Market Overview
Home Prices in Argenta, IL
The median home value in Argenta, IL is $199,119 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 12.5% compared to a year ago and up 5.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Argenta are priced51% below average. Argenta is part of the Decatur, IL metro area.
Over the past five years, Argenta home values have risen by approximately34.8%, reflecting strong long-term appreciation in this market.
Price History
Argenta Home Price Trend
City Comparison
Argenta vs. National Median
At $199,119, homes in Argenta cost 51% below the national median of $410,000. This makes Argenta a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Argenta?
20% Down Payment
$39,824
on $199,119
Monthly P&I
$1,038/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,318/mo
incl. taxes & insurance
Income Needed
$52,720
gross annual (30% rule)
10% Down Option
$19,912
+ PMI applies
Loan Amount (20% dn)
$159,295
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Argenta, IL?
The median home value in Argenta is $199,119 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 12.5% year-over-year.
How much have home prices changed in Argenta?
Over the past year, home values in Argenta have increased by 12.5%. Over five years, prices have risen approximately 34.8%.
How much do I need to earn to buy a home in Argenta?
To comfortably afford the median home price of $199,119 with a 20% down payment ($39,824) at today's rates (6.8%), you'd need a gross annual income of approximately $52,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Argenta compare to the national average home price?
The national median home value is approximately $410,000. At $199,119, homes in Argenta are 51% below the national average.
What metro area is Argenta part of?
Argenta is part of the Decatur, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.