Loda, Iroquois County, Illinois
Loda is a village of 356 people in Iroquois County. 95% of its homes are lived in by their owners and 5% are rented. Unemployment in Iroquois County was 3.9% in August 2026, and the county had 4.8% fewer jobs in 2025 than the year before. The most people in Iroquois County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Loda is a very small village, one of the smallest places most people would think of as a town, and nearly every home is lived in by the people who own it. Typical home values are on the modest side. Few adults hold a four-year degree, and household incomes across Iroquois County sit a little below what many other parts of the country see. Winters are cold, with January the coldest month and a fair amount of snow, while July brings warm days, and rain and melted snow fall steadily through the year.
Work. Residents work mostly in schools, hospitals and social care, with others in manufacturing, retail and the building trades. A small number work from home. Across Iroquois County, Walmart, Prairieview Lutheran Homes and the Central school district are among the largest workplaces. Unemployment across the county is lower than it was a year ago, though the county has fewer jobs than it did the year before.
Things to do. Water is close at hand: Bayles Lake, a reservoir, and Lake Iroquois both lie in or beside town. A longer drive away are Kennekuk Cove County Park, a protected area good for walking, and the Krannert Art Museum, for a day among paintings and sculpture. Gies Memorial Stadium is also a longer drive away for those who like to see a game.
Report a mistake
- 16%of adults have a degree
- 8%work from home
What people in Iroquois County work in
Employed residents by industry, from the Census survey. Iroquois County had 7,015 jobs in 2025, 4.8% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 32° and lows near 15°; warmest in July, with highs near 84° and lows near 62°. About 18 inches of snow and 38 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Paxton Wsw weather station, 5 miles away (NOAA).
Largest workplaces in Iroquois County
- WalmartWarehouse clubs and supercenters222
- Prairieview Lutheran HomesSkilled nursing facilities213
- Central CUSD 4School district187FTE
- Iroquois West CUSD 10School district166FTE
- Nexus Onarga Family HealingMental health facilities, residential164
- T&D Metal ProductsCold rolling steel shapes made from purchased steel161
- Iroquois Memorial HospitalCritical access hospital151FTE
- LyonShowcases manufacturing142
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 19 workplaces with 20 or more staff, 1,886 people in all across the county; Loda has none of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesVery high
- Inland floodingRelatively high
- Strong windRelatively high
- TornadoesRelatively high
- HailRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Loda’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Iroquois County.
Loda home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Loda$258,092
- Illinois$295,943
- United States$366,157
Sellers are cutting prices on about 1 in 4 Loda listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Loda18
Zip codes with a Loda address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Loda — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.