Market Overview
Home Prices in Carterville, IL
The median home value in Carterville, IL is $190,610 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Carterville are priced54% below average. Carterville is part of the Carbondale-Marion, IL metro area.
Over the past five years, Carterville home values have risen by approximately23.5%, reflecting strong long-term appreciation in this market.
Price History
Carterville Home Price Trend
City Comparison
Carterville vs. National Median
At $190,610, homes in Carterville cost 54% below the national median of $410,000. This makes Carterville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Carterville?
20% Down Payment
$38,122
on $190,610
Monthly P&I
$994/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,262/mo
incl. taxes & insurance
Income Needed
$50,480
gross annual (30% rule)
10% Down Option
$19,061
+ PMI applies
Loan Amount (20% dn)
$152,488
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 Carterville, IL?
The median home value in Carterville is $190,610 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in Carterville?
Over the past year, home values in Carterville have increased by 1.6%. Over five years, prices have risen approximately 23.5%.
How much do I need to earn to buy a home in Carterville?
To comfortably afford the median home price of $190,610 with a 20% down payment ($38,122) at today's rates (6.8%), you'd need a gross annual income of approximately $50,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Carterville compare to the national average home price?
The national median home value is approximately $410,000. At $190,610, homes in Carterville are 54% below the national average.
What metro area is Carterville part of?
Carterville is part of the Carbondale-Marion, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.