Home Values

Sangamon County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$116,800

  • -8.8% 1-year change
  • 3.7% 1-year forecast

The median home value in Sangamon County is $116,800. Sangamon County home values have declined -8.8% over the past year and Zillow predicts they will rise 3.7% within the next year. The median list price per square foot in Sangamon County is None. The median rent price in Sangamon County is $825, which is the same as the Springfield Metro median of $825.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Sangamon County is 3.0%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Sangamon County homeowners underwater on their mortgage is 11.1%.

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Relative ZHVI
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Sangamon County Market Overview

Data through Mar 31, 2015
  • $116,800 ZHVI
  • 3.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Mar 31, 2016)
  • No data Median listing price
  • $131,550 Median sale price
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Sangamon County Market Health

Data through Mar 31, 2015
  • 0.7/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • 183 Average days on Zillow (Feb 28, 2015)
  • 11.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 3.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Cities in Sangamon County

Name Median ZHVI
Leland Grove $198,900
Sherman $194,200
Rochester $185,700
Name Median ZHVI
Chatham $174,000
Riverton $120,600
Springfield $118,600
Name Median ZHVI
Auburn $111,400
Divernon $99,800
Southern View $85,800

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $78 Median sale price / sq ft (Feb 28, 2015)
  • No data Listings with price cut
18.3%
Sold below listing
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Sangamon County Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,018 Sangamon County
    $1,040 Springfield Metro
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $825 Rent list price
  • $0.71 Rent list price / sq ft
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