Market Overview
Home Prices in Jacksonville, IL
The median home value in Jacksonville, IL is $142,987 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.2% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Jacksonville are priced65% below average. Jacksonville is part of the Jacksonville, IL metro area.
Over the past five years, Jacksonville home values have risen by approximately19.0%, reflecting steady appreciation in this market.
Price History
Jacksonville Home Price Trend
City Comparison
Jacksonville vs. National Median
At $142,987, homes in Jacksonville cost 65% below the national median of $410,000. This makes Jacksonville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Jacksonville?
20% Down Payment
$28,597
on $142,987
Monthly P&I
$746/mo
30-yr @ 6.8%
Total Monthly Est.
~$947/mo
incl. taxes & insurance
Income Needed
$37,880
gross annual (30% rule)
10% Down Option
$14,299
+ PMI applies
Loan Amount (20% dn)
$114,390
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 Jacksonville, IL?
The median home value in Jacksonville is $142,987 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.2% year-over-year.
How much have home prices changed in Jacksonville?
Over the past year, home values in Jacksonville have increased by 4.2%. Over five years, prices have risen approximately 19.0%.
How much do I need to earn to buy a home in Jacksonville?
To comfortably afford the median home price of $142,987 with a 20% down payment ($28,597) at today's rates (6.8%), you'd need a gross annual income of approximately $37,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Jacksonville compare to the national average home price?
The national median home value is approximately $410,000. At $142,987, homes in Jacksonville are 65% below the national average.
What metro area is Jacksonville part of?
Jacksonville is part of the Jacksonville, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.