Market Overview
Home Prices in Carlock, IL
The median home value in Carlock, IL is $285,579 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.8% compared to a year ago and up 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Carlock are priced30% below average. Carlock is part of the Bloomington, IL metro area.
Over the past five years, Carlock home values have risen by approximately37.8%, reflecting strong long-term appreciation in this market.
Price History
Carlock Home Price Trend
City Comparison
Carlock vs. National Median
At $285,579, homes in Carlock cost 30% below the national median of $410,000. This makes Carlock a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Carlock?
20% Down Payment
$57,116
on $285,579
Monthly P&I
$1,489/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,891/mo
incl. taxes & insurance
Income Needed
$75,640
gross annual (30% rule)
10% Down Option
$28,558
+ PMI applies
Loan Amount (20% dn)
$228,463
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 Carlock, IL?
The median home value in Carlock is $285,579 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.8% year-over-year.
How much have home prices changed in Carlock?
Over the past year, home values in Carlock have increased by 6.8%. Over five years, prices have risen approximately 37.8%.
How much do I need to earn to buy a home in Carlock?
To comfortably afford the median home price of $285,579 with a 20% down payment ($57,116) at today's rates (6.8%), you'd need a gross annual income of approximately $75,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Carlock compare to the national average home price?
The national median home value is approximately $410,000. At $285,579, homes in Carlock are 30% below the national average.
What metro area is Carlock part of?
Carlock is part of the Bloomington, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.