Pope County, Illinois Housing Market
In Pope County, Illinois, the median home value is $143,800, with a median monthly rent of $449. This places Pope County at #2317 nationally out of 3134 counties by median home value, and #43 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: $0
- Establishments: 35
- BLS QCEW, 2025
Housing Supply
- Single-family: 1
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 1,381 (avg $58,716)
- Outflow: 1,325 (avg $59,218)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Pope County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 62946 | 182.3 | -1.01% | 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 Pope County Compares
| Metric | Pope County | Illinois Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $143,800 | $153,019 | $227,706 |
| Median Gross Rent | $449 | $867 | $968 |
| Owner Occupancy Rate | 86.3% | 75.8% | 73.3% |
| Price/Rent Ratio | 26.7 | 14.5 | 18.7 |
Market Analysis
The median home value in Pope County is 6.0% below the Illinois state average and 36.8% below the U.S. national average. The median rent of $449/month is 48.2% below the state average.
With a price-to-rent ratio of 26.7, Pope County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Pope County has an owner-occupancy rate of 86.3%, 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 |
|---|---|---|---|
| Schley County | Georgia | $143,900 | $816 |
| Yell County | Arkansas | $143,600 | $735 |
| Lawrence County | Ohio | $144,000 | $848 |
| Dale County | Alabama | $143,500 | $889 |
| Floyd County | Iowa | $143,500 | $745 |
Other Counties in Illinois
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Marshall County | $142,800 | $782 | 79.2% |
| Livingston County | $142,200 | $880 | 74.3% |
| Bond County | $145,700 | $785 | 76.6% |
| Mercer County | $146,700 | $786 | 83.8% |
| Macoupin County | $138,200 | $801 | 78.5% |
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).