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Housing in Henderson

A typical Henderson home is worth roughly $247,000

Home prices around Henderson have risen about 41% over the past 5 years.

Typical home value
$247K
▲ 6.8% in a year · IL $298K
Estimate
2-bedroom rent
$930
a month, utilities in · HUD
Median tax bill
$3,181
IL $5,298

What kind of housing town is Henderson?

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

★ What stands out · Price trend

Home prices up 41% in 5 years

The federal house price index for the ZIP codes around Henderson rose 41% over the past 5 years, slower than across Illinois (47%). Last year prices rose 6.8%. Carrying the Census median home value forward with that index puts the typical Henderson home at roughly $247,000 today.

Henderson areaIllinois
0%+50%+100%200020052010201520202025
+6.8%
past year
+41%
past 5 years
+56%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $247K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Henderson, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

A typical home costs 3.4 years of income

About the same as across Illinois. Try your own numbers below.

You could afford about
$256,000
Typical Henderson home $247K

That covers a typical Henderson home, with $9K to spare.

The typical home, each month
$1,620
Loan $1,220Tax $330Insurance $70

A two-bedroom rents for about $930 a month here, $690 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Henderson’s typical property tax (1.59% 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 $930

Renters already here pay a median of $1,324.

Fair Market Rent a month, utilities included

Studio$700
1 bedroom$740
2 bedrooms$930
3 bedrooms$1,210
4 bedrooms$1,360
23%
of households rent · IL 33%
128
renter households
21%
of renters spend 30%+ of income on rent · IL 48%
15%
of the median income, for a two-bedroom
$1,324
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Davenport-Moline-Rock Island, IA-IL MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

78% of Henderson households own their home

Half of Henderson’s homes were built before 1970.

Owners and renters
Own 78%Rent 23%

Illinois: 67% own.

1970
typical home built · IL 1971
$3,181
median property tax bill · IL $5,298
1.59%
of a home’s value, a year in tax · IL 2.01%

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Henderson vs. its neighbors

Henderson is the priciest of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Henderson$247K*+6.8%†$930—$72,116
Galesburg$96K*+6.8%†$9301$48,297
Galesburg City$96K*+6.8%†$930—$48,297
Galesburg$108K+12.1%$930—$84,722
Sparta$108K*—$960—$69,028

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 Henderson

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Henderson buyers, sellers and renters are saying.

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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. 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.

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