Jasper County, Illinois Housing Market
In Jasper County, Illinois, the median home value is $125,500, with a median monthly rent of $793. This places Jasper County at #2541 nationally out of 3134 counties by median home value, and #65 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: $1,021
- Establishments: 221
- BLS QCEW, 2025
Housing Supply
- Single-family: 2
- Multi-family: 4
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 3,942 (avg $74,753)
- Outflow: 3,867 (avg $75,196)
- IRS Statistics of Income
🔗 Explore Jasper County on Our Sister Sites
Get the complete picture for Jasper County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Jasper County Compares
| Metric | Jasper County | Illinois Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $125,500 | $153,019 | $227,706 |
| Median Gross Rent | $793 | $867 | $968 |
| Owner Occupancy Rate | 85.2% | 75.8% | 73.3% |
| Price/Rent Ratio | 13.2 | 14.5 | 18.7 |
Market Analysis
The median home value in Jasper County is 18.0% below the Illinois state average and 44.9% below the U.S. national average. The median rent of $793/month is 8.5% below the state average.
With a price-to-rent ratio of 13.2, buying a home in Jasper 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.
Jasper County has an owner-occupancy rate of 85.2%, 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 |
|---|---|---|---|
| Oscoda County | Michigan | $125,500 | $681 |
| Livingston County | Kentucky | $125,600 | $926 |
| Cibola County | New Mexico | $125,400 | $759 |
| Childress County | Texas | $125,400 | $913 |
| Page County | Iowa | $125,300 | $705 |
Other Counties in Illinois
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Cumberland County | $126,000 | $772 | 84.2% |
| Jefferson County | $126,000 | $885 | 71.7% |
| Bureau County | $126,900 | $832 | 76.1% |
| Whiteside County | $127,100 | $856 | 76.9% |
| Macon County | $127,300 | $847 | 70.2% |
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).