Market Overview
Home Prices in Catlin, IL
The median home value in Catlin, IL is $172,374 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.9% compared to a year ago and up 5.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Catlin are priced58% below average. Catlin is part of the Danville, IL metro area.
Over the past five years, Catlin home values have risen by approximately47.0%, reflecting strong long-term appreciation in this market.
Price History
Catlin Home Price Trend
City Comparison
Catlin vs. National Median
At $172,374, homes in Catlin cost 58% below the national median of $410,000. This makes Catlin a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Catlin?
20% Down Payment
$34,475
on $172,374
Monthly P&I
$899/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,142/mo
incl. taxes & insurance
Income Needed
$45,680
gross annual (30% rule)
10% Down Option
$17,237
+ PMI applies
Loan Amount (20% dn)
$137,899
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 Catlin, IL?
The median home value in Catlin is $172,374 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.9% year-over-year.
How much have home prices changed in Catlin?
Over the past year, home values in Catlin have increased by 10.9%. Over five years, prices have risen approximately 47.0%.
How much do I need to earn to buy a home in Catlin?
To comfortably afford the median home price of $172,374 with a 20% down payment ($34,475) at today's rates (6.8%), you'd need a gross annual income of approximately $45,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Catlin compare to the national average home price?
The national median home value is approximately $410,000. At $172,374, homes in Catlin are 58% below the national average.
What metro area is Catlin part of?
Catlin is part of the Danville, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.