Smithboro, IL housing market
The typical Smithboro home is worth about $174,000, up 13.9% in a year, 41% below the Illinois typical home.
Home values, sales, trends and how Smithboro compares with the towns next door — updated as new data is published.
Smithboro at a glance
Typical home value, 2021–2026
Show as a table
| January | Smithboro | Illinois |
|---|---|---|
| 2022 | $149,000 | $236,000 |
| 2023 | $155,000 | $248,000 |
| 2024 | $153,000 | $263,000 |
| 2025 | $162,000 | $278,000 |
| 2026 | $166,000 | $290,000 |
| August 2026 | $174,000 | $298,000 |
No new homes permitted in 2025
No permits for new homes were issued in Smithboro in 2025. The last year with any was 2008 (1 new home).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 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 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 1 | 1 | 0 | $300,000 |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 1 | 1 | 0 | $35,000 |
| 2005 | 2 | 2 | 0 | $250,000 |
| 2004 | 15 | 15 | 0 | $1.6 million |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Smithboro and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Smithboro | $174K | +13.9% | $940 | 0 | $44,375 |
| Greenville | $179K | +9.8% | $990 | 1 | $62,089 |
A two-bedroom rents for about $940
HUD's Fair Market Rent for a two-bedroom in Smithboro is $940 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $650 · 4 bedrooms $1,240
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (62284; Bond County, 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.