Market Overview
Home Prices in Manteno, IL
The median home value in Manteno, IL is $317,665 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.3% compared to a year ago and up 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Manteno are priced23% below average. Manteno is part of the Kankakee, IL metro area.
Over the past five years, Manteno home values have risen by approximately32.9%, reflecting strong long-term appreciation in this market.
Price History
Manteno Home Price Trend
City Comparison
Manteno vs. National Median
At $317,665, homes in Manteno cost 23% below the national median of $410,000. This makes Manteno a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Manteno?
20% Down Payment
$63,533
on $317,665
Monthly P&I
$1,657/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,104/mo
incl. taxes & insurance
Income Needed
$84,160
gross annual (30% rule)
10% Down Option
$31,767
+ PMI applies
Loan Amount (20% dn)
$254,132
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 Manteno, IL?
The median home value in Manteno is $317,665 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.3% year-over-year.
How much have home prices changed in Manteno?
Over the past year, home values in Manteno have increased by 3.3%. Over five years, prices have risen approximately 32.9%.
How much do I need to earn to buy a home in Manteno?
To comfortably afford the median home price of $317,665 with a 20% down payment ($63,533) at today's rates (6.8%), you'd need a gross annual income of approximately $84,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Manteno compare to the national average home price?
The national median home value is approximately $410,000. At $317,665, homes in Manteno are 23% below the national average.
What metro area is Manteno part of?
Manteno is part of the Kankakee, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.