Hamilton County, Illinois home prices
Typical home $119,299 · -2.5% in a year · property tax 1.33%
The typical home in Hamilton County is worth $119,299, 60% less than the Illinois typical home ($295,943). Values changed -2.5% in the past year and -21.1% over five years. Homeowners here pay a median 1.33% of their home's value in property tax each year ($1,586 on the typical home), versus 1.92% statewide.
Mortgage on the typical Hamilton County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $23,860 | $95,439 | $642 | $0 | $192 | $834 | $35,700 |
| 10% down | $11,930 | $107,369 | $722 | $45 | $192 | $959 | $41,100 |
| 5% down | $5,965 | $113,334 | $762 | $47 | $192 | $1,001 | $42,900 |
| 3.5% down (FHA) | $4,175 | $117,138 | $788 | $53 | $192 | $1,033 | $44,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.33% 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.
Illinois counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Perry County | $118,878 | +0.9% | 1.6% |
| Edwards County | $118,550 | +0.6% | 1.45% |
| Knox County | $120,138 | +11.8% | 1.96% |
| Warren County | $118,135 | -0.0% | 1.81% |
| Pike County | $120,686 | +5.3% | 1.53% |
| Fulton County | $121,016 | +5.4% | 2.14% |
| White County | $117,551 | +7.7% | 1.34% |
| Massac County | $117,414 | +3.1% | 1.4% |
| Hancock County | $115,014 | +2.5% | 1.81% |
| Greene County | $123,704 | +3.6% | 1.74% |
Frequently asked questions
What is the average home price in Hamilton County, IL?
The typical home value in Hamilton County is $119,299 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Hamilton County?
About $35,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Hamilton County?
The median effective rate is 1.33% of home value a year (Census ACS 2024 5-year estimates).