Randolph County, Illinois Housing Market
In Randolph County, Illinois, the median home value is $135,100, with a median monthly rent of $780. This places Randolph County at #2432 nationally out of 3134 counties by median home value, and #50 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: $1,065
- Establishments: 530
- BLS QCEW, 2025
Housing Supply
- Single-family: 7
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 11,654 (avg $68,376)
- Outflow: 11,290 (avg $69,011)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Randolph County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 62257 | 162.9 | -2.01% | 2022 |
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 Randolph County Compares
| Metric | Randolph County | Illinois Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $135,100 | $153,019 | $227,706 |
| Median Gross Rent | $780 | $867 | $968 |
| Owner Occupancy Rate | 76.6% | 75.8% | 73.3% |
| Price/Rent Ratio | 14.4 | 14.5 | 18.7 |
Market Analysis
The median home value in Randolph County is 11.7% below the Illinois state average and 40.7% below the U.S. national average. The median rent of $780/month is 10.0% below the state average.
With a price-to-rent ratio of 14.4, buying a home in Randolph 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.
Randolph County has an owner-occupancy rate of 76.6%, 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 |
|---|---|---|---|
| Sumner County | Kansas | $135,100 | $825 |
| Bladen County | North Carolina | $135,100 | $773 |
| Winnebago County | Iowa | $135,000 | $717 |
| Doniphan County | Kansas | $135,200 | $776 |
| Johnson County | Arkansas | $135,300 | $728 |
Other Counties in Illinois
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Stephenson County | $134,900 | $798 | 70.9% |
| Logan County | $134,400 | $829 | 68.5% |
| Moultrie County | $134,000 | $804 | 76.0% |
| Shelby County | $137,100 | $814 | 78.4% |
| Jackson County | $137,300 | $782 | 50.0% |
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).