Niantic, IL housing market
The typical Niantic home is worth about $141,000, up 3% in a year, 53% below the Illinois typical home.
Home values, sales, trends and how Niantic compares with the towns next door — updated as new data is published.
Niantic at a glance
Typical home value, 2017–2026
Show as a table
| January | Niantic | Illinois |
|---|---|---|
| 2018 | $92,000 | $190,000 |
| 2019 | $101,000 | $195,000 |
| 2020 | $106,000 | $200,000 |
| 2021 | $112,000 | $215,000 |
| 2022 | $120,000 | $236,000 |
| 2023 | $119,000 | $248,000 |
| 2024 | $129,000 | $263,000 |
| 2025 | $133,000 | $278,000 |
| 2026 | $139,000 | $290,000 |
| August 2026 | $141,000 | $298,000 |
Niantic and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Niantic | $141K | +3% | $980 | $86,875 |
| Illiopolis | $144K | +9.1% | $1,020 | $83,000 |
| Harristown | $136K | +4.4% | $1,040 | $76,518 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $980
HUD's Fair Market Rent for a two-bedroom in Niantic is $980 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Niantic pay a median of $1,066.
Studio $740 · 4 bedrooms $1,490
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (62539, 62551; Decatur, IL MSA), 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, August 2026. 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.