Pontiac, IL home prices
Typical home $172,314 · +11.0% in a year · income needed $56,000
The Pontiac, IL metro area ranks 752 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +11.0% in a year and +46.9% over five years. With 20% down at 7.11%, the typical home costs about $1,307 a month including 2.05% property tax (Livingston County rate).
Mortgage on the typical Pontiac home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $34,463 | $137,851 | $927 | $0 | $380 | $1,307 | $56,000 |
| 10% down | $17,231 | $155,083 | $1,043 | $65 | $380 | $1,488 | $63,800 |
| 5% down | $8,616 | $163,699 | $1,101 | $68 | $380 | $1,549 | $66,400 |
| 3.5% down (FHA) | $6,031 | $169,193 | $1,138 | $76 | $380 | $1,594 | $68,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.05% 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.
Counties in the Pontiac area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Livingston County, IL | $172,343 | +10.9% | 2.05% |
What can you afford in Illinois on your salary? · Illinois home prices · Salaries in Illinois
Frequently asked questions
How much is a house in Pontiac?
The typical home in the Pontiac, IL metro area is worth $172,314 (Zillow, September 2026).
What salary do you need to buy a house in Pontiac?
About $56,000 a year for the typical home with 20% down at 7.11%.