Market Overview
Home Prices in Mount Carroll, IL
The median home value in Mount Carroll, IL is $154,625 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 14.1% compared to a year ago and up 10.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mount Carroll are priced62% below average.
Over the past five years, Mount Carroll home values have risen by approximately50.5%, reflecting strong long-term appreciation in this market.
Price History
Mount Carroll Home Price Trend
2020
$91,501
$92K
—
2021
$102,763
$103K
+12.3%
2022
$114,471
$114K
+11.4%
2023
$117,216
$117K
+2.4%
2024
$122,501
$123K
+4.5%
2025
$135,458
$135K
+10.6%
2026
$154,625
$155K
+14.1%
City Comparison
Mount Carroll vs. National Median
🏠 Mount Carroll
$154,625
National Median
$410,000
At $154,625, homes in Mount Carroll cost 62% below the national median of $410,000. This makes Mount Carroll a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mount Carroll?
20% Down Payment
$30,925
on $154,625
Monthly P&I
$806/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,024/mo
incl. taxes & insurance
Income Needed
$40,960
gross annual (30% rule)
10% Down Option
$15,463
+ PMI applies
Loan Amount (20% dn)
$123,700
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 Mount Carroll, IL?
The median home value in Mount Carroll is $154,625 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 14.1% year-over-year.
How much have home prices changed in Mount Carroll?
Over the past year, home values in Mount Carroll have increased by 14.1%. Over five years, prices have risen approximately 50.5%.
How much do I need to earn to buy a home in Mount Carroll?
To comfortably afford the median home price of $154,625 with a 20% down payment ($30,925) at today's rates (6.8%), you'd need a gross annual income of approximately $40,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Mount Carroll compare to the national average home price?
The national median home value is approximately $410,000. At $154,625, homes in Mount Carroll are 62% below the national average.