Cass County, Illinois Housing Market

In Cass County, Illinois, the median home value is $97,100, with a median monthly rent of $723. This places Cass County at #2956 nationally out of 3134 counties by median home value, and #95 within Illinois.

Median Home Value $97,100
Median Rent $723/mo
Owner Occupancy 75.9%
Price/Rent Ratio 11.2

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Cass County rose +9.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,814
jobs (private sector)
  • Avg weekly wage: $1,106
  • Establishments: 233
  • BLS QCEW, 2025
🏗️

Housing Supply

2
new units authorized (2025)
  • Single-family: 0
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+214
net migration (filers, 2021-2022)
  • Inflow: 5,264 (avg $62,244)
  • Outflow: 5,050 (avg $63,768)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Cass County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 62612 215.6 +21.58% 2025
2 62675 207.5 +5.87% 2025
3 62618 204.2 — 2024

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Cass County Compares

MetricCass CountyIllinois AverageU.S. Average
Median Home Value $97,100 $153,019 $227,706
Median Gross Rent $723 $867 $968
Owner Occupancy Rate 75.9% 75.8% 73.3%
Price/Rent Ratio 11.2 14.5 18.7

Market Analysis

The median home value in Cass County is 36.5% below the Illinois state average and 57.4% below the U.S. national average. The median rent of $723/month is 16.6% below the state average.

With a price-to-rent ratio of 11.2, buying a home in Cass County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Cass County has an owner-occupancy rate of 75.9%, compared to 75.8% in Illinois and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
McMullen County Texas $97,100 $758
Zapata County Texas $97,100 $617
Vermilion County Illinois $97,200 $838
Barber County Kansas $97,000 $830
Pemiscot County Missouri $97,000 $695

Other Counties in Illinois

CountyMedian Home ValueMedian RentOwner Occ.
Vermilion County $97,200 $838 70.2%
Edgar County $97,300 $775 72.7%
Clay County $97,400 $735 79.3%
Scott County $96,400 $689 79.0%
Greene County $95,200 $754 78.2%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).