Sangamon County, Illinois Housing Market
In Sangamon County, Illinois, the median home value is $176,300, with a median monthly rent of $983. This places Sangamon County at #1677 nationally out of 3134 counties by median home value, and #24 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: $1,216
- Establishments: 4,709
- BLS QCEW, 2025
Housing Supply
- Single-family: 180
- Multi-family: 44
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 85,384 (avg $87,844)
- Outflow: 82,590 (avg $88,883)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Sangamon County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 62530 | 214.1 | — | 2025 |
| 2 | 62702 | 187.2 | +4.53% | 2025 |
| 3 | 62684 | 207.1 | +2.85% | 2025 |
| 4 | 62561 | 189.0 | -2.76% | 2025 |
| 5 | 62707 | 182.2 | -0.89% | 2025 |
| 6 | 62704 | 181.9 | +7.85% | 2025 |
| 7 | 62703 | 173.3 | -0.24% | 2025 |
| 8 | 62629 | 200.3 | +4.20% | 2025 |
| 9 | 62615 | 194.2 | -2.33% | 2025 |
| 10 | 62520 | 172.1 | -11.84% | 2024 |
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 Sangamon County Compares
| Metric | Sangamon County | Illinois Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $176,300 | $153,019 | $227,706 |
| Median Gross Rent | $983 | $867 | $968 |
| Owner Occupancy Rate | 71.3% | 75.8% | 73.3% |
| Price/Rent Ratio | 14.9 | 14.5 | 18.7 |
Market Analysis
The median home value in Sangamon County is 15.2% above the Illinois state average and 22.6% below the U.S. national average. The median rent of $983/month is 13.4% above the state average.
With a price-to-rent ratio of 14.9, buying a home in Sangamon 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.
Sangamon County has an owner-occupancy rate of 71.3%, 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 |
|---|---|---|---|
| Hawkins County | Tennessee | $176,300 | $785 |
| Sebastian County | Arkansas | $176,200 | $886 |
| Alger County | Michigan | $176,200 | $714 |
| Madison County | Texas | $176,200 | $851 |
| Hillsdale County | Michigan | $176,100 | $832 |
Other Counties in Illinois
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Madison County | $173,000 | $1,024 | 74.2% |
| Putnam County | $172,700 | $851 | 81.5% |
| St. Clair County | $180,300 | $1,090 | 68.4% |
| Piatt County | $180,600 | $1,046 | 84.8% |
| Jersey County | $171,900 | $846 | 80.5% |
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).