Market Overview
Home Prices in Eureka, IL
The median home value in Eureka, IL is $218,414 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.9% 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 Eureka are priced47% below average. Eureka is part of the Peoria, IL metro area.
Over the past five years, Eureka home values have risen by approximately30.4%, reflecting strong long-term appreciation in this market.
Price History
Eureka Home Price Trend
City Comparison
Eureka vs. National Median
At $218,414, homes in Eureka cost 47% below the national median of $410,000. This makes Eureka a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Eureka?
20% Down Payment
$43,683
on $218,414
Monthly P&I
$1,139/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,447/mo
incl. taxes & insurance
Income Needed
$57,880
gross annual (30% rule)
10% Down Option
$21,841
+ PMI applies
Loan Amount (20% dn)
$174,731
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 Eureka, IL?
The median home value in Eureka is $218,414 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.9% year-over-year.
How much have home prices changed in Eureka?
Over the past year, home values in Eureka have increased by 8.9%. Over five years, prices have risen approximately 30.4%.
How much do I need to earn to buy a home in Eureka?
To comfortably afford the median home price of $218,414 with a 20% down payment ($43,683) at today's rates (6.8%), you'd need a gross annual income of approximately $57,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Eureka compare to the national average home price?
The national median home value is approximately $410,000. At $218,414, homes in Eureka are 47% below the national average.
What metro area is Eureka part of?
Eureka is part of the Peoria, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.