Market Overview
Home Prices in Yates City, IL
The median home value in Yates City, IL is $133,683 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 20.9% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Yates City are priced67% below average. Yates City is part of the Galesburg, IL metro area.
Over the past five years, Yates City home values have risen by approximately40.1%, reflecting strong long-term appreciation in this market.
Price History
Yates City Home Price Trend
City Comparison
Yates City vs. National Median
At $133,683, homes in Yates City cost 67% below the national median of $410,000. This makes Yates City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Yates City?
20% Down Payment
$26,737
on $133,683
Monthly P&I
$697/mo
30-yr @ 6.8%
Total Monthly Est.
~$885/mo
incl. taxes & insurance
Income Needed
$35,400
gross annual (30% rule)
10% Down Option
$13,368
+ PMI applies
Loan Amount (20% dn)
$106,946
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 Yates City, IL?
The median home value in Yates City is $133,683 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 20.9% year-over-year.
How much have home prices changed in Yates City?
Over the past year, home values in Yates City have increased by 20.9%. Over five years, prices have risen approximately 40.1%.
How much do I need to earn to buy a home in Yates City?
To comfortably afford the median home price of $133,683 with a 20% down payment ($26,737) at today's rates (6.8%), you'd need a gross annual income of approximately $35,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Yates City compare to the national average home price?
The national median home value is approximately $410,000. At $133,683, homes in Yates City are 67% below the national average.
What metro area is Yates City part of?
Yates City is part of the Galesburg, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.