Market Overview
Home Prices in McLeansboro, IL
The median home value in McLeansboro, IL is $93,525 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 7.6% compared to a year ago and down 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in McLeansboro are priced77% below average.
Over the past five years, McLeansboro home values have fallen by approximately26.6%, reflecting softening conditions in this market.
Price History
McLeansboro Home Price Trend
2020
$126,327
$126K
—
2021
$127,390
$127K
+0.8%
2022
$116,128
$116K
-8.8%
2023
$112,523
$113K
-3.1%
2024
$101,370
$101K
-9.9%
2025
$101,203
$101K
-0.2%
2026
$93,525
$94K
-7.6%
City Comparison
McLeansboro vs. National Median
🏠 McLeansboro
$93,525
National Median
$410,000
At $93,525, homes in McLeansboro cost 77% below the national median of $410,000. This makes McLeansboro a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in McLeansboro?
20% Down Payment
$18,705
on $93,525
Monthly P&I
$488/mo
30-yr @ 6.8%
Total Monthly Est.
~$620/mo
incl. taxes & insurance
Income Needed
$24,800
gross annual (30% rule)
10% Down Option
$9,353
+ PMI applies
Loan Amount (20% dn)
$74,820
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 McLeansboro, IL?
The median home value in McLeansboro is $93,525 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 7.6% year-over-year.
How much have home prices changed in McLeansboro?
Over the past year, home values in McLeansboro have decreased by 7.6%. Over five years, prices have fallen approximately 26.6%.
How much do I need to earn to buy a home in McLeansboro?
To comfortably afford the median home price of $93,525 with a 20% down payment ($18,705) at today's rates (6.8%), you'd need a gross annual income of approximately $24,800. This assumes keeping total housing costs at or below 30% of gross income.
How does McLeansboro compare to the national average home price?
The national median home value is approximately $410,000. At $93,525, homes in McLeansboro are 77% below the national average.