Similar to its nearby areas, it is significantly less expensive compared to the rest of the nation. Compared to the city of Champaign, it is substantially less expensive.
Home prices
Illiopolis's median home value is $88,400. In comparison to nearby areas this is about $2,520 (2%) lower.It is approximately $129,100 (59%) lower compared to the US as a whole, and it is about $73,400 (45%) lower compared to the city of Champaign.
Rents
Illiopolis's median monthly rent is $625. It is about $59 (8%) lower compared to nearby areas.Compared to the rest of the country it is about $437 (41%) lower, and is about $327 (34%) lower compared to the city of Champaign.
Nearby places
Niantic
Niantic is about 3 miles east of Illiopolis. The real estate prices there are a bit less expensive. The value of the median home in Niantic is $84,000, which works out to $4,400 (5%) lower than Illiopolis. The rent there is a bit less expensive. In Niantic the median rent is $575 a month, which comes out to $50 (8%) lower than Illiopolis.
Mount Auburn
Mount Auburn is approximately 5 miles south of Illiopolis. Housing prices there are a bit less expensive. The median home price in Mount Auburn is $69,200, which is $19,200 (27%) lower than Illiopolis. Rent there is a bit more expensive. In Mount Auburn the median monthly rent is $771, which is $146 (18%) higher than Illiopolis.
Buffalo
Buffalo is roughly 7 miles west of Illiopolis. The housing prices there are fairly similar. The median home in Buffalo costs $89,800, which comes out to $1,400 (1%) higher than Illiopolis. Rent there is somewhat more expensive. In Buffalo the median rent is $725 a month, which comes out to $100 (13%) higher than Illiopolis.
Mechanicsburg
Mechanicsburg is approximately 8 miles southwest of Illiopolis. The real estate prices there are a bit more expensive. Mechanicsburg's median home cost is $119,000, which is $30,600 (25%) higher than Illiopolis. Rent there is a little more expensive. Mechanicsburg's median monthly rent is $752, which is $127 (16%) higher than Illiopolis.
Harristown
Harristown is about 8 miles east of Illiopolis. Its housing prices are pretty similar. The median home price in Harristown is $92,600, which is $4,200 (4%) higher than Illiopolis. Rents there are fairly similar. The median rent in Harristown is $596 a month, which works out to $29 (4%) lower than Illiopolis.