Market Overview
Home Prices in Weldon, IL
The median home value in Weldon, IL is $131,787 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.6% compared to a year ago and up 8.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Weldon are priced68% below average.
Price History
Weldon Home Price Trend
2024
$108,393
$108K
—
2025
$118,082
$118K
+8.9%
2026
$131,787
$132K
+11.6%
City Comparison
Weldon vs. National Median
🏠 Weldon
$131,787
National Median
$410,000
At $131,787, homes in Weldon cost 68% below the national median of $410,000. This makes Weldon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Weldon?
20% Down Payment
$26,357
on $131,787
Monthly P&I
$687/mo
30-yr @ 6.8%
Total Monthly Est.
~$872/mo
incl. taxes & insurance
Income Needed
$34,880
gross annual (30% rule)
10% Down Option
$13,179
+ PMI applies
Loan Amount (20% dn)
$105,430
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 Weldon, IL?
The median home value in Weldon is $131,787 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.6% year-over-year.
How much have home prices changed in Weldon?
Over the past year, home values in Weldon have increased by 11.6%.
How much do I need to earn to buy a home in Weldon?
To comfortably afford the median home price of $131,787 with a 20% down payment ($26,357) at today's rates (6.8%), you'd need a gross annual income of approximately $34,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Weldon compare to the national average home price?
The national median home value is approximately $410,000. At $131,787, homes in Weldon are 68% below the national average.