Market Overview
Home Prices in Blue Mound, IL
The median home value in Blue Mound, IL is $154,409 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Blue Mound are priced62% below average. Blue Mound is part of the Taylorville, IL metro area.
Over the past five years, Blue Mound home values have risen by approximately27.8%, reflecting strong long-term appreciation in this market.
Price History
Blue Mound Home Price Trend
City Comparison
Blue Mound vs. National Median
At $154,409, homes in Blue Mound cost 62% below the national median of $410,000. This makes Blue Mound a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Blue Mound?
20% Down Payment
$30,882
on $154,409
Monthly P&I
$805/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,022/mo
incl. taxes & insurance
Income Needed
$40,880
gross annual (30% rule)
10% Down Option
$15,441
+ PMI applies
Loan Amount (20% dn)
$123,527
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 Blue Mound, IL?
The median home value in Blue Mound is $154,409 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in Blue Mound?
Over the past year, home values in Blue Mound have increased by 5%. Over five years, prices have risen approximately 27.8%.
How much do I need to earn to buy a home in Blue Mound?
To comfortably afford the median home price of $154,409 with a 20% down payment ($30,882) at today's rates (6.8%), you'd need a gross annual income of approximately $40,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Blue Mound compare to the national average home price?
The national median home value is approximately $410,000. At $154,409, homes in Blue Mound are 62% below the national average.
What metro area is Blue Mound part of?
Blue Mound is part of the Taylorville, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.