Housing in Rankin, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — September 2025Median Sale Price
$187,500
Median List Price
N/A
Price Per Sq Ft
$106
Days on Market
7
Active Inventory
3
Months of Supply
3.0
Seller's market
Zillow Home Value
$88,331
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
94.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$106
Rankin vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Rankin 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
$57,700
Median Rent
$718
Total Housing Units
265
Vacancy Rate
23.4%
Owner Occupied
68.0%
Renter Occupied
32.0%
Median Property Tax
$1,350
per year
Monthly Cost (w/ Mortgage)
$600
Housing Types
The current median sale price in Rankin, IL is $187,500 according to Redfin data. Homes spend a median of 7 days on the market. 0.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $106. The median rent is $718 per month (Census ACS). About 68.0% of housing units are owner-occupied. The median year homes were built is 1938. There are 265 total housing units.