A typical Menominee home is worth roughly $258,000
Home prices around Menominee have risen about 36% over the past 5 years.
Home prices up 36% in 5 years
The federal house price index for the ZIP code around Menominee rose 36% over the past 5 years, slower than across Illinois (47%). Last year prices rose 4.5%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Menominee, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
What it takes to buy in Menominee
Try your own numbers below.
That covers a typical Menominee home, with $22K to spare.
A two-bedroom rents for about $1,050 a month here, $730 less 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.
A two-bedroom rents for about $1,050
Renters already here pay a median of $735, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Jo Daviess County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
81% of Menominee households own their home
Half of Menominee’s homes were built before 1984.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Menominee buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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.