Henderson County, Illinois Housing Market
In Henderson County, Illinois, the median home value is $104,400, with a median monthly rent of $764. This places Henderson County at #2869 nationally out of 3134 counties by median home value, and #85 within Illinois.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,008
- Establishments: 108
- BLS QCEW, 2025
Housing Supply
- Single-family: 4
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,668 (avg $59,753)
- Outflow: 2,546 (avg $60,097)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Henderson County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 61462 | 162.8 | -2.56% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Henderson County Compares
| Metric | Henderson County | Illinois Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $104,400 | $153,019 | $227,706 |
| Median Gross Rent | $764 | $867 | $968 |
| Owner Occupancy Rate | 81.1% | 75.8% | 73.3% |
| Price/Rent Ratio | 11.4 | 14.5 | 18.7 |
Market Analysis
The median home value in Henderson County is 31.8% below the Illinois state average and 54.2% below the U.S. national average. The median rent of $764/month is 11.9% below the state average.
With a price-to-rent ratio of 11.4, buying a home in Henderson 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.
Henderson County has an owner-occupancy rate of 81.1%, 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 |
|---|---|---|---|
| Stark County | Illinois | $104,500 | $735 |
| Union County | Kentucky | $104,500 | $790 |
| Allen Parish | Louisiana | $104,500 | $775 |
| McKean County | Pennsylvania | $104,500 | $809 |
| Williamsburg County | South Carolina | $104,500 | $765 |
Other Counties in Illinois
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Stark County | $104,500 | $735 | 80.1% |
| Wabash County | $104,900 | $794 | 76.3% |
| Hardin County | $103,800 | $379 | 79.5% |
| Warren County | $105,000 | $788 | 75.2% |
| Mason County | $103,400 | $802 | 81.8% |
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).