Warren County, Illinois Housing Market Prices
Warren 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 85% below the Illinois median Among the top 5 cheapest counties in Illinois$22,386
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Median rent 38% below the Illinois median$787
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Warren County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $22,386 | $149,936 | $248,835 |
| Price Trend (Annual %) | -12.5% | 2.5% | 7.5% |
| Median Gross Rent | $787 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Warren County is about 85% lower than in Illinois. Rent is about 38% 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 Warren County: home prices fell about 12.5% a year while rent rose about 4.5% a year. That is an unusual pattern worth watching.
Median rent in Warren County rose about 42.1% between 2015 and 2024, from $554 to $787. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 0.3 yearly household incomes in Warren County.
Buying the median-priced home in Warren County costs roughly 2.4 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 Warren County. The price-to-rent ratio in Illinois is about 9.8.
| Metric | Warren County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $22,386 | $149,936 | $248,835 |
| Median Household Income | $68,384 | $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 Warren County fell about 83.2%, while median household income rose about 66.3% 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 | Warren County | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.2% | 61.9% | 58.5% |
| Rental Rate | 22.2% | 30.4% | 31.2% |
| Vacancy Rate | 10.5% | 7.7% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Warren County has a homeownership rate of 67.2%, higher than the Illinois average of 61.9%. Its housing vacancy rate is 10.5%, compared with 7.7% in Illinois.
Housing Stock
| Metric | Warren County | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.27 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1956 | 1969 | 1978 |
| Median Number of Rooms | 6.1 | 5.6 | 5.5 |
The typical housing unit in Warren County was built around 1956. On average, 2.3 people live in a home with about 6.1 rooms, staying for about 17.0 years on average.
Warren County, IL Housing Compared With Nearby Counties
Warren County, IL is the 4th largest of the 5 counties compared here, 16,447 residents against a local median of 29,967. Warren County, IL's median home price, at $22,386, runs 69% below the $71,371 typical of the counties around it.
The counties themselves spread $62,049 on median home price, so Warren County, IL sits at one end of an already wide local range rather than apart from it. Warren County, IL has the 5th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Warren County, IL | 16,447 | $22,386 #5/5 | $787 #2/5 | 75.2% #3/5 |
| Henderson County, IL | 6,193 | $68,240 | $764 | 81.1% |
| McDonough County, IL | 26,917 | $90,788 | $761 | 63.5% |
| Knox County, IL | 49,044 | $28,739 | $787 | 70.8% |
| Fulton County, IL | 33,018 | $74,502 | $784 | 76.6% |
Frequently Asked Questions
Common questions about the housing market in Warren County, Illinois.
What is the median home price in Warren County, Illinois?
The median home price in Warren County, Illinois is $22,386, lower than the Illinois average of $149,936.
What is the average home price in Warren County, Illinois?
The typical home price in Warren County, Illinois, reported as the median sale price, is $22,386. 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 Warren County, Illinois?
The median gross rent in Warren County, Illinois is $787 per month, lower than the Illinois average of $1,274.
What was the median gross rent in Warren County in 2020?
In 2020, the median gross rent in Warren County, Illinois was $608 per month.
What is the price-to-rent ratio in Warren County, Illinois?
The price-to-rent ratio in Warren County, Illinois is about 2.4, meaning it would take roughly 2.4 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 Warren County.
Are home prices or rent rising faster in Warren County, Illinois?
Home prices and rent are moving in opposite directions in Warren County: home prices fell about 12.5% a year while rent rose about 4.5% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Warren County, Illinois?
67.2% of households in Warren County, Illinois own their home, higher than the Illinois average of 61.9%.
What is the vacancy rate in Warren County, Illinois?
The housing vacancy rate in Warren County, Illinois is 10.5%, higher than the Illinois average of 7.7%.
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