Market Overview
Home Prices in New Holland, IL
The median home value in New Holland, IL is $164,295 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.8% compared to a year ago and down 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Holland are priced60% below average. New Holland is part of the Lincoln, IL metro area.
Over the past five years, New Holland home values have fallen by approximately9.0%, reflecting softening conditions in this market.
Price History
New Holland Home Price Trend
City Comparison
New Holland vs. National Median
At $164,295, homes in New Holland cost 60% below the national median of $410,000. This makes New Holland a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Holland?
20% Down Payment
$32,859
on $164,295
Monthly P&I
$857/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,088/mo
incl. taxes & insurance
Income Needed
$43,520
gross annual (30% rule)
10% Down Option
$16,430
+ PMI applies
Loan Amount (20% dn)
$131,436
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 Holland, IL?
The median home value in New Holland is $164,295 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.8% year-over-year.
How much have home prices changed in New Holland?
Over the past year, home values in New Holland have decreased by 0.8%. Over five years, prices have fallen approximately 9.0%.
How much do I need to earn to buy a home in New Holland?
To comfortably afford the median home price of $164,295 with a 20% down payment ($32,859) at today's rates (6.8%), you'd need a gross annual income of approximately $43,520. This assumes keeping total housing costs at or below 30% of gross income.
How does New Holland compare to the national average home price?
The national median home value is approximately $410,000. At $164,295, homes in New Holland are 60% below the national average.
What metro area is New Holland part of?
New Holland is part of the Lincoln, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.