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Housing in Corwin

A typical Corwin home is worth roughly $138,000

Typical home value
$138K
IL $298K
Estimate
2-bedroom rent
$1,010
a month, utilities in · HUD
Median tax bill
$1,979
IL $5,298

What kind of housing town is Corwin?

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

★ What stands out · Affordability

What it takes to buy in Corwin

Try your own numbers below.

You could afford about
$280,000
Typical Corwin home $138K

That covers a typical Corwin home, with $142K to spare.

The typical home, each month
$950
Loan $680Tax $230Insurance $40

A two-bedroom rents for about $1,010 a month here, $60 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Illinois typical property tax (2.01% 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 $1,010

Renters already here pay a median of $730, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$700
1 bedroom$810
2 bedrooms$1,010
3 bedrooms$1,320
4 bedrooms$1,380
20%
of households rent · IL 33%
36
renter households
$730
median rent paid today · Census

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

The homes

1 of Corwin’s houses are on the National Register

Half of Corwin’s homes were built before 1970.

History →
Owners and renters
Own 80%Rent 20%

Illinois: 67% own.

1970
typical home built · IL 1971
$1,979
median property tax bill · IL $5,298
5%
of homes are seasonal or vacation homes
Historic houses in Corwin

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error. Historic houses: National Register of Historic Places.

Next door

Corwin vs. its neighbors

The towns that share a border with Corwin. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Corwin$138K*—$1,010$87,917
Broadwell$161K*+7%†$980$69,531

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 Corwin buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Corwin still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

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. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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