Edgar County, Illinois Housing Market Prices
Edgar 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 6% above the Illinois median More expensive than 77% of counties in Illinois$159,581
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Median rent 39% below the Illinois median Cheaper than 74% of counties in Illinois$775
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Edgar County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $159,581 | $149,936 | $248,835 |
| Price Trend (Annual %) | 17.0% | 2.5% | 7.5% |
| Median Gross Rent | $775 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Edgar County is about 6% higher than in Illinois. Rent is about 39% 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 Edgar County, up about 17.0% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Edgar County rose about 28.4% between 2015 and 2024, from $603 to $775. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 2.7 yearly household incomes in Edgar County.
Buying the median-priced home in Edgar County costs roughly 17.2 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Edgar County. The price-to-rent ratio in Illinois is about 9.8.
| Metric | Edgar County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $159,581 | $149,936 | $248,835 |
| Median Household Income | $59,966 | $84,042 | $80,455 |
| Price-to-Income Ratio | 2.7 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Edgar County rose about 15.4%, while median household income rose about 42.5% 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 | Edgar County | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.9% | 61.9% | 58.5% |
| Rental Rate | 25.2% | 30.4% | 31.2% |
| Vacancy Rate | 7.9% | 7.7% | 10.2% |
| Median Tenure (years) | 19.0 | 16.0 | 15.0 |
| Median Year Moved In | 2007 | 2010 | 2011 |
Edgar County has a homeownership rate of 66.9%, higher than the Illinois average of 61.9%. Its housing vacancy rate is 7.9%, compared with 7.7% in Illinois.
Housing Stock
| Metric | Edgar County | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.13 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1962 | 1969 | 1978 |
| Median Number of Rooms | 5.8 | 5.6 | 5.5 |
The typical housing unit in Edgar County was built around 1962. On average, 2.1 people live in a home with about 5.8 rooms, staying for about 19.0 years on average.
Edgar County, IL Housing Compared With Nearby Counties
Edgar County, IL is the 4th largest of the 6 counties compared here, 16,531 residents against a local median of 19,749. Where Edgar County, IL breaks from the counties next to it is median home price, sitting 69% above the local median of $94,390 at $159,581.
The counties themselves spread $699,638 on median home price, so Edgar County, IL sits at one end of an already wide local range rather than apart from it. Edgar County, IL has the 3rd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Edgar County, IL | 16,531 | $159,581 #3/6 | $775 #5/6 | 72.7% #4/6 |
| Vermillion County, IN | 15,421 | $94,390 | $749 | 75.3% |
| Clark County, IL | 15,265 | $171,192 | $860 | 80.3% |
| Vigo County, IN | 106,109 | $64,620 | $924 | 61.7% |
| Douglas County, IL | 19,749 | $54,642 | $847 | 76.9% |
| Coles County, IL | 46,775 | $754,281 | $779 | 60.4% |
Frequently Asked Questions
Common questions about the housing market in Edgar County, Illinois.
What is the median home price in Edgar County, Illinois?
The median home price in Edgar County, Illinois is $159,581, higher than the Illinois average of $149,936.
What is the average home price in Edgar County, Illinois?
The typical home price in Edgar County, Illinois, reported as the median sale price, is $159,581. 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 Edgar County, Illinois?
The median gross rent in Edgar County, Illinois is $775 per month, lower than the Illinois average of $1,274.
What was the median gross rent in Edgar County in 2020?
In 2020, the median gross rent in Edgar County, Illinois was $653 per month.
What is the price-to-rent ratio in Edgar County, Illinois?
The price-to-rent ratio in Edgar County, Illinois is about 17.2, meaning it would take roughly 17.2 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Edgar County.
Are home prices or rent rising faster in Edgar County, Illinois?
Both home prices and rent are rising in Edgar County, up about 17.0% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Edgar County, Illinois?
66.9% of households in Edgar County, Illinois own their home, higher than the Illinois average of 61.9%.
What is the vacancy rate in Edgar County, Illinois?
The housing vacancy rate in Edgar County, Illinois is 7.9%, higher than the Illinois average of 7.7%.
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