Scott County, Illinois Housing Market
In Scott County, Illinois, the median home value is $96,400, with a median monthly rent of $689. This places Scott County at #2968 nationally out of 3134 counties by median home value, and #96 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: $1,245
- Establishments: 80
- BLS QCEW, 2025
Migration Patterns
- Inflow: 2,042 (avg $69,044)
- Outflow: 2,001 (avg $69,572)
- IRS Statistics of Income
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| Metric | Scott County | Illinois Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $96,400 | $153,019 | $227,706 |
| Median Gross Rent | $689 | $867 | $968 |
| Owner Occupancy Rate | 79.0% | 75.8% | 73.3% |
| Price/Rent Ratio | 11.7 | 14.5 | 18.7 |
Market Analysis
The median home value in Scott County is 37.0% below the Illinois state average and 57.7% below the U.S. national average. The median rent of $689/month is 20.5% below the state average.
With a price-to-rent ratio of 11.7, buying a home in Scott 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.
Scott County has an owner-occupancy rate of 79.0%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Prairie County | Arkansas | $96,400 | $625 |
| Donley County | Texas | $96,400 | $780 |
| Phillips County | Kansas | $96,500 | $672 |
| Nuckolls County | Nebraska | $96,500 | $585 |
| Nolan County | Texas | $96,300 | $913 |
Other Counties in Illinois
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Cass County | $97,100 | $723 | 75.9% |
| Vermilion County | $97,200 | $838 | 70.2% |
| Edgar County | $97,300 | $775 | 72.7% |
| Clay County | $97,400 | $735 | 79.3% |
| Greene County | $95,200 | $754 | 78.2% |
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).