Oconee, IL housing market
The typical Oconee home is worth about $211,000, up 11.5% in a year, 29% below the Illinois typical home.
Home values, sales, trends and how Oconee compares with the towns next door — updated as new data is published.
Oconee at a glance
Typical home value, 2024–2026
Show as a table
| January | Oconee | Illinois |
|---|---|---|
| 2024 | $178,000 | $263,000 |
| 2025 | $190,000 | $278,000 |
| 2026 | $202,000 | $290,000 |
| August 2026 | $211,000 | $298,000 |
Oconee and its neighbors
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 $960
HUD's Fair Market Rent for a two-bedroom in Oconee is $960 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Oconee pay a median of $1,354.
Studio $670 · 4 bedrooms $1,420
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (62080, 62431, 62553, 62557; Montgomery 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, 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.