Timberlane, IL housing market
The typical Timberlane home is worth about $449,000, up 7% in a year, 51% above the Illinois typical home.
Home values, sales, trends and how Timberlane compares with the towns next door — updated as new data is published.
Timberlane at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Timberlane | Illinois |
|---|---|---|
| 2017 | $247,000 | $181,000 |
| 2018 | $262,000 | $190,000 |
| 2019 | $270,000 | $195,000 |
| 2020 | $285,000 | $200,000 |
| 2021 | $304,000 | $215,000 |
| 2022 | $346,000 | $236,000 |
| 2023 | $364,000 | $248,000 |
| 2024 | $380,000 | $263,000 |
| 2025 | $407,000 | $278,000 |
| 2026 | $436,000 | $290,000 |
| August 2026 | $449,000 | $298,000 |
2 new homes permitted in 2025
Builders were permitted 2 new homes in Timberlane in 2025, all single-family houses. That's 1.6 per 1,000 residents, about the pace of Illinois as a whole. Over the past 10 years, Timberlane has permitted 9 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Timberlane's population fell by 28 even though 12 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year.
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) | 4 | 4 | 0 | $2 million |
| 2025 | 2 | 2 | 0 | $980,000 |
| 2024 | 1 | 1 | 0 | $460,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 2 | 2 | 0 | $655,000 |
| 2020 | 2 | 2 | 0 | $620,000 |
| 2019 | 1 | 1 | 0 | $310,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 1 | 1 | 0 | $230,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 1 | 1 | 0 | $270,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 2 | 2 | 0 | $539,000 |
| 2012 | 2 | 2 | 0 | $595,000 |
| 2011 | 1 | 1 | 0 | $399,000 |
| 2010 | 4 | 4 | 0 | $841,000 |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 3 | 3 | 0 | $720,000 |
| 2007 | 9 | 9 | 0 | $2.3 million |
| 2006 | 13 | 13 | 0 | $2.3 million |
| 2005 | 24 | 24 | 0 | $3.7 million |
| 2004 | 31 | 31 | 0 | $4.3 million |
| 2003 | 33 | 33 | 0 | $3.9 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Timberlane and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Timberlane | $449K | +7% | $1,450 | 2 | $147,308 |
| Poplar Grove | — | +1.1%† | $1,760 | 13 | $120,278 |
† FHFA price index change, where Zillow has no home value for the town.
3 years of income
The typical Timberlane home costs about 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 $1,450
HUD's Fair Market Rent for a two-bedroom in Timberlane is $1,450 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 12% of the town's median household income.
Studio $1,000 · 4 bedrooms $1,970
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61008, 61011, 61065; Rockford, IL MSA), 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, 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.