Housing · Royal

Royal, IL housing market

The median sale price was $213,000 in May 2026.

Home values, sales, trends and how Royal compares with the towns next door — updated as new data is published.

The market right now

Royal at a glance

Median sale price
$213K
May 2026 · Redfin
Homes sold
1
in May

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Royal in 2025. The last year with any was 2015 (1 new home).

New homes, 2025
0
0 in 2024
2026 so far
0
Jan–Aug
Single-family2026 so far
012 2000: 2 homes 2000 2001: 1 home 2002: 0 homes 2003: 2 homes 2004: 1 home 2005: 2 homes 2005 2006: 1 home 2007: 0 homes 2008: 0 homes 2009: 0 homes 2010: 0 homes 2010 2011: 0 homes 2012: 0 homes 2013: 1 home 2014: 1 home 2015: 1 home 2015 2016: 0 homes 2017: 0 homes 2018: 0 homes 2019: 0 homes 2020: 0 homes 2020 2021: 0 homes 2022: 0 homes 2023: 0 homes 2024: 0 homes 2025: 0 homes 2025 2026 so far: 0 homes
Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022000—
2021000—
2020000—
2019000—
2018000—
2017000—
2016000—
2015110$175,000
2014110$175,000
2013110$170,000
2012000—
2011000—
2010000—
2009000—
2008000—
2007000—
2006110$143,000
2005220$285,000
2004110$130,000
2003220$311,000
2002000—
2001110$146,000
2000220$276,000

Royal's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

The homes

Owners, rent & taxes

Homeownership
86.6%
Median tax bill
$2,655
Median rent
$1,136
Typical home built
1964

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,130

HUD's Fair Market Rent for a two-bedroom in Royal is $1,130 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Royal pay a median of $1,136.

1 bedroom
$950
a month, with utilities
2 bedrooms
$1,130
a month, with utilities
3 bedrooms
$1,450
a month, with utilities

Studio $940 · 4 bedrooms $1,500

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61871; Champaign-Urbana, 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. Sales, days on market and supply: Redfin Data Center, May 2026. 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 coffee’s on

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01