Market Overview
Home Prices in Atwood, IL
The median home value in Atwood, IL is $141,667 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 6.5% compared to a year ago and up 5.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Atwood are priced65% below average. Atwood is part of the Champaign-Urbana, IL metro area.
Over the past five years, Atwood home values have risen by approximately25.7%, reflecting strong long-term appreciation in this market.
Price History
Atwood Home Price Trend
City Comparison
Atwood vs. National Median
At $141,667, homes in Atwood cost 65% below the national median of $410,000. This makes Atwood a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Atwood?
20% Down Payment
$28,333
on $141,667
Monthly P&I
$739/mo
30-yr @ 6.8%
Total Monthly Est.
~$939/mo
incl. taxes & insurance
Income Needed
$37,560
gross annual (30% rule)
10% Down Option
$14,167
+ PMI applies
Loan Amount (20% dn)
$113,334
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 Atwood, IL?
The median home value in Atwood is $141,667 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 6.5% year-over-year.
How much have home prices changed in Atwood?
Over the past year, home values in Atwood have decreased by 6.5%. Over five years, prices have risen approximately 25.7%.
How much do I need to earn to buy a home in Atwood?
To comfortably afford the median home price of $141,667 with a 20% down payment ($28,333) at today's rates (6.8%), you'd need a gross annual income of approximately $37,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Atwood compare to the national average home price?
The national median home value is approximately $410,000. At $141,667, homes in Atwood are 65% below the national average.
What metro area is Atwood part of?
Atwood is part of the Champaign-Urbana, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.