Carroll County, Illinois Housing Market Prices
Carroll County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 64% below the Illinois median Cheaper than 74% of counties in Illinois$54,583
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Median rent 36% below the Illinois median$817
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Carroll County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $54,583 | $149,936 | $248,835 |
| Price Trend (Annual %) | 2.2% | 2.5% | 7.5% |
| Median Gross Rent | $817 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 4.0% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Carroll County is about 64% lower than in Illinois. Rent is about 36% lower than the Illinois average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Carroll County, up about 2.2% and 4.0% a year respectively. Rent is changing faster.
Median rent in Carroll County rose about 35.9% between 2015 and 2024, from $601 to $817. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 0.9 yearly household incomes in Carroll County.
Buying the median-priced home in Carroll County costs roughly 5.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Carroll County. The price-to-rent ratio in Illinois is about 9.8.
| Metric | Carroll County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $54,583 | $149,936 | $248,835 |
| Median Household Income | $61,019 | $84,042 | $80,455 |
| Price-to-Income Ratio | 0.9 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Carroll County fell about 9.9%, while median household income rose about 37.7% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Carroll County | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.9% | 61.9% | 58.5% |
| Rental Rate | 18.3% | 30.4% | 31.2% |
| Vacancy Rate | 19.8% | 7.7% | 10.2% |
| Median Tenure (years) | 18.0 | 16.0 | 15.0 |
| Median Year Moved In | 2008 | 2010 | 2011 |
Carroll County has a homeownership rate of 61.9%, about the same as the Illinois average of 61.9%. Its housing vacancy rate is 19.8%, compared with 7.7% in Illinois.
Housing Stock
| Metric | Carroll County | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.12 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1958 | 1969 | 1978 |
| Median Number of Rooms | 6.2 | 5.6 | 5.5 |
The typical housing unit in Carroll County was built around 1958. On average, 2.1 people live in a home with about 6.2 rooms, staying for about 18.0 years on average.
Carroll County, IL Housing Compared With Nearby Counties
Carroll County, IL is the smallest of the 6 counties compared here, 15,576 residents against a local median of 46,268. Carroll County, IL's median home price, at $54,583, runs 67% below the $164,024 typical of the counties around it.
The counties themselves spread $207,115 on median home price, so Carroll County, IL sits at one end of an already wide local range rather than apart from it. Carroll County, IL has the 6th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Carroll County, IL | 15,576 | $54,583 #6/6 | $817 #5/6 | 77.2% #2/6 |
| Whiteside County, IL | 54,941 | $75,302 | $855 | 76.9% |
| Stephenson County, IL | 43,760 | $56,873 | $797 | 70.9% |
| Jo Daviess County, IL | 21,851 | $263,988 | $825 | 80.4% |
| Ogle County, IL | 51,485 | $169,914 | $936 | 75.4% |
| Clinton County, IA | 46,268 | $164,024 | $849 | 74.5% |
Frequently Asked Questions
Common questions about the housing market in Carroll County, Illinois.
What is the median home price in Carroll County, Illinois?
The median home price in Carroll County, Illinois is $54,583, lower than the Illinois average of $149,936.
What is the average home price in Carroll County, Illinois?
The typical home price in Carroll County, Illinois, reported as the median sale price, is $54,583. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Carroll County, Illinois?
The median gross rent in Carroll County, Illinois is $817 per month, lower than the Illinois average of $1,274.
What was the median gross rent in Carroll County in 2020?
In 2020, the median gross rent in Carroll County, Illinois was $621 per month.
What is the price-to-rent ratio in Carroll County, Illinois?
The price-to-rent ratio in Carroll County, Illinois is about 5.6, meaning it would take roughly 5.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Carroll County.
Are home prices or rent rising faster in Carroll County, Illinois?
Both home prices and rent are rising in Carroll County, up about 2.2% and 4.0% a year respectively. Rent is changing faster.
What is the homeownership rate in Carroll County, Illinois?
61.9% of households in Carroll County, Illinois own their home, about the same as the Illinois average.
What is the vacancy rate in Carroll County, Illinois?
The housing vacancy rate in Carroll County, Illinois is 19.8%, higher than the Illinois average of 7.7%.
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