Market Overview
Home Prices in Pierron, IL
The median home value in Pierron, IL is $142,109 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 20.4% compared to a year ago and down 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pierron are priced65% below average. Pierron is part of the St. Louis, MO-IL metro area.
Over the past five years, Pierron home values have risen by approximately18.4%, reflecting steady appreciation in this market.
Price History
Pierron Home Price Trend
City Comparison
Pierron vs. National Median
At $142,109, homes in Pierron cost 65% below the national median of $410,000. This makes Pierron a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pierron?
20% Down Payment
$28,422
on $142,109
Monthly P&I
$741/mo
30-yr @ 6.8%
Total Monthly Est.
~$941/mo
incl. taxes & insurance
Income Needed
$37,640
gross annual (30% rule)
10% Down Option
$14,211
+ PMI applies
Loan Amount (20% dn)
$113,687
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 Pierron, IL?
The median home value in Pierron is $142,109 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 20.4% year-over-year.
How much have home prices changed in Pierron?
Over the past year, home values in Pierron have increased by 20.4%. Over five years, prices have risen approximately 18.4%.
How much do I need to earn to buy a home in Pierron?
To comfortably afford the median home price of $142,109 with a 20% down payment ($28,422) at today's rates (6.8%), you'd need a gross annual income of approximately $37,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Pierron compare to the national average home price?
The national median home value is approximately $410,000. At $142,109, homes in Pierron are 65% below the national average.
What metro area is Pierron part of?
Pierron is part of the St. Louis, MO-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.