Market Overview
Home Prices in Mount Zion, IL
The median home value in Mount Zion, IL is $202,075 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and up 5.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mount Zion are priced51% below average. Mount Zion is part of the Decatur, IL metro area.
Over the past five years, Mount Zion home values have risen by approximately26.6%, reflecting strong long-term appreciation in this market.
Price History
Mount Zion Home Price Trend
City Comparison
Mount Zion vs. National Median
At $202,075, homes in Mount Zion cost 51% below the national median of $410,000. This makes Mount Zion a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mount Zion?
20% Down Payment
$40,415
on $202,075
Monthly P&I
$1,054/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,339/mo
incl. taxes & insurance
Income Needed
$53,560
gross annual (30% rule)
10% Down Option
$20,208
+ PMI applies
Loan Amount (20% dn)
$161,660
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 Zion, IL?
The median home value in Mount Zion is $202,075 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in Mount Zion?
Over the past year, home values in Mount Zion have increased by 5%. Over five years, prices have risen approximately 26.6%.
How much do I need to earn to buy a home in Mount Zion?
To comfortably afford the median home price of $202,075 with a 20% down payment ($40,415) at today's rates (6.8%), you'd need a gross annual income of approximately $53,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Mount Zion compare to the national average home price?
The national median home value is approximately $410,000. At $202,075, homes in Mount Zion are 51% below the national average.
What metro area is Mount Zion part of?
Mount Zion is part of the Decatur, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.