A typical Good Hope home is worth about $117,000
Up 8.4% in a year, 61% below the Illinois typical home.
Only 3 sales in April 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Good Hope?
Read from the numbers below. The page puts what stands out first.
What it takes to buy in Good Hope
Try your own numbers below.
That covers a typical Good Hope home, with $163K to spare.
A two-bedroom rents for about $920 a month here, $110 more than owning.
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.
Home values since 2023
Typical home value by month.
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 |
A typical Good Hope home worth $104K in October 2023 is worth about $117K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A two-bedroom rents for about $920
Renters already here pay a median of $788, 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 (McDonough County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
80% of Good Hope households own their home
Half of Good Hope’s homes were built before 1971.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Good Hope buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. The calculator is an estimate, not a loan offer.