Market Overview
Home Prices in Reddick, IL
The median home value in Reddick, IL is $258,625 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 12.5% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Reddick are priced37% below average. Reddick is part of the Kankakee, IL metro area.
Over the past five years, Reddick home values have risen by approximately32.1%, reflecting strong long-term appreciation in this market.
Price History
Reddick Home Price Trend
City Comparison
Reddick vs. National Median
At $258,625, homes in Reddick cost 37% below the national median of $410,000. This makes Reddick a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Reddick?
20% Down Payment
$51,725
on $258,625
Monthly P&I
$1,349/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,713/mo
incl. taxes & insurance
Income Needed
$68,520
gross annual (30% rule)
10% Down Option
$25,863
+ PMI applies
Loan Amount (20% dn)
$206,900
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 Reddick, IL?
The median home value in Reddick is $258,625 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 12.5% year-over-year.
How much have home prices changed in Reddick?
Over the past year, home values in Reddick have increased by 12.5%. Over five years, prices have risen approximately 32.1%.
How much do I need to earn to buy a home in Reddick?
To comfortably afford the median home price of $258,625 with a 20% down payment ($51,725) at today's rates (6.8%), you'd need a gross annual income of approximately $68,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Reddick compare to the national average home price?
The national median home value is approximately $410,000. At $258,625, homes in Reddick are 37% below the national average.
What metro area is Reddick part of?
Reddick is part of the Kankakee, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.