Market Overview
Home Prices in Elizabethtown, IL
The median home value in Elizabethtown, IL is $138,643 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.4% compared to a year ago and down 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Elizabethtown are priced66% below average.
Over the past five years, Elizabethtown home values have risen by approximately10.5%, reflecting steady appreciation in this market.
Price History
Elizabethtown Home Price Trend
2020
$108,487
$108K
—
2021
$125,465
$125K
+15.6%
2022
$129,438
$129K
+3.2%
2023
$121,528
$122K
-6.1%
2024
$134,642
$135K
+10.8%
2025
$127,958
$128K
-5.0%
2026
$138,643
$139K
+8.4%
City Comparison
Elizabethtown vs. National Median
🏠 Elizabethtown
$138,643
National Median
$410,000
At $138,643, homes in Elizabethtown cost 66% below the national median of $410,000. This makes Elizabethtown a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Elizabethtown?
20% Down Payment
$27,729
on $138,643
Monthly P&I
$723/mo
30-yr @ 6.8%
Total Monthly Est.
~$918/mo
incl. taxes & insurance
Income Needed
$36,720
gross annual (30% rule)
10% Down Option
$13,864
+ PMI applies
Loan Amount (20% dn)
$110,914
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 Elizabethtown, IL?
The median home value in Elizabethtown is $138,643 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.4% year-over-year.
How much have home prices changed in Elizabethtown?
Over the past year, home values in Elizabethtown have increased by 8.4%. Over five years, prices have risen approximately 10.5%.
How much do I need to earn to buy a home in Elizabethtown?
To comfortably afford the median home price of $138,643 with a 20% down payment ($27,729) at today's rates (6.8%), you'd need a gross annual income of approximately $36,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Elizabethtown compare to the national average home price?
The national median home value is approximately $410,000. At $138,643, homes in Elizabethtown are 66% below the national average.