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Housing in Harwood

A typical Harwood home is worth roughly $182,000

Typical home value
$182K
IL $298K
Estimate
2-bedroom rent
$1,000
a month, utilities in · HUD
Median tax bill
$4,575
IL $5,298

What kind of housing town is Harwood?

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

★ What stands out · Affordability

A typical home costs 2.3 years of income

Less than across Illinois (3.6 years). Try your own numbers below.

You could afford about
$245,000
Typical Harwood home $182K

That covers a typical Harwood home, with $63K to spare.

The typical home, each month
$1,340
Loan $900Tax $380Insurance $50

A two-bedroom rents for about $1,000 a month here, $340 less 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, Harwood’s typical property tax (2.52% 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 $1,000

Renters already here pay a median of $775, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$830
1 bedroom$830
2 bedrooms$1,000
3 bedrooms$1,310
4 bedrooms$1,350
14%
of households rent · IL 33%
18
renter households
$775
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Champaign-Urbana, 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.

The homes

86% of Harwood households own their home

Half of Harwood’s homes were built before 1983.

Owners and renters
Own 86%Rent 14%

Illinois: 67% own.

1983
typical home built · IL 1971
$4,575
median property tax bill · IL $5,298
2.52%
of a home’s value, a year in tax · IL 2.01%

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

Next door

Harwood vs. its neighbors

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

Compare more
TownTypical value1-yr change2-bed rentMedian income
Harwood$182K*—$1,000$77,411
Ludlow$151K*+6%†$1,010$55,012

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 Harwood buyers, sellers and renters are saying.

Town Square →
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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. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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