Housing in Nebo, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$139,132

Nebo vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Nebo is highlighted.

Median Home Value

2nd%ilemost expensive$42,500show rank

Median Rent

57th%ilemost expensive rent$1,025show rank

Rent Burden

90th%ilehighest rent burden27.3%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$42,500

Median Rent

$1,025

Total Housing Units

159

Vacancy Rate

38.4%

Owner Occupied

90.8%

Renter Occupied

9.2%

Median Property Tax

$638

per year

Monthly Cost (w/ Mortgage)

$590

Housing Types

Single Family

78.6%

Multi-Family

1.3%

Mobile Home

20.1%

The median home value in Nebo, IL is $42,500. According to Zillow, the home value index for Nebo is $139,132. The median rent is $1,025 per month (Census ACS). About 90.8% of housing units are owner-occupied. The median year homes were built is 1958. There are 159 total housing units.