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Sangamon County, IL housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$200,144+7.5% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$43,387About 0.5× the local median income ($78,931): affordable for a typical household
Days on market36 daysAbout the same pace as a year ago
Next 12 months+5.1%Zillow expects prices to rise strongly

The typical home in Sangamon County, IL is worth $200,144, up 7.5% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $196,450, so the area is 1.9% overvalued. It is a balanced market: homes take about 36 days to sell, listings are up 41% from a year ago, 20% of listings have had a price cut. Zillow expects prices to rise about 5.1% over the next year. A household needs about $43,387 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 $78,931. Typical rent is $1,220 a month, or $1,549 for a house. In the latest IRS figures, 635 more people moved out than in.

Home value over time

$0K$50K$100K$150K19801990200020102020
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$200,144
Change in 1 year+7.5%
Overvalued %+1.9%
Show 7 more
Fair home value$196,450
Change in 5 years+32.7%
Zillow forecast, next 12 months+5.1%
Home value to income2.5×
Monthly mortgage payment (20% down)$1,085
Income needed to afford it$43,387
Property tax rate1.99%

Rent and investing

Typical rent$1,220
Typical rent for houses$1,549
Price-to-rent ratio13.7×
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HUD Fair Market Rent, 2 bedrooms$1,237
Gross rental yield7.32%
Cap rate (estimate)4.76%

Market activity

Listings vs a year ago+41.1%
Days on market36
Listings with a price cut20.3%
Show 3 more
Homes for sale333
Pending sales per 100 listings67
Asking price per sq ft$125

People and jobs

Median household income$78,931
Population change (1 year)+0.1%
Unemployment rate5.4%
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Population194,170
Income adjusted for cost of living$85,147
Net moves in (IRS)−635
Cost of living (US = 100)92.7

Schools, risk and environment

School rating (1 to 10)5.4
FEMA hazard risk score (0 to 100)91.7
Unhealthy air days a year3
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Flood risk score91.2
Wildfire risk score18.8
Walkability (1 to 20)10.2
Road, rail and air noise53 dB

Questions people ask

Is Sangamon County, IL overvalued?
Home prices in Sangamon County, IL are slightly above what local incomes have historically supported: fair value is about $196,450, so the area is 1.9% overvalued.
Is Sangamon County, IL a buyer's or seller's market?
Sangamon County, IL is a balanced market: homes take about 36 days to sell, listings are up 41% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Sangamon County, IL?
Home values in Sangamon County, IL are up 7.5% over the last year. Zillow's forecast for the next 12 months is +5.1%.
How much do you need to earn to buy a home in Sangamon County, IL?
A household needs about $43,387 a year to afford the typical home in Sangamon County, IL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,931.

Nearby and similar counties

ZIP codes in Sangamon County (open on the map)

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