Market Overview
Home Prices in Ewing, IL
The median home value in Ewing, IL is $166,754 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.5% compared to a year ago and down 8.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ewing are priced59% below average.
Over the past five years, Ewing home values have fallen by approximately7.1%, reflecting softening conditions in this market.
Price History
Ewing Home Price Trend
2020
$172,308
$172K
—
2021
$179,421
$179K
+4.1%
2022
$185,330
$185K
+3.3%
2023
$184,271
$184K
-0.6%
2024
$166,719
$167K
-9.5%
2025
$152,281
$152K
-8.7%
2026
$166,754
$167K
+9.5%
City Comparison
Ewing vs. National Median
🏠 Ewing
$166,754
National Median
$410,000
At $166,754, homes in Ewing cost 59% below the national median of $410,000. This makes Ewing a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ewing?
20% Down Payment
$33,351
on $166,754
Monthly P&I
$870/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,105/mo
incl. taxes & insurance
Income Needed
$44,200
gross annual (30% rule)
10% Down Option
$16,675
+ PMI applies
Loan Amount (20% dn)
$133,403
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 Ewing, IL?
The median home value in Ewing is $166,754 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.5% year-over-year.
How much have home prices changed in Ewing?
Over the past year, home values in Ewing have increased by 9.5%. Over five years, prices have fallen approximately 7.1%.
How much do I need to earn to buy a home in Ewing?
To comfortably afford the median home price of $166,754 with a 20% down payment ($33,351) at today's rates (6.8%), you'd need a gross annual income of approximately $44,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Ewing compare to the national average home price?
The national median home value is approximately $410,000. At $166,754, homes in Ewing are 59% below the national average.