Good Hope, IL housing market
The typical Good Hope home is worth about $117,000, up 8.4% in a year, 61% below the Illinois typical home.
Home values, sales, trends and how Good Hope compares with the towns next door — updated as new data is published.
Good Hope at a glance
Only 3 sales in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2023–2026
Show as a table
| January | Good Hope | Illinois |
|---|---|---|
| 2024 | $105,000 | $263,000 |
| 2025 | $104,000 | $278,000 |
| 2026 | $117,000 | $290,000 |
| August 2026 | $117,000 | $298,000 |
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 $920
HUD's Fair Market Rent for a two-bedroom in Good Hope is $920 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Good Hope pay a median of $788, so moving in tends to cost more than staying put.
Studio $630 · 4 bedrooms $1,460
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61438; McDonough County, IL), 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, April 2026. 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.