Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$211,111+8.9% YoY · prices are rising fast
Market right nowSeller's marketMore homes for sale than last year, 17% have cut their price
Income needed to buy, per year$45,764About 0.7× the local median income ($67,363): affordable for a typical household
Days on market38 daysAbout the same pace as a year ago
Next 12 months+5.1%Zillow expects prices to rise strongly
The typical home in Winnebago County, IL is worth $211,111, up 8.9% from a year ago. That is well above what local incomes have historically supported: fair value is about $157,129, so the area is 34.4% overvalued. It is a seller's market: homes take about 38 days to sell, listings are up 9% from a year ago, 17% of listings have had a price cut. Zillow expects prices to rise about 5.1% over the next year. A household needs about $45,764 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 $67,363. Typical rent is $1,293 a month, or $1,644 for a house. In the latest IRS figures, 393 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
$211,111
Change in 1 year
+8.9%
Overvalued %
+34.4%
Show 7 more
Fair home value
$157,129
Change in 5 years
+55.4%
Zillow forecast, next 12 months
+5.1%
Home value to income
3.1×
Monthly mortgage payment (20% down)
$1,144
Income needed to afford it
$45,764
Property tax rate
2.39%
Rent and investing
Typical rent
$1,293
Typical rent for houses
$1,644
Price-to-rent ratio
13.6×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,172
Gross rental yield
7.35%
Cap rate (estimate)
4.78%
Market activity
Listings vs a year ago
+9.0%
Days on market
38
Listings with a price cut
16.8%
Show 3 more
Homes for sale
388
Pending sales per 100 listings
92
Asking price per sq ft
$137
People and jobs
Median household income
$67,363
Population change (1 year)
+0.3%
Unemployment rate
7.3%
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Population
283,674
Income adjusted for cost of living
$73,062
Net moves in (IRS)
−393
Cost of living (US = 100)
92.2
Schools, risk and environment
School rating (1 to 10)
4.4
FEMA hazard risk score (0 to 100)
92.4
Unhealthy air days a year
6
Show 4 more
Flood risk score
94.4
Wildfire risk score
32.7
Walkability (1 to 20)
7.0
Road, rail and air noise
54 dB
Questions people ask
Is Winnebago County, IL overvalued?
Home prices in Winnebago County, IL are well above what local incomes have historically supported: fair value is about $157,129, so the area is 34.4% overvalued.
Is Winnebago County, IL a buyer's or seller's market?
Winnebago County, IL is a seller's market: homes take about 38 days to sell, listings are up 9% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Winnebago County, IL?
Home values in Winnebago County, IL are up 8.9% 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 Winnebago County, IL?
A household needs about $45,764 a year to afford the typical home in Winnebago County, IL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,363.