Housing in Raleigh, IL

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

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$137,479

Raleigh vs Similar Cities

Source: Census ACS / Redfin (2023)

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

Median Home Value

7th%ilemost expensive$70,600show rank

Median Rent

14th%ilemost expensive rent$675show rank

Rent Burden

28th%ilehighest rent burden15.6%show rank

Census Housing Data

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

Median Home Value

$70,600

Median Rent

$675

Total Housing Units

159

Vacancy Rate

27.0%

Owner Occupied

87.1%

Renter Occupied

12.9%

Median Property Tax

$922

per year

Monthly Cost (w/ Mortgage)

$463

Housing Types

Single Family

78.0%

Multi-Family

2.5%

Mobile Home

19.5%

The median home value in Raleigh, IL is $70,600. According to Zillow, the home value index for Raleigh is $137,479. The median rent is $675 per month (Census ACS). About 87.1% of housing units are owner-occupied. The median year homes were built is 1962. There are 159 total housing units.