Market Overview
Home Prices in Roxana, IL
The median home value in Roxana, IL is $111,234 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.1% compared to a year ago and down 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Roxana are priced73% below average. Roxana is part of the St. Louis, MO-IL metro area.
Over the past five years, Roxana home values have risen by approximately15.0%, reflecting steady appreciation in this market.
Price History
Roxana Home Price Trend
City Comparison
Roxana vs. National Median
At $111,234, homes in Roxana cost 73% below the national median of $410,000. This makes Roxana a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Roxana?
20% Down Payment
$22,247
on $111,234
Monthly P&I
$580/mo
30-yr @ 6.8%
Total Monthly Est.
~$737/mo
incl. taxes & insurance
Income Needed
$29,480
gross annual (30% rule)
10% Down Option
$11,123
+ PMI applies
Loan Amount (20% dn)
$88,987
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 Roxana, IL?
The median home value in Roxana is $111,234 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.1% year-over-year.
How much have home prices changed in Roxana?
Over the past year, home values in Roxana have decreased by 3.1%. Over five years, prices have risen approximately 15.0%.
How much do I need to earn to buy a home in Roxana?
To comfortably afford the median home price of $111,234 with a 20% down payment ($22,247) at today's rates (6.8%), you'd need a gross annual income of approximately $29,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Roxana compare to the national average home price?
The national median home value is approximately $410,000. At $111,234, homes in Roxana are 73% below the national average.
What metro area is Roxana part of?
Roxana is part of the St. Louis, MO-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.