Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$159,371+0.4% YoY · prices are flat
Market right nowBalanced, leaning buyersMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$34,548About 0.5× the local median income ($70,408): affordable for a typical household
Days on market64 daysAbout the same pace as a year ago
The typical home in Iroquois County, IL is worth $159,371, about the same as a year ago. That is slightly below what local incomes have historically supported: fair value is about $166,788, so the area is 4.4% undervalued. It is a balanced market, leaning toward buyers: homes take about 64 days to sell, listings are up 14% from a year ago, 18% of listings have had a price cut. A household needs about $34,548 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 $70,408. Typical rent is $1,100 a month. In the latest IRS figures, 134 more people moved out than in.
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
$159,371
Change in 1 year
+0.4%
Overvalued %
−4.4%
Show 6 more
Fair home value
$166,788
Change in 5 years
+16.7%
Home value to income
2.3×
Monthly mortgage payment (20% down)
$864
Income needed to afford it
$34,548
Property tax rate
1.82%
Rent and investing
Typical rent
$1,100
Price-to-rent ratio
12.1×
HUD Fair Market Rent, 2 bedrooms
$930
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Gross rental yield
8.28%
Cap rate (estimate)
5.38%
Market activity
Listings vs a year ago
+14.4%
Days on market
64
Listings with a price cut
18.2%
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Homes for sale
103
Pending sales per 100 listings
25
Asking price per sq ft
$109
People and jobs
Median household income
$70,408
Population change (1 year)
−0.3%
Unemployment rate
4.5%
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Population
26,150
Income adjusted for cost of living
$80,558
Net moves in (IRS)
−134
Cost of living (US = 100)
87.4
Schools, risk and environment
School rating (1 to 10)
6.0
FEMA hazard risk score (0 to 100)
74.0
Flood risk score
79.6
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Wildfire risk score
3.5
Walkability (1 to 20)
5.9
Road, rail and air noise
52 dB
Questions people ask
Is Iroquois County, IL overvalued?
Home prices in Iroquois County, IL are slightly below what local incomes have historically supported: fair value is about $166,788, so the area is 4.4% undervalued.
Is Iroquois County, IL a buyer's or seller's market?
Iroquois County, IL is a balanced market, leaning toward buyers: homes take about 64 days to sell, listings are up 14% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Iroquois County, IL?
Home values in Iroquois County, IL are up 0.4% over the last year.
How much do you need to earn to buy a home in Iroquois County, IL?
A household needs about $34,548 a year to afford the typical home in Iroquois County, IL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $70,408.