Cities with the fastest growing home prices in Springfield, Illinois metro area

Written by:
January 19, 2023
Volodymyr Kyrylyuk // Shutterstock

Cities with the fastest growing home prices in Springfield, Illinois metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Springfield, IL metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 26 cities and towns with data available were included in the list.

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1 / 26
Stacker

#26. Mason City, IL

- 1-year price change: +$3,584 (+4.6%)
- 5-year price change: +$196,233 (data not available)
- Typical home value: $81,318 (#25 most expensive city in metro)
2 / 26
Stacker

#25. Greenview, IL

- 1-year price change: +$7,740 (+7.7%)
- 5-year price change: +$196,233 (data not available)
- Typical home value: $107,807 (#23 most expensive city in metro)
3 / 26
Stacker

#24. Athens, IL

- 1-year price change: +$10,631 (+5.6%)
- 5-year price change: +$21,553 (+12.0%)
- Typical home value: $201,634 (#10 most expensive city in metro)
4 / 26
Stacker

#23. Grandview, IL

- 1-year price change: +$11,006 (+18.3%)
- 5-year price change: +$16,296 (+29.7%)
- Typical home value: $71,230 (#26 most expensive city in metro)
5 / 26
Stacker

#22. Petersburg, IL

- 1-year price change: +$11,178 (+6.1%)
- 5-year price change: +$26,177 (+15.6%)
- Typical home value: $194,412 (#12 most expensive city in metro)

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6 / 26
Stacker

#21. Southern View, IL

- 1-year price change: +$11,240 (+12.3%)
- 5-year price change: +$19,765 (+23.9%)
- Typical home value: $102,625 (#24 most expensive city in metro)
7 / 26
Stacker

#20. Divernon, IL

- 1-year price change: +$12,462 (+10.2%)
- 5-year price change: +$19,765 (data not available)
- Typical home value: $135,132 (#20 most expensive city in metro)
8 / 26
Stacker

#19. Jerome, IL

- 1-year price change: +$13,171 (+11.1%)
- 5-year price change: +$29,123 (+28.3%)
- Typical home value: $131,893 (#21 most expensive city in metro)
9 / 26
Stacker

#18. Pawnee, IL

- 1-year price change: +$16,615 (+12.3%)
- 5-year price change: +$32,781 (+27.6%)
- Typical home value: $151,481 (#19 most expensive city in metro)
10 / 26
Stacker

#17. Auburn, IL

- 1-year price change: +$16,914 (+12.5%)
- 5-year price change: +$32,058 (+26.6%)
- Typical home value: $152,555 (#18 most expensive city in metro)

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11 / 26
Stacker

#16. Springfield, IL

- 1-year price change: +$17,703 (+13.0%)
- 5-year price change: +$33,611 (+28.1%)
- Typical home value: $153,416 (#17 most expensive city in metro)
12 / 26
Stacker

#15. Loami, IL

- 1-year price change: +$18,044 (+12.2%)
- 5-year price change: +$33,611 (data not available)
- Typical home value: $165,592 (#15 most expensive city in metro)
13 / 26
Stacker

#14. Dawson, IL

- 1-year price change: +$18,105 (+10.2%)
- 5-year price change: +$33,611 (data not available)
- Typical home value: $195,396 (#11 most expensive city in metro)
14 / 26
Stacker

#13. Mechanicsburg, IL

- 1-year price change: +$18,294 (+11.1%)
- 5-year price change: +$48,062 (+35.5%)
- Typical home value: $183,461 (#13 most expensive city in metro)
15 / 26
Stacker

#12. New Berlin, IL

- 1-year price change: +$19,556 (+12.6%)
- 5-year price change: +$48,062 (data not available)
- Typical home value: $174,328 (#14 most expensive city in metro)

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16 / 26
Stacker

#11. Cantrall, IL

- 1-year price change: +$20,253 (+8.3%)
- 5-year price change: +$48,062 (data not available)
- Typical home value: $264,240 (#3 most expensive city in metro)
17 / 26
Stacker

#10. Riverton, IL

- 1-year price change: +$20,485 (+14.2%)
- 5-year price change: +$38,725 (+30.6%)
- Typical home value: $165,102 (#16 most expensive city in metro)
18 / 26
Stacker

#9. Pleasant Plains, IL

- 1-year price change: +$22,882 (+12.3%)
- 5-year price change: +$53,343 (+34.3%)
- Typical home value: $208,721 (#9 most expensive city in metro)
19 / 26
Stacker

#8. Williamsville, IL

- 1-year price change: +$25,335 (+13.0%)
- 5-year price change: +$53,343 (data not available)
- Typical home value: $220,249 (#8 most expensive city in metro)
20 / 26
Stacker

#7. Spaulding, IL

- 1-year price change: +$30,195 (+15.2%)
- 5-year price change: +$53,343 (data not available)
- Typical home value: $228,717 (#7 most expensive city in metro)

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21 / 26
Stacker

#6. Illiopolis, IL

- 1-year price change: +$30,570 (+31.1%)
- 5-year price change: +$29,550 (+29.7%)
- Typical home value: $128,919 (#22 most expensive city in metro)
22 / 26
Stacker

#5. Rochester, IL

- 1-year price change: +$30,770 (+13.7%)
- 5-year price change: +$62,223 (+32.3%)
- Typical home value: $254,715 (#5 most expensive city in metro)
23 / 26
Stacker

#4. Sherman, IL

- 1-year price change: +$30,917 (+12.4%)
- 5-year price change: +$67,595 (+31.7%)
- Typical home value: $280,760 (#2 most expensive city in metro)
24 / 26
Stacker

#3. Glenarm, IL

- 1-year price change: +$31,634 (+15.6%)
- 5-year price change: +$67,595 (data not available)
- Typical home value: $234,200 (#6 most expensive city in metro)
25 / 26
Stacker

#2. Chatham, IL

- 1-year price change: +$32,991 (+14.9%)
- 5-year price change: +$69,338 (+37.4%)
- Typical home value: $254,933 (#4 most expensive city in metro)

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26 / 26
Stacker

#1. Leland Grove, IL

- 1-year price change: +$38,689 (+15.6%)
- 5-year price change: +$65,708 (+29.7%)
- Typical home value: $287,269 (#1 most expensive city in metro)

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