Winnebago County, Illinois home prices
Typical home $211,111 · +8.9% in a year · property tax 2.39%
The typical home in Winnebago County is worth $211,111, 29% less than the Illinois typical home ($295,943). Values changed +8.9% in the past year and +55.4% over five years. Homeowners here pay a median 2.39% of their home's value in property tax each year ($5,044 on the typical home), versus 1.92% statewide.
Mortgage on the typical Winnebago County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $42,222 | $168,889 | $1,136 | $0 | $526 | $1,662 | $71,200 |
| 10% down | $21,111 | $190,000 | $1,278 | $79 | $526 | $1,883 | $80,700 |
| 5% down | $10,556 | $200,556 | $1,349 | $84 | $526 | $1,959 | $83,900 |
| 3.5% down (FHA) | $7,389 | $207,287 | $1,394 | $93 | $526 | $2,014 | $86,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.39% 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 Rockford metro area.
Illinois counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Menard County | $209,256 | +7.0% | 1.72% |
| Jersey County | $203,810 | +3.9% | 1.76% |
| Effingham County | $218,457 | +3.5% | 1.49% |
| Sangamon County | $200,144 | +7.5% | 1.99% |
| Calhoun County | $198,789 | +7.3% | 1.39% |
| Madison County | $197,597 | +5.3% | 1.92% |
| Clinton County | $225,207 | +6.4% | 1.83% |
| Kankakee County | $227,163 | +6.0% | 2.21% |
| La Salle County | $194,863 | +5.4% | 2.11% |
| Tazewell County | $189,622 | +6.5% | 2.11% |
Frequently asked questions
What is the average home price in Winnebago County, IL?
The typical home value in Winnebago County is $211,111 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Winnebago County?
About $71,200 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Winnebago County?
The median effective rate is 2.39% of home value a year (Census ACS 2024 5-year estimates).