Warren County, Illinois Housing Market
In Warren County, Illinois, the median home value is $105,000, with a median monthly rent of $788. This places Warren County at #2855 nationally out of 3134 counties by median home value, and #82 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: $909
- Establishments: 322
- BLS QCEW, 2025
Housing Supply
- Single-family: 4
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 6,703 (avg $63,288)
- Outflow: 6,425 (avg $63,893)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Warren County Compares
| Metric | Warren County | Illinois Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $105,000 | $153,019 | $227,706 |
| Median Gross Rent | $788 | $867 | $968 |
| Owner Occupancy Rate | 75.2% | 75.8% | 73.3% |
| Price/Rent Ratio | 11.1 | 14.5 | 18.7 |
Market Analysis
The median home value in Warren County is 31.4% below the Illinois state average and 53.9% below the U.S. national average. The median rent of $788/month is 9.1% below the state average.
With a price-to-rent ratio of 11.1, buying a home in Warren 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.
Warren County has an owner-occupancy rate of 75.2%, 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 |
|---|---|---|---|
| Wallace County | Kansas | $105,000 | $601 |
| Sharp County | Arkansas | $105,100 | $766 |
| Worth County | Georgia | $104,900 | $864 |
| Wabash County | Illinois | $104,900 | $794 |
| Benton County | Mississippi | $105,100 | $731 |
Other Counties in Illinois
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Wabash County | $104,900 | $794 | 76.3% |
| Stark County | $104,500 | $735 | 80.1% |
| Henderson County | $104,400 | $764 | 81.1% |
| Hardin County | $103,800 | $379 | 79.5% |
| Mason County | $103,400 | $802 | 81.8% |
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).