Market Overview
Home Prices in Cave in Rock, IL
The median home value in Cave in Rock, IL is $99,057 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.2% compared to a year ago and down 14.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cave in Rock are priced76% below average.
Price History
Cave in Rock Home Price Trend
2024
$118,121
$118K
—
2025
$101,246
$101K
-14.3%
2026
$99,057
$99K
-2.2%
City Comparison
Cave in Rock vs. National Median
🏠 Cave in Rock
$99,057
National Median
$410,000
At $99,057, homes in Cave in Rock cost 76% below the national median of $410,000. This makes Cave in Rock a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cave in Rock?
20% Down Payment
$19,811
on $99,057
Monthly P&I
$517/mo
30-yr @ 6.8%
Total Monthly Est.
~$657/mo
incl. taxes & insurance
Income Needed
$26,280
gross annual (30% rule)
10% Down Option
$9,906
+ PMI applies
Loan Amount (20% dn)
$79,246
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 Cave in Rock, IL?
The median home value in Cave in Rock is $99,057 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.2% year-over-year.
How much have home prices changed in Cave in Rock?
Over the past year, home values in Cave in Rock have decreased by 2.2%.
How much do I need to earn to buy a home in Cave in Rock?
To comfortably afford the median home price of $99,057 with a 20% down payment ($19,811) at today's rates (6.8%), you'd need a gross annual income of approximately $26,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Cave in Rock compare to the national average home price?
The national median home value is approximately $410,000. At $99,057, homes in Cave in Rock are 76% below the national average.