Market Overview
Home Prices in Jewett, IL
The median home value in Jewett, IL is $179,815 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 19.5% compared to a year ago and up 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Jewett are priced56% below average. Jewett is part of the Charleston-Mattoon, IL metro area.
Over the past five years, Jewett home values have risen by approximately37.6%, reflecting strong long-term appreciation in this market.
Price History
Jewett Home Price Trend
City Comparison
Jewett vs. National Median
At $179,815, homes in Jewett cost 56% below the national median of $410,000. This makes Jewett a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Jewett?
20% Down Payment
$35,963
on $179,815
Monthly P&I
$938/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,191/mo
incl. taxes & insurance
Income Needed
$47,640
gross annual (30% rule)
10% Down Option
$17,982
+ PMI applies
Loan Amount (20% dn)
$143,852
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 Jewett, IL?
The median home value in Jewett is $179,815 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 19.5% year-over-year.
How much have home prices changed in Jewett?
Over the past year, home values in Jewett have increased by 19.5%. Over five years, prices have risen approximately 37.6%.
How much do I need to earn to buy a home in Jewett?
To comfortably afford the median home price of $179,815 with a 20% down payment ($35,963) at today's rates (6.8%), you'd need a gross annual income of approximately $47,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Jewett compare to the national average home price?
The national median home value is approximately $410,000. At $179,815, homes in Jewett are 56% below the national average.
What metro area is Jewett part of?
Jewett is part of the Charleston-Mattoon, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.