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Housing in Medora

A typical Medora home is worth roughly $94,000

No new homes were permitted in 2025.

Typical home value
$94K
IL $298K
Estimate
2-bedroom rent
$990
a month, utilities in · HUD
Median tax bill
$1,450
IL $5,298

What kind of housing town is Medora?

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

★ What stands out · Affordability

What it takes to buy in Medora

Try your own numbers below.

You could afford about
$280,000
Typical Medora home $94K

That covers a typical Medora home, with $186K to spare.

The typical home, each month
$650
Loan $460Tax $160Insurance $30

A two-bedroom rents for about $990 a month here, $340 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.

The homes

91% of Medora households own their home

Half of Medora’s homes were built before 1952.

Owners and renters
Own 91%Rent 9%

Illinois: 67% own.

1952
typical home built · IL 1971
$1,450
median property tax bill · IL $5,298
2%
of homes are seasonal or vacation homes

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

Renting

A two-bedroom rents for about $990

Renters already here pay a median of $636, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$760
1 bedroom$800
2 bedrooms$990
3 bedrooms$1,270
4 bedrooms$1,480
9%
of households rent · IL 33%
11
renter households
$636
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (St. Louis, MO-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.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Medora in 2025 or in any year since 2025.

Single-family
01 2025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

Neighbors talk housing

What Medora buyers, sellers and renters are saying.

Town Square →
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Is Medora 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. New homes: U.S. Census Bureau, Building Permits 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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