Housing in Hennepin, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$297,500
Median List Price
N/A
Price Per Sq Ft
$191
Days on Market
29
Active Inventory
2
Months of Supply
1.0
Seller's market
Zillow Home Value
$200,013
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
50.0%
Sale-to-List Ratio
99.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$191
Hennepin vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Hennepin is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$166,700
Median Rent
$836
Total Housing Units
342
Vacancy Rate
8.5%
Owner Occupied
78.0%
Renter Occupied
22.0%
Median Property Tax
$2,793
per year
Monthly Cost (w/ Mortgage)
$1,065
Housing Types
The current median sale price in Hennepin, IL is $297,500 according to Redfin data. Homes spend a median of 29 days on the market. 50.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $191. The median rent is $836 per month (Census ACS). About 78.0% of housing units are owner-occupied. The median year homes were built is 1969. There are 342 total housing units.