Gardner, IL housing market
Home prices around Gardner have risen about 42% over the past 5 years.
Home values, sales, trends and how Gardner compares with the towns next door — updated as new data is published.
Home prices up 42% in 5 years
The federal house price index for the ZIP codes around Gardner rose 42% over the past 5 years, slower than across Illinois (47%). Last year prices rose 5.2%. Carrying the Census median home value forward with that index puts the typical Gardner home at roughly $372,000 today.
Show as a table
| Year | Change that year | Since 2000 | Illinois since 2000 |
|---|---|---|---|
| 2025 | +5.2% | +105% | +96% |
| 2024 | +9.2% | +95% | +85% |
| 2023 | +4.6% | +79% | +73% |
| 2022 | +13% | +71% | +61% |
| 2021 | +5.1% | +51% | +44% |
| 2020 | +0.5% | +44% | +33% |
| 2019 | +4.5% | +43% | +32% |
| 2018 | −0.8% | +37% | +28% |
| 2017 | −2% | +38% | +25% |
| 2016 | +4.9% | +41% | +22% |
| 2015 | +3.4% | +35% | +19% |
| 2014 | +1% | +30% | +15% |
| 2013 | +2.9% | +29% | +11% |
| 2012 | −0.1% | +25% | +11% |
| 2011 | +0.5% | +25% | +14% |
| 2010 | +1.4% | +25% | +21% |
| 2009 | −1.2% | +23% | +29% |
| 2008 | +0.1% | +25% | +40% |
| 2007 | +1.7% | +24% | +45% |
| 2006 | +5.4% | +22% | +43% |
| 2005 | +4.3% | +16% | +35% |
| 2004 | +3.5% | +11% | +24% |
| 2003 | +1.5% | +7.6% | +15% |
| 2002 | +1.3% | +6% | +11% |
| 2001 | +4.6% | +4.6% | +5.6% |
| 2000 | — | — | — |
How Gardner ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 62677, 62711, 62707, 62670, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
Gardner and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Gardner | — | +5.2%† | $1,230 | — | $103,932 |
| Capital | — | +3.6%† | $1,270 | — | $65,902 |
| Springfield | — | +3.6%† | $1,270 | 146 | $66,064 |
| Fancy Creek | — | +1.9%† | $1,290 | — | $145,385 |
| Springfield | $172K | +7.2% | $1,170 | — | $39,507 |
| Cartwright | — | +5.9%† | $1,160 | — | $100,982 |
† FHFA price index change, where Zillow has no home value for the town.
2.4 years of income
The typical Gardner home costs about 2.4 years of the town's median household income, less than across Illinois (3.6 years).
How Gardner ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,230
HUD's Fair Market Rent for a two-bedroom in Gardner is $1,230 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Gardner pay a median of $798, so moving in tends to cost more than staying put. A two-bedroom takes about 14% of the town's median household income.
Studio $850 · 4 bedrooms $1,720
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (62670, 62677, 62707, 62711; Springfield, 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.
Recent listings in Gardner
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. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.