Market Overview
Home Prices in Vergennes, IL
The median home value in Vergennes, IL is $128,460 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.3% compared to a year ago and up 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Vergennes are priced69% below average. Vergennes is part of the Carbondale-Marion, IL metro area.
Over the past five years, Vergennes home values have risen by approximately26.6%, reflecting strong long-term appreciation in this market.
Price History
Vergennes Home Price Trend
City Comparison
Vergennes vs. National Median
At $128,460, homes in Vergennes cost 69% below the national median of $410,000. This makes Vergennes a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Vergennes?
20% Down Payment
$25,692
on $128,460
Monthly P&I
$670/mo
30-yr @ 6.8%
Total Monthly Est.
~$851/mo
incl. taxes & insurance
Income Needed
$34,040
gross annual (30% rule)
10% Down Option
$12,846
+ PMI applies
Loan Amount (20% dn)
$102,768
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 Vergennes, IL?
The median home value in Vergennes is $128,460 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.3% year-over-year.
How much have home prices changed in Vergennes?
Over the past year, home values in Vergennes have increased by 10.3%. Over five years, prices have risen approximately 26.6%.
How much do I need to earn to buy a home in Vergennes?
To comfortably afford the median home price of $128,460 with a 20% down payment ($25,692) at today's rates (6.8%), you'd need a gross annual income of approximately $34,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Vergennes compare to the national average home price?
The national median home value is approximately $410,000. At $128,460, homes in Vergennes are 69% below the national average.
What metro area is Vergennes part of?
Vergennes is part of the Carbondale-Marion, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.