Market Overview
Home Prices in Goodfield, IL
The median home value in Goodfield, IL is $296,291 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.3% compared to a year ago and up 11.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Goodfield are priced28% below average. Goodfield is part of the Peoria, IL metro area.
Over the past five years, Goodfield home values have risen by approximately29.2%, reflecting strong long-term appreciation in this market.
Price History
Goodfield Home Price Trend
City Comparison
Goodfield vs. National Median
At $296,291, homes in Goodfield cost 28% below the national median of $410,000. This makes Goodfield a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Goodfield?
20% Down Payment
$59,258
on $296,291
Monthly P&I
$1,545/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,962/mo
incl. taxes & insurance
Income Needed
$78,480
gross annual (30% rule)
10% Down Option
$29,629
+ PMI applies
Loan Amount (20% dn)
$237,033
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 Goodfield, IL?
The median home value in Goodfield is $296,291 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.3% year-over-year.
How much have home prices changed in Goodfield?
Over the past year, home values in Goodfield have increased by 10.3%. Over five years, prices have risen approximately 29.2%.
How much do I need to earn to buy a home in Goodfield?
To comfortably afford the median home price of $296,291 with a 20% down payment ($59,258) at today's rates (6.8%), you'd need a gross annual income of approximately $78,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Goodfield compare to the national average home price?
The national median home value is approximately $410,000. At $296,291, homes in Goodfield are 28% below the national average.
What metro area is Goodfield part of?
Goodfield is part of the Peoria, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.