Market Overview
Home Prices in Martinton, IL
The median home value in Martinton, IL is $184,189 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.4% compared to a year ago and up 7.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Martinton are priced55% below average.
Over the past five years, Martinton home values have risen by approximately30.2%, reflecting strong long-term appreciation in this market.
Price History
Martinton Home Price Trend
2020
$129,464
$129K
—
2021
$141,508
$142K
+9.3%
2022
$157,913
$158K
+11.6%
2023
$158,784
$159K
+0.6%
2024
$160,438
$160K
+1.0%
2025
$173,051
$173K
+7.9%
2026
$184,189
$184K
+6.4%
City Comparison
Martinton vs. National Median
🏠 Martinton
$184,189
National Median
$410,000
At $184,189, homes in Martinton cost 55% below the national median of $410,000. This makes Martinton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Martinton?
20% Down Payment
$36,838
on $184,189
Monthly P&I
$961/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,220/mo
incl. taxes & insurance
Income Needed
$48,800
gross annual (30% rule)
10% Down Option
$18,419
+ PMI applies
Loan Amount (20% dn)
$147,351
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 Martinton, IL?
The median home value in Martinton is $184,189 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.4% year-over-year.
How much have home prices changed in Martinton?
Over the past year, home values in Martinton have increased by 6.4%. Over five years, prices have risen approximately 30.2%.
How much do I need to earn to buy a home in Martinton?
To comfortably afford the median home price of $184,189 with a 20% down payment ($36,838) at today's rates (6.8%), you'd need a gross annual income of approximately $48,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Martinton compare to the national average home price?
The national median home value is approximately $410,000. At $184,189, homes in Martinton are 55% below the national average.