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Housing in Keene

A typical Keene home is worth roughly $93,000

Typical home value
$93K
IL $298K
Estimate
2-bedroom rent
$1,040
a month, utilities in · HUD
Median tax bill
$828
IL $5,298

What kind of housing town is Keene?

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

★ What stands out · Affordability

A typical home costs 1.3 years of income

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

You could afford about
$269,000
Typical Keene home $93K

That covers a typical Keene home, with $176K to spare.

The typical home, each month
$550
Loan $460Tax $70Insurance $30

A two-bedroom rents for about $1,040 a month here, $490 more 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, Keene’s typical property tax (0.89% 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 $1,040

Renters already here pay a median of $658, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$720
1 bedroom$790
2 bedrooms$1,040
3 bedrooms$1,290
4 bedrooms$1,450
22%
of households rent · IL 33%
32
renter households
$658
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Adams County, IL): 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 Keene households own their home

Half of Keene’s homes were built before 1959.

Owners and renters
Own 78%Rent 22%

Illinois: 67% own.

1959
typical home built · IL 1971
$828
median property tax bill · IL $5,298
0.89%
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

Keene vs. its neighbors

Keene is the least expensive of 4 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Keene$93K*—$1,040$69,135
Honey Creek$162K*—$1,100$88,438
Lima$196K*—$1,060$47,000
Mendon$211K+12%$1,130$76,048

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 Keene buyers, sellers and renters are saying.

Town Square →
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Is Keene still affordable for young families?

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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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