Market Overview
Home Prices in Broadlands, IL
The median home value in Broadlands, IL is $181,570 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.8% compared to a year ago and up 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Broadlands are priced56% below average. Broadlands is part of the Champaign-Urbana, IL metro area.
Over the past five years, Broadlands home values have risen by approximately31.7%, reflecting strong long-term appreciation in this market.
Price History
Broadlands Home Price Trend
City Comparison
Broadlands vs. National Median
At $181,570, homes in Broadlands cost 56% below the national median of $410,000. This makes Broadlands a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Broadlands?
20% Down Payment
$36,314
on $181,570
Monthly P&I
$947/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,203/mo
incl. taxes & insurance
Income Needed
$48,120
gross annual (30% rule)
10% Down Option
$18,157
+ PMI applies
Loan Amount (20% dn)
$145,256
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 Broadlands, IL?
The median home value in Broadlands is $181,570 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.8% year-over-year.
How much have home prices changed in Broadlands?
Over the past year, home values in Broadlands have increased by 10.8%. Over five years, prices have risen approximately 31.7%.
How much do I need to earn to buy a home in Broadlands?
To comfortably afford the median home price of $181,570 with a 20% down payment ($36,314) at today's rates (6.8%), you'd need a gross annual income of approximately $48,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Broadlands compare to the national average home price?
The national median home value is approximately $410,000. At $181,570, homes in Broadlands are 56% below the national average.
What metro area is Broadlands part of?
Broadlands is part of the Champaign-Urbana, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.