Piatt County, Illinois home prices
Typical home $242,033 · +3.1% in a year · property tax 1.81%
The typical home in Piatt County is worth $242,033, 18% less than the Illinois typical home ($295,943). Values changed +3.1% in the past year and +25.0% over five years. Homeowners here pay a median 1.81% of their home's value in property tax each year ($4,376 on the typical home), versus 1.92% statewide.
Mortgage on the typical Piatt County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $48,407 | $193,626 | $1,303 | $0 | $486 | $1,788 | $76,600 |
| 10% down | $24,203 | $217,829 | $1,465 | $91 | $486 | $2,042 | $87,500 |
| 5% down | $12,102 | $229,931 | $1,547 | $96 | $486 | $2,128 | $91,200 |
| 3.5% down (FHA) | $8,471 | $237,649 | $1,599 | $107 | $486 | $2,191 | $93,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.81% 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 Champaign metro area.
Illinois counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Champaign County | $238,398 | +5.0% | 2.06% |
| Jo Daviess County | $246,045 | +3.4% | 1.72% |
| Ogle County | $238,006 | +8.4% | 2.06% |
| Woodford County | $235,906 | +8.9% | 2.13% |
| Kankakee County | $227,163 | +6.0% | 2.21% |
| Clinton County | $225,207 | +6.4% | 1.83% |
| McLean County | $260,569 | +1.9% | 2.17% |
| Effingham County | $218,457 | +3.5% | 1.49% |
| Winnebago County | $211,111 | +8.9% | 2.39% |
| Menard County | $209,256 | +7.0% | 1.72% |
Frequently asked questions
What is the average home price in Piatt County, IL?
The typical home value in Piatt County is $242,033 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Piatt County?
About $76,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Piatt County?
The median effective rate is 1.81% of home value a year (Census ACS 2024 5-year estimates).