A typical Godley home is worth roughly $145,000
Home prices around Godley have risen about 30% over the past 5 years. No new homes were permitted in 2025.
What kind of housing town is Godley?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.7 years of income
Less than across Illinois (3.6 years). Try your own numbers below.
That covers a typical Godley home, with $52K to spare.
A two-bedroom rents for about $1,590 a month here, $680 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Godley’s typical property tax (1.27% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Home prices up 30% in 5 years
The federal house price index for the ZIP code around Godley rose 30% over the past 5 years, slower than across Illinois (47%). Last year prices fell 0.5%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Godley, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,590
Renters already here pay a median of $1,386, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Chicago-Joliet-Naperville, IL HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Godley in 2025. The last year with any was 2024 (3 new homes).
Between the 2010 and 2020 censuses, Godley's population fell by 35 even though 75 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 3 | 3 | 0 | $720,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 7 | 7 | 0 | $653,000 |
| 2021 | 11 | 11 | 0 | $1 million |
| 2020 | 8 | 8 | 0 | $746,000 |
| 2019 | 9 | 9 | 0 | $840,000 |
| 2018 | 8 | 8 | 0 | $746,000 |
| 2017 | 6 | 6 | 0 | $560,000 |
| 2016 | 8 | 8 | 0 | $746,000 |
| 2015 | 7 | 7 | 0 | $653,000 |
| 2014 | 6 | 6 | 0 | $560,000 |
| 2013 | 5 | 5 | 0 | $467,000 |
| 2012 | 10 | 10 | 0 | $933,000 |
| 2011 | 6 | 6 | 0 | $560,000 |
| 2010 | 10 | 10 | 0 | $933,000 |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 1 | 1 | 0 | $125,000 |
| 2005 | 3 | 3 | 0 | $374,000 |
| 2004 | 3 | 3 | 0 | $376,000 |
| 2003 | 2 | 2 | 0 | $246,000 |
| 2002 | 8 | 8 | 0 | $1 million |
| 2001 | 4 | 4 | 0 | $425,000 |
| 2000 | 8 | 4 | 4 | $625,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
85% of Godley households own their home
Half of Godley’s homes were built before 1993.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Godley vs. its neighbors
The towns that share a border with Godley. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Godley | $145K* | −0.5%† | $1,590 | 0 | $53,438 |
| Braceville | $188K* | −0.1%† | $1,580 | 4 | $89,167 |
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.
On the market in Godley
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Godley buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. New homes: U.S. Census Bureau, Building Permits 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. The calculator is an estimate, not a loan offer.