Hardin County, Illinois Housing Market Prices
Hardin 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 47% below the Illinois median$80,018
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Median rent 70% below the Illinois median Cheapest county in Illinois$378
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hardin County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $80,018 | $149,936 | $248,835 |
| Price Trend (Annual %) | 8.2% | 2.5% | 7.5% |
| Median Gross Rent | $378 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 0.6% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hardin County is about 47% lower than in Illinois. Rent is about 70% 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 Hardin County, up about 8.2% and 0.6% a year respectively. Home prices are changing faster.
Median rent in Hardin County rose about 6.2% between 2015 and 2024, from $356 to $378. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 1.5 yearly household incomes in Hardin County.
Buying the median-priced home in Hardin County costs roughly 17.6 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 Hardin County. The price-to-rent ratio in Illinois is about 9.8.
| Metric | Hardin County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $80,018 | $149,936 | $248,835 |
| Median Household Income | $53,842 | $84,042 | $80,455 |
| Price-to-Income Ratio | 1.5 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hardin County rose about 68.7%, while median household income rose about 65.4% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Hardin County | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.6% | 61.9% | 58.5% |
| Rental Rate | 13.5% | 30.4% | 31.2% |
| Vacancy Rate | 33.9% | 7.7% | 10.2% |
| Median Tenure (years) | 19.0 | 16.0 | 15.0 |
| Median Year Moved In | 2007 | 2010 | 2011 |
Hardin County has a homeownership rate of 52.6%, lower than the Illinois average of 61.9%. Its housing vacancy rate is 33.9%, compared with 7.7% in Illinois.
Housing Stock
| Metric | Hardin County | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.25 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1976 | 1969 | 1978 |
| Median Number of Rooms | 5.1 | 5.6 | 5.5 |
The typical housing unit in Hardin County was built around 1976. On average, 2.3 people live in a home with about 5.1 rooms, staying for about 19.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Hardin County, Illinois.
What is the median home price in Hardin County, Illinois?
The median home price in Hardin County, Illinois is $80,018, lower than the Illinois average of $149,936.
What is the average home price in Hardin County, Illinois?
The typical home price in Hardin County, Illinois, reported as the median sale price, is $80,018. 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 Hardin County, Illinois?
The median gross rent in Hardin County, Illinois is $378 per month, lower than the Illinois average of $1,274.
What was the median gross rent in Hardin County in 2020?
In 2020, the median gross rent in Hardin County, Illinois was $350 per month.
What is the price-to-rent ratio in Hardin County, Illinois?
The price-to-rent ratio in Hardin County, Illinois is about 17.6, meaning it would take roughly 17.6 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 Hardin County.
Are home prices or rent rising faster in Hardin County, Illinois?
Both home prices and rent are rising in Hardin County, up about 8.2% and 0.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hardin County, Illinois?
52.6% of households in Hardin County, Illinois own their home, lower than the Illinois average of 61.9%.
What is the vacancy rate in Hardin County, Illinois?
The housing vacancy rate in Hardin County, Illinois is 33.9%, higher than the Illinois average of 7.7%.
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