Clark County, Illinois Housing Market
In Clark County, Illinois, the median home value is $132,400, with a median monthly rent of $861. This places Clark County at #2463 nationally out of 3134 counties by median home value, and #54 within Illinois.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $925
- Establishments: 304
- BLS QCEW, 2025
Housing Supply
- Single-family: 5
- Multi-family: 4
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 6,297 (avg $69,655)
- Outflow: 6,005 (avg $70,237)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Clark County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 62420 | 207.9 | +5.26% | 2025 |
| 2 | 61944 | 168.0 | -2.67% | 2025 |
| 3 | 62441 | 194.1 | +2.69% | 2025 |
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.
🔗 Explore Clark County on Our Sister Sites
Get the complete picture for Clark County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Clark County Compares
| Metric | Clark County | Illinois Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $132,400 | $153,019 | $227,706 |
| Median Gross Rent | $861 | $867 | $968 |
| Owner Occupancy Rate | 80.3% | 75.8% | 73.3% |
| Price/Rent Ratio | 12.8 | 14.5 | 18.7 |
Market Analysis
The median home value in Clark County is 13.5% below the Illinois state average and 41.9% below the U.S. national average. The median rent of $861/month is 0.7% below the state average.
With a price-to-rent ratio of 12.8, buying a home in Clark 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.
Clark County has an owner-occupancy rate of 80.3%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Reno County | Kansas | $132,500 | $863 |
| Pushmataha County | Oklahoma | $132,300 | $667 |
| Crawford County | Kansas | $132,600 | $849 |
| Grenada County | Mississippi | $132,200 | $807 |
| Walsh County | North Dakota | $132,700 | $748 |
Other Counties in Illinois
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Union County | $131,700 | $648 | 77.4% |
| Morgan County | $130,800 | $722 | 72.8% |
| Moultrie County | $134,000 | $804 | 76.0% |
| Fayette County | $130,700 | $798 | 80.6% |
| Logan County | $134,400 | $829 | 68.5% |
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).