Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Crawford County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $81,794 | $162,405 | $242,182 |
| Price Trend (Annual %) | 2.0% | 3.9% | 8.2% |
| Median Gross Rent | $761 | $1,226 | $1,342 |
| Rent Trend (Annual %) | 4.1% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Crawford County is about 50% lower than in Illinois. Rent is about 38% lower than the Illinois average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Crawford County, up about 2.0% and 4.1% a year respectively. Rent is changing faster.
Median rent in Crawford County rose about 35.6% between 2015 and 2023, from $561 to $761. Over the same span, rent in Illinois rose about 35.1%.
Affordability
On average, housing unit costs 1.2 yearly household incomes in Crawford County.
Buying the median-priced home in Crawford County costs roughly 9.0 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 Crawford County. The price-to-rent ratio in Illinois is about 11.0.
| Metric | Crawford County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $81,794 | $162,405 | $242,182 |
| Median Household Income | $66,312 | $82,179 | $78,145 |
| Price-to-Income Ratio | 1.2 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Crawford County rose about 16.9%, while median household income rose about 65.8% between 2009 and 2023 — 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 | Crawford County | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 70.4% | 61.4% | 58.2% |
| Rental Rate | 17.2% | 30.5% | 31.3% |
| Vacancy Rate | 12.4% | 8.1% | 10.6% |
| Median Tenure (years) | 18.0 | 16.0 | 15.0 |
| Median Year Moved In | 2008 | 2010 | 2011 |
Crawford County has a homeownership rate of 70.4%, higher than the Illinois average of 61.4%. Its housing vacancy rate is 12.4%, compared with 8.1% in Illinois.
Housing Stock
| Metric | Crawford County | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.30 people | 2.48 people | 2.54 people |
| Median Structure Built Year | 1966 | 1968 | 1978 |
| Median Number of Rooms | 6.0 | 5.6 | 5.5 |
The typical housing unit in Crawford County was built around 1966. On average, 2.3 people live in a home with about 6.0 rooms, staying for about 18.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Crawford County, Illinois.
What is the median home price in Crawford County, Illinois?
The median home price in Crawford County, Illinois is $81,794, lower than the Illinois average of $162,405.
What is the average home price in Crawford County, Illinois?
The typical home price in %s, reported as the median sale price, is %s. 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 Crawford County, Illinois?
The median gross rent in Crawford County, Illinois is $761 per month, lower than the Illinois average of $1,226.
What was the median gross rent in Crawford County in 2020?
In 2020, the median gross rent in Crawford County, Illinois was $650 per month.
What is the price-to-rent ratio in Crawford County, Illinois?
The price-to-rent ratio in Crawford County, Illinois is about 9.0, meaning it would take roughly 9.0 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 Crawford County.
Are home prices or rent rising faster in Crawford County, Illinois?
Both home prices and rent are rising in Crawford County, up about 2.0% and 4.1% a year respectively. Rent is changing faster.
What is the homeownership rate in Crawford County, Illinois?
70.4% of households in Crawford County, Illinois own their home, higher than the Illinois average of 61.4%.
What is the vacancy rate in Crawford County, Illinois?
The housing vacancy rate in Crawford County, Illinois is 12.4%, higher than the Illinois average of 8.1%.