Market Overview
Home Prices in Parkersburg, IL
The median home value in Parkersburg, IL is $140,367 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 15.2% 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 Parkersburg are priced66% below average.
Price History
Parkersburg Home Price Trend
2024
$121,995
$122K
—
2025
$121,807
$122K
-0.2%
2026
$140,367
$140K
+15.2%
City Comparison
Parkersburg vs. National Median
🏠 Parkersburg
$140,367
National Median
$410,000
At $140,367, homes in Parkersburg cost 66% below the national median of $410,000. This makes Parkersburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Parkersburg?
20% Down Payment
$28,073
on $140,367
Monthly P&I
$732/mo
30-yr @ 6.8%
Total Monthly Est.
~$930/mo
incl. taxes & insurance
Income Needed
$37,200
gross annual (30% rule)
10% Down Option
$14,037
+ PMI applies
Loan Amount (20% dn)
$112,294
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 Parkersburg, IL?
The median home value in Parkersburg is $140,367 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 15.2% year-over-year.
How much have home prices changed in Parkersburg?
Over the past year, home values in Parkersburg have increased by 15.2%.
How much do I need to earn to buy a home in Parkersburg?
To comfortably afford the median home price of $140,367 with a 20% down payment ($28,073) at today's rates (6.8%), you'd need a gross annual income of approximately $37,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Parkersburg compare to the national average home price?
The national median home value is approximately $410,000. At $140,367, homes in Parkersburg are 66% below the national average.