Edwards County, Illinois Housing Market Prices
Edwards 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 86% below the Illinois median Among the top 5 cheapest counties in Illinois$20,417
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Median rent 36% below the Illinois median$811
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Edwards County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $20,417 | $149,936 | $248,835 |
| Price Trend (Annual %) | -1.9% | 2.5% | 7.5% |
| Median Gross Rent | $811 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 7.0% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Edwards County is about 86% 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
Home prices and rent are moving in opposite directions in Edwards County: home prices fell about 1.9% a year while rent rose about 7.0% a year. That is an unusual pattern worth watching.
Median rent in Edwards County rose about 72.3% between 2015 and 2024, from $471 to $811. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 0.3 yearly household incomes in Edwards County.
Buying the median-priced home in Edwards County costs roughly 2.1 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 Edwards County. The price-to-rent ratio in Illinois is about 9.8.
| Metric | Edwards County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $20,417 | $149,936 | $248,835 |
| Median Household Income | $60,682 | $84,042 | $80,455 |
| Price-to-Income Ratio | 0.3 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Edwards County fell about 42.1%, while median household income rose about 43.2% 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 | Edwards County | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.5% | 61.9% | 58.5% |
| Rental Rate | 18.1% | 30.4% | 31.2% |
| Vacancy Rate | 12.4% | 7.7% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Edwards County has a homeownership rate of 69.5%, higher than the Illinois average of 61.9%. Its housing vacancy rate is 12.4%, compared with 7.7% in Illinois.
Housing Stock
| Metric | Edwards County | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.27 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1969 | 1969 | 1978 |
| Median Number of Rooms | 5.5 | 5.6 | 5.5 |
The typical housing unit in Edwards County was built around 1969. On average, 2.3 people live in a home with about 5.5 rooms, staying for about 17.0 years on average.
Edwards County, IL Housing Compared With Nearby Counties
How Edwards County, IL compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Edwards County, IL | 6,071 | $20,417 #2/2 | $811 #1/2 | 79.3% #1/2 |
| Richland County, IL | 15,599 | $251,414 | $805 | 73.8% |
Frequently Asked Questions
Common questions about the housing market in Edwards County, Illinois.
What is the median home price in Edwards County, Illinois?
The median home price in Edwards County, Illinois is $20,417, lower than the Illinois average of $149,936.
What is the average home price in Edwards County, Illinois?
The typical home price in Edwards County, Illinois, reported as the median sale price, is $20,417. 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 Edwards County, Illinois?
The median gross rent in Edwards County, Illinois is $811 per month, lower than the Illinois average of $1,274.
What was the median gross rent in Edwards County in 2020?
In 2020, the median gross rent in Edwards County, Illinois was $609 per month.
What is the price-to-rent ratio in Edwards County, Illinois?
The price-to-rent ratio in Edwards County, Illinois is about 2.1, meaning it would take roughly 2.1 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 Edwards County.
Are home prices or rent rising faster in Edwards County, Illinois?
Home prices and rent are moving in opposite directions in Edwards County: home prices fell about 1.9% a year while rent rose about 7.0% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Edwards County, Illinois?
69.5% of households in Edwards County, Illinois own their home, higher than the Illinois average of 61.9%.
What is the vacancy rate in Edwards County, Illinois?
The housing vacancy rate in Edwards County, Illinois is 12.4%, higher than the Illinois average of 7.7%.
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