Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$218,457+3.5% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 16% have cut their price
Income needed to buy, per year$47,357About 0.6× the local median income ($81,668): affordable for a typical household
Days on market53 daysFaster than a year ago: sellers have the edge
The typical home in Effingham County, IL is worth $218,457, up 3.5% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $223,625, so the area is 2.3% undervalued. It is a balanced market, leaning toward buyers: homes take about 53 days to sell, listings are up 5% from a year ago, 16% of listings have had a price cut. A household needs about $47,357 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $81,668. In the latest IRS figures, 42 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$218,457
Change in 1 year
+3.5%
Overvalued %
−2.3%
Show 6 more
Fair home value
$223,625
Change in 5 years
+25.2%
Home value to income
2.7×
Monthly mortgage payment (20% down)
$1,184
Income needed to afford it
$47,357
Property tax rate
1.49%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$930
Market activity
Listings vs a year ago
+5.2%
Days on market
53
Listings with a price cut
16.5%
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Homes for sale
61
Pending sales per 100 listings
21
Asking price per sq ft
$140
People and jobs
Median household income
$81,668
Population change (1 year)
−0.1%
Unemployment rate
2.1%
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Population
34,519
Income adjusted for cost of living
$93,442
Net moves in (IRS)
+42
Cost of living (US = 100)
87.4
Schools, risk and environment
School rating (1 to 10)
7.4
FEMA hazard risk score (0 to 100)
53.8
Unhealthy air days a year
0
Show 4 more
Flood risk score
49.2
Wildfire risk score
10.9
Walkability (1 to 20)
6.6
Road, rail and air noise
53 dB
Questions people ask
Is Effingham County, IL overvalued?
Home prices in Effingham County, IL are slightly below what local incomes have historically supported: fair value is about $223,625, so the area is 2.3% undervalued.
Is Effingham County, IL a buyer's or seller's market?
Effingham County, IL is a balanced market, leaning toward buyers: homes take about 53 days to sell, listings are up 5% from a year ago, 16% of listings have had a price cut.
Are home prices going down in Effingham County, IL?
Home values in Effingham County, IL are up 3.5% over the last year.
How much do you need to earn to buy a home in Effingham County, IL?
A household needs about $47,357 a year to afford the typical home in Effingham County, IL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $81,668.