Market Overview
Home Prices in New Boston, IL
The median home value in New Boston, IL is $141,047 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.1% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Boston are priced66% below average. New Boston is part of the Davenport-Moline-Rock Island, IA-IL metro area.
Over the past five years, New Boston home values have risen by approximately1.5%, reflecting modest growth in this market.
Price History
New Boston Home Price Trend
City Comparison
New Boston vs. National Median
At $141,047, homes in New Boston cost 66% below the national median of $410,000. This makes New Boston a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Boston?
20% Down Payment
$28,209
on $141,047
Monthly P&I
$736/mo
30-yr @ 6.8%
Total Monthly Est.
~$935/mo
incl. taxes & insurance
Income Needed
$37,400
gross annual (30% rule)
10% Down Option
$14,105
+ PMI applies
Loan Amount (20% dn)
$112,838
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 New Boston, IL?
The median home value in New Boston is $141,047 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.1% year-over-year.
How much have home prices changed in New Boston?
Over the past year, home values in New Boston have increased by 9.1%. Over five years, prices have risen approximately 1.5%.
How much do I need to earn to buy a home in New Boston?
To comfortably afford the median home price of $141,047 with a 20% down payment ($28,209) at today's rates (6.8%), you'd need a gross annual income of approximately $37,400. This assumes keeping total housing costs at or below 30% of gross income.
How does New Boston compare to the national average home price?
The national median home value is approximately $410,000. At $141,047, homes in New Boston are 66% below the national average.
What metro area is New Boston part of?
New Boston is part of the Davenport-Moline-Rock Island, IA-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.