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Featured local agent — Illiopolis, IL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Illiopolis, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Illiopolis, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Illiopolis, IL Housing Market & Real Estate

Balanced market+97.3% YoY

Housing market overview · Updated monthly ·

$177,400median sale price

How is the Illiopolis, IL housing market right now?

The median home sale price in Illiopolis, IL is $177,400, up 97.3% year-over-year. Homes sell in an average of 10 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Illiopolis a buyer's or seller's market?

Balanced market10 avg. days on market

Illiopolis, IL is currently a balanced market and homes selling in about 10 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

10

Fast-moving

Active listings

Sale-to-list

100.0%

Above asking

What does the Illiopolis housing market data show?

Current housing market statistics for Illiopolis, IL
MetricValue
Median sale price$177,400
Year-over-year price change+97.3%
Average days on market10 days
Sale-to-list price ratio100.0%
Median price per sq ft$84/sq ft
Homes sold (latest month)2
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Illiopolis by property type?

How the Illiopolis, IL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Illiopolis, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$224,900$92/sq ft116 days

Source: Redfin · Updated monthly

The Illiopolis housing market is currently classified as a balanced market with a median sale price of $177,400. Prices have risen 97.3% compared to last year, with homes spending an average of 10 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 1.9x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Illiopolis

Explore homes currently listed for sale in Illiopolis, Illinois across major real estate platforms.

Sale-to-list:100.0%

Who lives in Illiopolis?

Population

854

Median income

$74,219/yr

Median age

45.5 years

Owner-occupied

80.1%

College grads

18.4%

Avg commute

23.9 min

Source: U.S. Census Bureau ACS

What are homes worth in Illiopolis?

Zillow home value

$139,773

Price-to-income

1.9x

Source: Zillow Research

What is it like to live in Illiopolis?

Illiopolis is a community of approximately 1K residents with a median age of 45.5 years.The median household income is $74,219, which represents a working-class community with solid middle-income opportunities. 18.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 80.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Illiopolis offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Illiopolis?

2 schools tracked · 263 students

The largest public schools serving Illiopolis, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Sangamon Valley Middle School

Grades 6-8 · 136 students

Public

Sangamon Valley Intermediate Sch

Grades 3-5 · 127 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Illiopolis, IL?

Want a head-to-head view? Compare Illiopolis side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Illiopolis?

The median home sale price in Illiopolis is $177,400, up 97.3% from last year.

How long do homes stay on market in Illiopolis?

Homes typically spend 10 days on market before going under contract.

What is the median income in Illiopolis?

The median household income is $74,219 per year.

What is the Zillow home value estimate for Illiopolis?

The Zillow Home Value Index (ZHVI) for Illiopolis is $139,773, representing the typical home value in the area.

How much does a single-family home cost in Illiopolis?

The median single-family home price in Illiopolis, IL is $224,900 (about $92 per square foot).

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