Red Bud, IL housing market
The typical Red Bud home is worth about $259,000, up 11% in a year, 13% below the Illinois typical home.
Home values, sales, trends and how Red Bud compares with the towns next door — updated as new data is published.
Red Bud at a glance
Typical home value, 2016–2026
Show as a table
| January | Red Bud | Illinois |
|---|---|---|
| 2017 | $121,000 | $181,000 |
| 2018 | $143,000 | $190,000 |
| 2019 | $148,000 | $195,000 |
| 2020 | $165,000 | $200,000 |
| 2021 | $177,000 | $215,000 |
| 2022 | $190,000 | $236,000 |
| 2023 | $197,000 | $248,000 |
| 2024 | $210,000 | $263,000 |
| 2025 | $222,000 | $278,000 |
| 2026 | $253,000 | $290,000 |
| August 2026 | $259,000 | $298,000 |
5 new homes permitted in 2025
Builders were permitted 5 new homes in Red Bud in 2025, all single-family houses, worth about $1.1 million to build. That's 1.3 per 1,000 residents, about the pace of Illinois as a whole. Over the past 10 years, Red Bud has permitted 45 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Red Bud gained 106 residents while 51 new homes were permitted: about 2.1 new residents per new home. Building and growth moved roughly in step.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $810,000 |
| 2025 | 5 | 5 | 0 | $1.1 million |
| 2024 | 6 | 6 | 0 | $3.6 million |
| 2023 | 4 | 4 | 0 | $1.3 million |
| 2022 | 2 | 2 | 0 | $625,000 |
| 2021 | 3 | 3 | 0 | $890,000 |
| 2020 | 3 | 3 | 0 | $750,000 |
| 2019 | 6 | 6 | 0 | $2.2 million |
| 2018 | 3 | 3 | 0 | $800,000 |
| 2017 | 8 | 8 | 0 | $2 million |
| 2016 | 5 | 5 | 0 | $1.1 million |
| 2015 | 4 | 4 | 0 | $1 million |
| 2014 | 4 | 4 | 0 | $1.3 million |
| 2013 | 7 | 2 | 5 | $825,000 |
| 2012 | 3 | 3 | 0 | $900,000 |
| 2011 | 5 | 5 | 0 | $1 million |
| 2010 | 6 | 6 | 0 | $1.2 million |
| 2009 | 8 | 8 | 0 | $1.3 million |
| 2008 | 12 | 12 | 0 | $2.4 million |
| 2007 | 24 | 24 | 0 | $4.8 million |
| 2006 | 41 | 22 | 19 | $4.5 million |
| 2005 | 38 | 20 | 18 | $4.1 million |
| 2004 | 21 | 11 | 10 | $3.2 million |
| 2003 | 14 | 10 | 4 | $2.4 million |
| 2002 | 22 | 10 | 12 | $2.1 million |
| 2001 | 22 | 16 | 6 | $2.3 million |
| 2000 | 21 | 15 | 6 | $1.9 million |
How Red Bud ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
3.6 years of income
The typical Red Bud home costs about 3.6 years of the town's median household income, about the same as across Illinois (3.6).
How Red Bud ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,000
HUD's Fair Market Rent for a two-bedroom in Red Bud is $1,000 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Red Bud pay a median of $845, so moving in tends to cost more than staying put. A two-bedroom takes about 17% of the town's median household income.
Studio $760 · 4 bedrooms $1,570
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (62278; St. Louis, MO-IL HUD Metro FMR Area), 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. 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.