Edgar County, Illinois Housing Market
In Edgar County, Illinois, the median home value is $97,300, with a median monthly rent of $775. This places Edgar County at #2954 nationally out of 3134 counties by median home value, and #93 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: $1,104
- Establishments: 298
- BLS QCEW, 2025
Housing Supply
- Single-family: 3
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 6,791 (avg $65,467)
- Outflow: 6,509 (avg $66,504)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Edgar County Compares
| Metric | Edgar County | Illinois Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $97,300 | $153,019 | $227,706 |
| Median Gross Rent | $775 | $867 | $968 |
| Owner Occupancy Rate | 72.7% | 75.8% | 73.3% |
| Price/Rent Ratio | 10.5 | 14.5 | 18.7 |
Market Analysis
The median home value in Edgar County is 36.4% below the Illinois state average and 57.3% below the U.S. national average. The median rent of $775/month is 10.6% below the state average.
With a price-to-rent ratio of 10.5, buying a home in Edgar 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.
Edgar County has an owner-occupancy rate of 72.7%, compared to 75.8% in Illinois and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Dallas County | Arkansas | $97,300 | $627 |
| Macon County | Georgia | $97,300 | $655 |
| Turner County | Georgia | $97,300 | $679 |
| Clay County | Illinois | $97,400 | $735 |
| Vermilion County | Illinois | $97,200 | $838 |
Other Counties in Illinois
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Clay County | $97,400 | $735 | 79.3% |
| Vermilion County | $97,200 | $838 | 70.2% |
| Cass County | $97,100 | $723 | 75.9% |
| Scott County | $96,400 | $689 | 79.0% |
| Lawrence County | $99,100 | $836 | 71.8% |
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).