Royalton, IL housing market
The typical Royalton home is worth about $75,000, up 17.2% in a year, 75% below the Illinois typical home.
Home values, sales, trends and how Royalton compares with the towns next door — updated as new data is published.
Royalton at a glance
Typical home value, 2016–2026
Show as a table
| January | Royalton | Illinois |
|---|---|---|
| 2017 | $84,000 | $181,000 |
| 2018 | $83,000 | $190,000 |
| 2019 | $81,000 | $195,000 |
| 2020 | $91,000 | $200,000 |
| 2021 | $97,000 | $215,000 |
| 2022 | $84,000 | $236,000 |
| 2023 | $86,000 | $248,000 |
| 2024 | $69,000 | $263,000 |
| 2025 | $67,000 | $278,000 |
| 2026 | $66,000 | $290,000 |
| August 2026 | $75,000 | $298,000 |
1 new home permitted in 2025
Builders were permitted 1 new home in Royalton in 2025. That's 0.8 per 1,000 residents, slower than across Illinois (1.6). Over the past 10 years, Royalton has permitted 4 homes in all.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $60,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 3 | 3 | 0 | $82,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 2 | 2 | 0 | $316,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
1.3 years of income
The typical Royalton home costs about 1.3 years of the town's median household income, less than across Illinois (3.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $950
HUD's Fair Market Rent for a two-bedroom in Royalton is $950 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Royalton pay a median of $906. A two-bedroom takes about 19% of the town's median household income.
Studio $650 · 4 bedrooms $1,380
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (62983; Franklin 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.
Recent listings in Royalton
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.