Woodford County, Illinois home prices
Typical home $235,906 · +8.9% in a year · property tax 2.13%
The typical home in Woodford County is worth $235,906, 20% less than the Illinois typical home ($295,943). Values changed +8.9% in the past year and +31.0% over five years. Homeowners here pay a median 2.13% of their home's value in property tax each year ($5,032 on the typical home), versus 1.92% statewide.
Mortgage on the typical Woodford County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $47,181 | $188,725 | $1,270 | $0 | $537 | $1,807 | $77,400 |
| 10% down | $23,591 | $212,316 | $1,428 | $88 | $537 | $2,054 | $88,000 |
| 5% down | $11,795 | $224,111 | $1,508 | $93 | $537 | $2,138 | $91,600 |
| 3.5% down (FHA) | $8,257 | $231,633 | $1,558 | $104 | $537 | $2,200 | $94,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.13% 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 Peoria metro area.
Illinois counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Ogle County | $238,006 | +8.4% | 2.06% |
| Champaign County | $238,398 | +5.0% | 2.06% |
| Piatt County | $242,033 | +3.1% | 1.81% |
| Kankakee County | $227,163 | +6.0% | 2.21% |
| Jo Daviess County | $246,045 | +3.4% | 1.72% |
| Clinton County | $225,207 | +6.4% | 1.83% |
| Effingham County | $218,457 | +3.5% | 1.49% |
| McLean County | $260,569 | +1.9% | 2.17% |
| 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 Woodford County, IL?
The typical home value in Woodford County is $235,906 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Woodford County?
About $77,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Woodford County?
The median effective rate is 2.13% of home value a year (Census ACS 2024 5-year estimates).