Kane County, Illinois Housing Market

In Kane County, Illinois, the median home value is $327,000, with a median monthly rent of $1,453. This places Kane County at #498 nationally out of 3134 counties by median home value, and #3 within Illinois.

Median Home Value $327,000
Median Rent $1,453/mo
Owner Occupancy 76.0%
Price/Rent Ratio 18.8

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Kane County rose +5.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

181,324
jobs (private sector)
  • Avg weekly wage: $1,219
  • Establishments: 12,806
  • BLS QCEW, 2025
🏗️

Housing Supply

1,629
new units authorized (2025)
  • Single-family: 1,389
  • Multi-family: 240
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+4536
net migration (filers, 2021-2022)
  • Inflow: 215,138 (avg $101,870)
  • Outflow: 210,602 (avg $101,795)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Kane County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 60110 225.1 +8.56% 2025
2 60554 194.9 +9.90% 2025
3 60175 188.5 +5.77% 2025
4 60505 244.9 +5.82% 2025
5 60506 215.9 +6.11% 2025
6 60542 208.1 +7.59% 2025
7 60142 185.2 +8.56% 2025
8 60102 190.2 +4.28% 2025
9 60134 199.9 +6.57% 2025
10 60177 202.2 +4.47% 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.

How Kane County Compares

MetricKane CountyIllinois AverageU.S. Average
Median Home Value $327,000 $153,019 $227,706
Median Gross Rent $1,453 $867 $968
Owner Occupancy Rate 76.0% 75.8% 73.3%
Price/Rent Ratio 18.8 14.5 18.7

Market Analysis

The median home value in Kane County is 113.7% above the Illinois state average and 43.6% above the U.S. national average. The median rent of $1,453/month is 67.6% above the state average.

With a price-to-rent ratio of 18.8, the buy-vs-rent decision in Kane County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Kane County has an owner-occupancy rate of 76.0%, 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

CountyStateMedian Home ValueMedian Rent
Lancaster County Virginia $327,000 $1,033
Johnson County Wyoming $326,800 $1,029
Ramsey County Minnesota $326,600 $1,329
Paulding County Georgia $326,300 $1,772
Shelby County Alabama $326,100 $1,401

Other Counties in Illinois

CountyMedian Home ValueMedian RentOwner Occ.
Cook County $324,500 $1,435 57.7%
Kendall County $322,400 $1,781 84.0%
Will County $319,600 $1,462 82.8%
Lake County $345,700 $1,477 74.8%
McHenry County $308,100 $1,401 82.7%

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).