Mendon, IL housing market
The median sale price was $125,000 in April 2026.
Home values, sales, trends and how Mendon compares with the towns next door — updated as new data is published.
Mendon at a glance
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
No new homes permitted in 2025
No permits for new homes were issued in Mendon in 2025. The last year with any was 2019 (1 new home).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 1 | 1 | 0 | $125,000 |
| 2018 | 3 | 3 | 0 | $379,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 2 | 2 | 0 | $291,000 |
| 2015 | 3 | 3 | 0 | $550,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 2 | 2 | 0 | $350,000 |
Mendon's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
1.7 years of income
The typical Mendon home costs about 1.7 years of the town's median household income, less than across Illinois (3.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,130
HUD's Fair Market Rent for a two-bedroom in Mendon is $1,130 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Mendon pay a median of $667, so moving in tends to cost more than staying put. A two-bedroom takes about 21% of the town's median household income.
Studio $780 · 4 bedrooms $1,590
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (62351; Adams County, IL), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, April 2026. 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.