October's First-Time Homebuyer Report for Iroquois County

Iroquois County has a much younger population than other areas in Illinois with a median age of 43 years. It is also somewhat affluent with a median income of $45,392 per household. Watseka, Gilman, and Clifton are the three largest cities in terms of population. The Iroquois County market almost exclusively consists of detached houses, accounting for 99% of the current homes in the area. Leading the list of best schools in the county are Crescent City Grade School and Cissna Park Jr High School.

Price Range

Iroquois County has some of the more expensive homes in the state with a median home value of $100,100 and a current average list price of $95,832. Chebanse, Clifton, and Ashkum have the highest worth in the county. The Iroquois County market warmed up this week as sales climbed 11.1% to hit 20 homes sold over the last 30 days.

Curious as to which homes have been getting the most attention in Iroquois County? These listings have stirred up interest and produced the most views:

$289K   $195K   $117K  

Typical Dwelling

A three-bedroom detached home valued around $117,296 is considered a typical dwelling in Iroquois County. If a buyer was looking for a similar home, they would need good credit and a $23,459 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $564 and the property tax rate is $16.29 per $1,000 of taxable assessed value.

Get started right now by checking out Iroquois County homes for sale or reviewing Iroquois County real estate trends.


Data reported through 10/13/2016

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