Mason County, Illinois Housing Market

In Mason County, Illinois, the median home value is $103,400, with a median monthly rent of $802. This places Mason County at #2878 nationally out of 3134 counties by median home value, and #87 within Illinois.

Median Home Value $103,400
Median Rent $802/mo
Owner Occupancy 81.8%
Price/Rent Ratio 10.7

📈 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 Mason County fell -0.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,763
jobs (private sector)
  • Avg weekly wage: $862
  • Establishments: 246
  • BLS QCEW, 2025
🏗️

Housing Supply

6
new units authorized (2025)
  • Single-family: 6
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+184
net migration (filers, 2021-2022)
  • Inflow: 5,360 (avg $65,163)
  • Outflow: 5,176 (avg $65,836)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Mason County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 61546 186.2 +31.65% 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 Mason County Compares

MetricMason CountyIllinois AverageU.S. Average
Median Home Value $103,400 $153,019 $227,706
Median Gross Rent $802 $867 $968
Owner Occupancy Rate 81.8% 75.8% 73.3%
Price/Rent Ratio 10.7 14.5 18.7

Market Analysis

The median home value in Mason County is 32.4% below the Illinois state average and 54.6% below the U.S. national average. The median rent of $802/month is 7.5% below the state average.

With a price-to-rent ratio of 10.7, buying a home in Mason 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.

Mason County has an owner-occupancy rate of 81.8%, 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
Dawson County Texas $103,400 $777
Logan County West Virginia $103,400 $710
Union County South Carolina $103,600 $804
Baylor County Texas $103,100 $581
Newton County Texas $103,100 $1,001

Other Counties in Illinois

CountyMedian Home ValueMedian RentOwner Occ.
Marion County $103,000 $794 74.7%
Hardin County $103,800 $379 79.5%
Henderson County $104,400 $764 81.1%
Stark County $104,500 $735 80.1%
Wabash County $104,900 $794 76.3%

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).