Arrowsmith, IL housing market
The typical Arrowsmith home is worth about $214,000, up 8.4% in a year, 28% below the Illinois typical home.
Home values, sales, trends and how Arrowsmith compares with the towns next door — updated as new data is published.
Arrowsmith at a glance
Typical home value, 2016–2026
Show as a table
| January | Arrowsmith | Illinois |
|---|---|---|
| 2017 | $142,000 | $181,000 |
| 2018 | $142,000 | $190,000 |
| 2019 | $143,000 | $195,000 |
| 2020 | $139,000 | $200,000 |
| 2021 | $148,000 | $215,000 |
| 2022 | $156,000 | $236,000 |
| 2023 | $163,000 | $248,000 |
| 2024 | $177,000 | $263,000 |
| 2025 | $189,000 | $278,000 |
| 2026 | $208,000 | $290,000 |
| August 2026 | $214,000 | $298,000 |
Arrowsmith and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Arrowsmith | $214K | +8.4% | $1,430 | $98,438 |
| West | — | −0.9%† | $1,250 | $130,375 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,430
HUD's Fair Market Rent for a two-bedroom in Arrowsmith is $1,430 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Arrowsmith pay a median of $1,113, so moving in tends to cost more than staying put.
Studio $1,020 · 4 bedrooms $1,890
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61722, 61737, 61770; Bloomington, IL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.