Home›Illinois›Concord
📍 Concord, IL · Zillow ZHVI · July 2026

Average Home Price in
Concord, IL

Jacksonville, IL metro area · Morgan County County

Median Home Value
$128,850
↓ 4.6% year-over-year
vs. National Median
$410,000
Concord is 69% below
Est. Monthly Payment
$672/mo
20% down · 6.8% rate
Income Needed
$34K
gross annual (30% rule)
Median Home Value
$128,850
↓ 4.6% year-over-year
Down Payment (20%)$25,770
Monthly P&I$672/mo
With Taxes & Ins.~$853/mo
Income Needed$34,120/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Concord, IL

The median home value in Concord, IL is $128,850 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.6% compared to a year ago and up 3.7% from two years prior.

Compared to the U.S. national median of $410,000, homes in Concord are priced69% below average. Concord is part of the Jacksonville, IL metro area.

City Comparison

Concord vs. National Median

🏠 Concord
$128,850
National Median
$410,000

At $128,850, homes in Concord cost 69% below the national median of $410,000. This makes Concord a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Concord?

20% Down Payment
$25,770
on $128,850
Monthly P&I
$672/mo
30-yr @ 6.8%
Total Monthly Est.
~$853/mo
incl. taxes & insurance
Income Needed
$34,120
gross annual (30% rule)
10% Down Option
$12,885
+ PMI applies
Loan Amount (20% dn)
$103,080
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 Concord, IL?
The median home value in Concord is $128,850 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.6% year-over-year.
How much have home prices changed in Concord?
Over the past year, home values in Concord have decreased by 4.6%.
How much do I need to earn to buy a home in Concord?
To comfortably afford the median home price of $128,850 with a 20% down payment ($25,770) at today's rates (6.8%), you'd need a gross annual income of approximately $34,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Concord compare to the national average home price?
The national median home value is approximately $410,000. At $128,850, homes in Concord are 69% below the national average.
What metro area is Concord part of?
Concord is part of the Jacksonville, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.