Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$120,686+5.3% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 18% have cut their price
Income needed to buy, per year$26,162About 0.4× the local median income ($65,396): affordable for a typical household
Days on market57 daysFaster than a year ago: sellers have the edge
The typical home in Pike County, IL is worth $120,686, up 5.3% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $120,439, so the area is 0.2% overvalued. It is a balanced market, leaning toward sellers: homes take about 57 days to sell, listings are down 9% from a year ago, 18% of listings have had a price cut. A household needs about $26,162 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 $65,396. In the latest IRS figures, 15 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
$120,686
Change in 1 year
+5.3%
Overvalued %
+0.2%
Show 6 more
Fair home value
$120,439
Change in 5 years
+34.4%
Home value to income
1.8×
Monthly mortgage payment (20% down)
$654
Income needed to afford it
$26,162
Property tax rate
1.53%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$930
Market activity
Listings vs a year ago
−8.7%
Days on market
57
Listings with a price cut
17.6%
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Homes for sale
42
Pending sales per 100 listings
19
Asking price per sq ft
$73
People and jobs
Median household income
$65,396
Population change (1 year)
−0.4%
Unemployment rate
3.9%
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Population
14,231
Income adjusted for cost of living
$74,824
Net moves in (IRS)
−15
Cost of living (US = 100)
87.4
Schools, risk and environment
School rating (1 to 10)
4.4
FEMA hazard risk score (0 to 100)
30.3
Flood risk score
33.7
Show 3 more
Wildfire risk score
1.0
Walkability (1 to 20)
5.6
Road, rail and air noise
53 dB
Questions people ask
Is Pike County, IL overvalued?
Home prices in Pike County, IL are slightly above what local incomes have historically supported: fair value is about $120,439, so the area is 0.2% overvalued.
Is Pike County, IL a buyer's or seller's market?
Pike County, IL is a balanced market, leaning toward sellers: homes take about 57 days to sell, listings are down 9% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Pike County, IL?
Home values in Pike County, IL are up 5.3% over the last year.
How much do you need to earn to buy a home in Pike County, IL?
A household needs about $26,162 a year to afford the typical home in Pike County, IL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $65,396.