Housing in Big Mound

A typical Big Mound home is worth roughly $97,000

Typical home value

$97K

IL $298K

Estimate

2-bedroom rent

$940

a month, utilities in · HUD

Median tax bill

$1,317

IL $5,298

What kind of housing town is Big Mound?

Read from the numbers below. The page puts what stands out first.

Your money goes further67% below the Illinois typical home.

★ What stands out · Affordability

A typical home costs 2.8 years of income

Less than across Illinois (3.6 years). Try your own numbers below.

You could afford about

$128,000

Typical Big Mound home $97K

That covers a typical Big Mound home, with $31K to spare.

The typical home, each month

$620

Loan $480Tax $110Insurance $30

A two-bedroom rents for about $940 a month here, $320 more than owning.

Where your budget reaches nearby

Orel$110K Lamard$110K Barnhill$113K Fairfield$108K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Big Mound’s typical property tax (1.36% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $940

Renters already here pay a median of $630, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$640

1 bedroom$710

2 bedrooms$940

3 bedrooms$1,120

4 bedrooms$1,570

44%

of households rent · IL 33%

217

renter households

59%

of renters spend 30%+ of income on rent · IL 48%

32%

of the median income, for a two-bedroom

$630

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Wayne County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

56% of Big Mound households own their home

Half of Big Mound’s homes were built before 1991.

Owners and renters

Own 56%Rent 44%

Illinois: 67% own.

1991

typical home built · IL 1971

$1,317

median property tax bill · IL $5,298

1.36%

of a home’s value, a year in tax · IL 2.01%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Big Mound vs. its neighbors

Big Mound is the least expensive of 5 neighboring towns. Tap one to see its housing page.

Barnhill$113K Lamard$110K Orel$110K Fairfield$108K Big Mound$97K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2025	Median income
Big Mound	$97K*	—	$940	—	$34,943
Orel	$110K*	—	$1,020	—	$48,542
Lamard	$110K*	—	$1,020	—	$69,471
Barnhill	$113K*	—	$930	—	$46,111
Fairfield	$108K	+7.4%	$920	1	$41,989

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Big Mound buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Big Mound still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. 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. The calculator is an estimate, not a loan offer.