Coles County, Illinois home prices
Typical home $145,077 · +5.4% in a year · property tax 1.94%
The typical home in Coles County is worth $145,077, 51% less than the Illinois typical home ($295,943). Values changed +5.4% in the past year and +30.3% over five years. Homeowners here pay a median 1.94% of their home's value in property tax each year ($2,817 on the typical home), versus 1.92% statewide.
Mortgage on the typical Coles County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $29,015 | $116,062 | $781 | $0 | $307 | $1,088 | $46,600 |
| 10% down | $14,508 | $130,570 | $878 | $54 | $307 | $1,240 | $53,100 |
| 5% down | $7,254 | $137,824 | $927 | $57 | $307 | $1,292 | $55,400 |
| 3.5% down (FHA) | $5,078 | $142,450 | $958 | $64 | $307 | $1,330 | $57,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.94% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Illinois · part of the Charleston metro area.
Illinois counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Macoupin County | $144,350 | +2.3% | 1.5% |
| Marshall County | $143,851 | +8.1% | 1.94% |
| Whiteside County | $146,857 | +3.5% | 2.04% |
| Jefferson County | $147,115 | +8.4% | 1.7% |
| Logan County | $142,869 | +7.4% | 1.77% |
| Stark County | $142,649 | +8.8% | 1.69% |
| Richland County | $140,972 | +8.6% | 1.58% |
| Union County | $150,664 | +0.2% | 1.3% |
| Clark County | $151,351 | +10.6% | 1.56% |
| Randolph County | $151,574 | +6.6% | 1.43% |
Frequently asked questions
What is the average home price in Coles County, IL?
The typical home value in Coles County is $145,077 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Coles County?
About $46,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Coles County?
The median effective rate is 1.94% of home value a year (Census ACS 2024 5-year estimates).