
Philo, IL Housing Market
$267,140
8.4% 1-yrThe average Philo, IL home value is $267,140, up 8.4% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Philo Key Takeaways
Typical Home Values: $267,140
1-Year Value Change: +8.4%
(Data through August 31, 2026)
Philo Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Philo
- NameMedian ZHVI
- Downtown--
- Vermilipn Heights$62,512
- Lincoln Park$75,977
- Meadowlawn Area$99,710
- Center City$44,861
- Rabbittown$48,724
- Shady Ln--
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Philo Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Philo, IL?
The median home value in Philo, IL is $267,140 as of August 2026. This represents a 0.7% increase compared to last month and a 8.3% increase year-over-year.
How have home values changed in Philo, IL?
Home values in Philo, IL have increased by 0.7% month-over-month and 8.3% year-over-year.
How do home values in Philo, IL compare to Champaign County, Illinois, and the national average?
The median home value in Philo, IL ($267,140) compares to: Champaign County ($240,639), Illinois ($297,573), and the U.S. national median ($368,697).