Market Overview
Home Prices in Baileyville, IL
The median home value in Baileyville, IL is $227,908 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.7% compared to a year ago and down 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Baileyville are priced44% below average. Baileyville is part of the Rochelle, IL metro area.
Over the past five years, Baileyville home values have risen by approximately19.4%, reflecting steady appreciation in this market.
Price History
Baileyville Home Price Trend
City Comparison
Baileyville vs. National Median
At $227,908, homes in Baileyville cost 44% below the national median of $410,000. This makes Baileyville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Baileyville?
20% Down Payment
$45,582
on $227,908
Monthly P&I
$1,189/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,510/mo
incl. taxes & insurance
Income Needed
$60,400
gross annual (30% rule)
10% Down Option
$22,791
+ PMI applies
Loan Amount (20% dn)
$182,326
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 Baileyville, IL?
The median home value in Baileyville is $227,908 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.7% year-over-year.
How much have home prices changed in Baileyville?
Over the past year, home values in Baileyville have increased by 5.7%. Over five years, prices have risen approximately 19.4%.
How much do I need to earn to buy a home in Baileyville?
To comfortably afford the median home price of $227,908 with a 20% down payment ($45,582) at today's rates (6.8%), you'd need a gross annual income of approximately $60,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Baileyville compare to the national average home price?
The national median home value is approximately $410,000. At $227,908, homes in Baileyville are 44% below the national average.
What metro area is Baileyville part of?
Baileyville is part of the Rochelle, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.