Housing in Rantoul, IL

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$150,500

Median List Price

$144,970

Price Per Sq Ft

$75

Days on Market

42

Active Inventory

16

Months of Supply

2.7

Seller's market

Zillow Home Value

$137,754

ZHVI — January 2026

Zillow Rent Index

$841

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 6.7%List Price 7.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

16.7%

Off Market in 2 Weeks

28.6%

Sale-to-List Ratio

97.7%

Buyer's market

Sold Above Asking
16.7%
Under Contract in 2 Wks
28.6%
Listings with Price Drops
12.5%

Market Activity

Source: Redfin

Homes Sold

6

New Listings

6

Pending Sales

7

Homes Sold 20.0%New Listings 40.0%Pending 41.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$75

Median List $/SF

$102

Sale $/SF 10.7%List $/SF 12.1%Mar 24Jan 26

Rantoul vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Rantoul 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

$109,200

Median Rent

$899

Total Housing Units

5,829

Vacancy Rate

12.8%

Owner Occupied

49.6%

Renter Occupied

50.4%

Median Property Tax

$2,522

per year

Monthly Cost (w/ Mortgage)

$917

Housing Types

Single Family
60.5%
Multi-Family
35.0%
Mobile Home
4.5%

The current median sale price in Rantoul, IL is $150,500 according to Redfin data. Homes spend a median of 42 days on the market. 16.7% of homes sold above asking price. The market has 2.7 months of supply. The median price per square foot is $75. Zillow's observed rent index is $841/month. About 49.6% of housing units are owner-occupied. The median year homes were built is 1965. There are 5,829 total housing units.