Winnebago County, Illinois Housing Market Prices
Winnebago 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 29% below the Illinois median$106,298
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Median rent 20% below the Illinois median More expensive than 84% of counties in Illinois$1,021
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Winnebago County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $106,298 | $149,936 | $248,835 |
| Price Trend (Annual %) | 1.3% | 2.5% | 7.5% |
| Median Gross Rent | $1,021 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Winnebago County is about 29% lower than in Illinois. Rent is about 20% 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 Winnebago County, up about 1.3% and 4.1% a year respectively. Rent is changing faster.
Median rent in Winnebago County rose about 36.8% between 2015 and 2024, from $747 to $1,021. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 1.6 yearly household incomes in Winnebago County.
Buying the median-priced home in Winnebago County costs roughly 8.7 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 Winnebago County. The price-to-rent ratio in Illinois is about 9.8.
| Metric | Winnebago County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $106,298 | $149,936 | $248,835 |
| Median Household Income | $66,225 | $84,042 | $80,455 |
| Price-to-Income Ratio | 1.6 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Winnebago County rose about 14.6%, while median household income rose about 39.4% 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 | Winnebago County | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.1% | 61.9% | 58.5% |
| Rental Rate | 31.7% | 30.4% | 31.2% |
| Vacancy Rate | 7.2% | 7.7% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Winnebago County has a homeownership rate of 61.1%, lower than the Illinois average of 61.9%. Its housing vacancy rate is 7.2%, compared with 7.7% in Illinois.
Housing Stock
| Metric | Winnebago County | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.41 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1969 | 1969 | 1978 |
| Median Number of Rooms | 5.7 | 5.6 | 5.5 |
The typical housing unit in Winnebago County was built around 1969. On average, 2.4 people live in a home with about 5.7 rooms, staying for about 16.0 years on average.
Winnebago County, IL Housing Compared With Nearby Counties
Winnebago County, IL is the largest of the 5 counties compared here, 283,258 residents against a local median of 52,356. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Winnebago County, IL an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is homeownership, 10% below the local median at 65.9% against 73.3%. Winnebago County, IL has the 5th highest homeownership of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Winnebago County, IL | 283,258 | $106,298 #3/5 | $1,021 #3/5 | 65.9% #5/5 |
| Ogle County, IL | 51,485 | $169,914 | $936 | 75.4% |
| Boone County, IL | 53,226 | $66,484 | $1,041 | 81.8% |
| Rock County, WI | 164,349 | $172,262 | $1,036 | 71.2% |
| Stephenson County, IL | 43,760 | $56,873 | $797 | 70.9% |
Frequently Asked Questions
Common questions about the housing market in Winnebago County, Illinois.
What is the median home price in Winnebago County, Illinois?
The median home price in Winnebago County, Illinois is $106,298, lower than the Illinois average of $149,936.
What is the average home price in Winnebago County, Illinois?
The typical home price in Winnebago County, Illinois, reported as the median sale price, is $106,298. 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 Winnebago County, Illinois?
The median gross rent in Winnebago County, Illinois is $1,021 per month, lower than the Illinois average of $1,274.
What was the median gross rent in Winnebago County in 2020?
In 2020, the median gross rent in Winnebago County, Illinois was $817 per month.
What is the price-to-rent ratio in Winnebago County, Illinois?
The price-to-rent ratio in Winnebago County, Illinois is about 8.7, meaning it would take roughly 8.7 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 Winnebago County.
Are home prices or rent rising faster in Winnebago County, Illinois?
Both home prices and rent are rising in Winnebago County, up about 1.3% and 4.1% a year respectively. Rent is changing faster.
What is the homeownership rate in Winnebago County, Illinois?
61.1% of households in Winnebago County, Illinois own their home, lower than the Illinois average of 61.9%.
What is the vacancy rate in Winnebago County, Illinois?
The housing vacancy rate in Winnebago County, Illinois is 7.2%, lower than the Illinois average of 7.7%.
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