Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$137,029+4.3% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 14% have cut their price
Income needed to buy, per year$29,705About 0.5× the local median income ($64,798): affordable for a typical household
Days on market61 daysFaster than a year ago: sellers have the edge
The typical home in Wabash County, IL is worth $137,029, up 4.3% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $145,716, so the area is 6.0% undervalued. It is a balanced market, leaning toward sellers: homes take about 61 days to sell, listings are up 53% from a year ago, 14% of listings have had a price cut. A household needs about $29,705 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 $64,798. In the latest IRS figures, 24 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
$137,029
Change in 1 year
+4.3%
Overvalued %
−6.0%
Show 6 more
Fair home value
$145,716
Change in 5 years
+9.8%
Home value to income
2.1×
Monthly mortgage payment (20% down)
$743
Income needed to afford it
$29,705
Property tax rate
1.41%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$992
Market activity
Listings vs a year ago
+53.3%
Days on market
61
Listings with a price cut
14.0%
Show 3 more
Homes for sale
23
Pending sales per 100 listings
61
Asking price per sq ft
$95
People and jobs
Median household income
$64,798
Population change (1 year)
−1.1%
Unemployment rate
4.4%
Show 4 more
Population
10,907
Income adjusted for cost of living
$74,140
Net moves in (IRS)
+24
Cost of living (US = 100)
87.4
Schools, risk and environment
School rating (1 to 10)
5.5
FEMA hazard risk score (0 to 100)
24.8
Flood risk score
25.8
Show 3 more
Wildfire risk score
0.4
Walkability (1 to 20)
6.5
Road, rail and air noise
52 dB
Questions people ask
Is Wabash County, IL overvalued?
Home prices in Wabash County, IL are slightly below what local incomes have historically supported: fair value is about $145,716, so the area is 6.0% undervalued.
Is Wabash County, IL a buyer's or seller's market?
Wabash County, IL is a balanced market, leaning toward sellers: homes take about 61 days to sell, listings are up 53% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Wabash County, IL?
Home values in Wabash County, IL are up 4.3% over the last year.
How much do you need to earn to buy a home in Wabash County, IL?
A household needs about $29,705 a year to afford the typical home in Wabash County, IL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,798.