Market Overview
Home Prices in Chana, IL
The median home value in Chana, IL is $261,936 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.5% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chana are priced36% below average. Chana is part of the Rochelle, IL metro area.
Over the past five years, Chana home values have risen by approximately32.6%, reflecting strong long-term appreciation in this market.
Price History
Chana Home Price Trend
2021
$197,610
$198K
—
2022
$223,776
$224K
+13.2%
2023
$225,500
$226K
+0.8%
2024
$242,418
$242K
+7.5%
2025
$248,186
$248K
+2.4%
2026
$261,936
$262K
+5.5%
City Comparison
Chana vs. National Median
🏠 Chana
$261,936
National Median
$410,000
At $261,936, homes in Chana cost 36% below the national median of $410,000. This makes Chana a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Chana?
20% Down Payment
$52,387
on $261,936
Monthly P&I
$1,366/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,735/mo
incl. taxes & insurance
Income Needed
$69,400
gross annual (30% rule)
10% Down Option
$26,194
+ PMI applies
Loan Amount (20% dn)
$209,549
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 Chana, IL?
The median home value in Chana is $261,936 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.5% year-over-year.
How much have home prices changed in Chana?
Over the past year, home values in Chana have increased by 5.5%. Over five years, prices have risen approximately 32.6%.
How much do I need to earn to buy a home in Chana?
To comfortably afford the median home price of $261,936 with a 20% down payment ($52,387) at today's rates (6.8%), you'd need a gross annual income of approximately $69,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Chana compare to the national average home price?
The national median home value is approximately $410,000. At $261,936, homes in Chana are 36% below the national average.
What metro area is Chana part of?
Chana is part of the Rochelle, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.