Market Overview
Home Prices in Auburn, IL
The median home value in Auburn, IL is $178,821 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.6% compared to a year ago and down 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Auburn are priced56% below average. Auburn is part of the Springfield, IL metro area.
Over the past five years, Auburn home values have risen by approximately22.4%, reflecting strong long-term appreciation in this market.
Price History
Auburn Home Price Trend
City Comparison
Auburn vs. National Median
At $178,821, homes in Auburn cost 56% below the national median of $410,000. This makes Auburn a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Auburn?
20% Down Payment
$35,764
on $178,821
Monthly P&I
$933/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,185/mo
incl. taxes & insurance
Income Needed
$47,400
gross annual (30% rule)
10% Down Option
$17,882
+ PMI applies
Loan Amount (20% dn)
$143,057
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 Auburn, IL?
The median home value in Auburn is $178,821 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.6% year-over-year.
How much have home prices changed in Auburn?
Over the past year, home values in Auburn have increased by 7.6%. Over five years, prices have risen approximately 22.4%.
How much do I need to earn to buy a home in Auburn?
To comfortably afford the median home price of $178,821 with a 20% down payment ($35,764) at today's rates (6.8%), you'd need a gross annual income of approximately $47,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Auburn compare to the national average home price?
The national median home value is approximately $410,000. At $178,821, homes in Auburn are 56% below the national average.
What metro area is Auburn part of?
Auburn is part of the Springfield, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.