Market Overview
Home Prices in Wenona, IL
The median home value in Wenona, IL is $120,852 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 11.4% compared to a year ago and up 7.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wenona are priced71% below average. Wenona is part of the Peoria, IL metro area.
Over the past five years, Wenona home values have risen by approximately13.1%, reflecting steady appreciation in this market.
Price History
Wenona Home Price Trend
City Comparison
Wenona vs. National Median
At $120,852, homes in Wenona cost 71% below the national median of $410,000. This makes Wenona a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Wenona?
20% Down Payment
$24,170
on $120,852
Monthly P&I
$630/mo
30-yr @ 6.8%
Total Monthly Est.
~$800/mo
incl. taxes & insurance
Income Needed
$32,000
gross annual (30% rule)
10% Down Option
$12,085
+ PMI applies
Loan Amount (20% dn)
$96,682
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 Wenona, IL?
The median home value in Wenona is $120,852 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 11.4% year-over-year.
How much have home prices changed in Wenona?
Over the past year, home values in Wenona have decreased by 11.4%. Over five years, prices have risen approximately 13.1%.
How much do I need to earn to buy a home in Wenona?
To comfortably afford the median home price of $120,852 with a 20% down payment ($24,170) at today's rates (6.8%), you'd need a gross annual income of approximately $32,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Wenona compare to the national average home price?
The national median home value is approximately $410,000. At $120,852, homes in Wenona are 71% below the national average.
What metro area is Wenona part of?
Wenona is part of the Peoria, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.