Market Overview
Home Prices in Warrensburg, IL
The median home value in Warrensburg, IL is $172,534 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 12.6% compared to a year ago and up 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Warrensburg are priced58% below average. Warrensburg is part of the Decatur, IL metro area.
Over the past five years, Warrensburg home values have risen by approximately35.6%, reflecting strong long-term appreciation in this market.
Price History
Warrensburg Home Price Trend
City Comparison
Warrensburg vs. National Median
At $172,534, homes in Warrensburg cost 58% below the national median of $410,000. This makes Warrensburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Warrensburg?
20% Down Payment
$34,507
on $172,534
Monthly P&I
$900/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,143/mo
incl. taxes & insurance
Income Needed
$45,720
gross annual (30% rule)
10% Down Option
$17,253
+ PMI applies
Loan Amount (20% dn)
$138,027
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 Warrensburg, IL?
The median home value in Warrensburg is $172,534 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 12.6% year-over-year.
How much have home prices changed in Warrensburg?
Over the past year, home values in Warrensburg have increased by 12.6%. Over five years, prices have risen approximately 35.6%.
How much do I need to earn to buy a home in Warrensburg?
To comfortably afford the median home price of $172,534 with a 20% down payment ($34,507) at today's rates (6.8%), you'd need a gross annual income of approximately $45,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Warrensburg compare to the national average home price?
The national median home value is approximately $410,000. At $172,534, homes in Warrensburg are 58% below the national average.
What metro area is Warrensburg part of?
Warrensburg is part of the Decatur, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.