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Housing in Meredosia

A typical Meredosia home is worth about $69,000

Up 11.6% in a year, 77% below the Illinois typical home.

Typical home value
$69K
▲ 11.6% in a year · IL $298K
Zillow
2-bedroom rent
$920
a month, utilities in · HUD
Median tax bill
$1,293
IL $5,298

What kind of housing town is Meredosia?

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
$183,000
Typical Meredosia home $69K

That covers a typical Meredosia home, with $114K to spare.

The typical home, each month
$480
Loan $340Tax $110Insurance $20

A two-bedroom rents for about $920 a month here, $440 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Meredosia’s typical property tax (1.98% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Up 9.3% in five years

Slower than Illinois (29.1%).

MeredosiaIllinois
$50K$100K$150K$200K$250K$300K20182020202220242026
Show as a table
JanuaryMeredosiaIllinois
2017$62,000$181,000
2018$61,000$190,000
2019$60,000$195,000
2020$64,000$200,000
2021$62,000$215,000
2022$61,000$236,000
2023$59,000$248,000
2024$66,000$263,000
2025$66,000$278,000
2026$65,000$290,000
August 2026$69,000$298,000
Then & now

A typical Meredosia home worth $64K in September 2016 is worth about $69K today.

+$5K
+11.6%
past year
+9.3%
past 5 years
+8.5%
since 2016

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Renting

A two-bedroom rents for about $920

Renters already here pay a median of $704, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$630
1 bedroom$710
2 bedrooms$920
3 bedrooms$1,130
4 bedrooms$1,510
25%
of households rent · IL 33%
81
renter households
$704
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Cass County, IL): 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 Meredosia in 2025. The last year with any was 2008 (2 new homes).

Single-family
012 200020052010201520202025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
0
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−218
New homes+0

Between the 2010 and 2020 censuses, Meredosia's population fell by 218 and no new homes were permitted.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022000—
2021000—
2020000—
2019000—
2018000—
2017000—
2016000—
2015000—
2014000—
2013000—
2012000—
2011000—
2010000—
2009000—
2008220$170,000
2007000—
2006000—
2005000—
2004000—
2003000—
2002000—
2001220$150,000
2000000—

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

The homes

75% of Meredosia households own their home

Half of Meredosia’s homes were built before 1967.

Owners and renters
Own 75%Rent 25%

Illinois: 67% own.

1967
typical home built · IL 1971
$1,293
median property tax bill · IL $5,298
1.98%
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.

Neighbors talk housing

What Meredosia buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Meredosia still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. 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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