Jefferson County, Illinois Housing Market
In Jefferson County, Illinois, the median home value is $126,000, with a median monthly rent of $885. This places Jefferson County at #2533 nationally out of 3134 counties by median home value, and #64 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: $1,150
- Establishments: 792
- BLS QCEW, 2025
Housing Supply
- Single-family: 12
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 14,307 (avg $64,840)
- Outflow: 13,717 (avg $65,730)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Jefferson County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 62864 | 207.8 | +3.34% | 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 Jefferson County Compares
| Metric | Jefferson County | Illinois Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $126,000 | $153,019 | $227,706 |
| Median Gross Rent | $885 | $867 | $968 |
| Owner Occupancy Rate | 71.7% | 75.8% | 73.3% |
| Price/Rent Ratio | 11.9 | 14.5 | 18.7 |
Market Analysis
The median home value in Jefferson County is 17.7% below the Illinois state average and 44.7% below the U.S. national average. The median rent of $885/month is 2.1% above the state average.
With a price-to-rent ratio of 11.9, buying a home in Jefferson 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.
Jefferson County has an owner-occupancy rate of 71.7%, 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 |
|---|---|---|---|
| Cumberland County | Illinois | $126,000 | $772 |
| Fayette County | Alabama | $125,900 | $667 |
| Cheyenne County | Kansas | $125,900 | $656 |
| Washington County | North Carolina | $125,900 | $743 |
| Miami County | Indiana | $126,200 | $838 |
Other Counties in Illinois
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Cumberland County | $126,000 | $772 | 84.2% |
| Jasper County | $125,500 | $793 | 85.2% |
| 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).