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Housing in Willow Branch

A typical Willow Branch home is worth roughly $300,000

Typical home value
$300K
IL $298K
Estimate
2-bedroom rent
$1,110
a month, utilities in · HUD
Median tax bill
$4,143
IL $5,298
Affordability

A typical home costs 3.4 years of income

About the same as across Illinois. Try your own numbers below.

You could afford about
$325,000
Typical Willow Branch home $300K

That covers a typical Willow Branch home, with $25K to spare.

The typical home, each month
$1,920
Loan $1,490Tax $350Insurance $90

A two-bedroom rents for about $1,110 a month here, $810 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Willow Branch’s typical property tax (1.38% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,110

Renters already here pay a median of $1,344.

Fair Market Rent a month, utilities included

Studio$940
1 bedroom$940
2 bedrooms$1,110
3 bedrooms$1,430
4 bedrooms$1,470
13%
of households rent · IL 33%
33
renter households
$1,344
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Champaign-Urbana, IL HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

87% of Willow Branch households own their home

Half of Willow Branch’s homes were built before 1991.

Owners and renters
Own 87%Rent 13%

Illinois: 67% own.

1991
typical home built · IL 1971
$4,143
median property tax bill · IL $5,298
1.38%
of a home’s value, a year in tax · IL 2.01%

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

Next door

Willow Branch vs. its neighbors

Willow Branch is the priciest of 8 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Willow Branch$300K*—$1,110$88,929
Friends Creek$136K*—$1,230$89,766
Monticello$285K+5.1%$1,140$99,256
Goose Creek$95K*—$1,050$59,417
Cerro Gordo$147K−8.3%$1,050$86,193
Oakley$232K*—$1,280$112,563
Nixon$111K*—$1,080$63,523
Bement$176K+1%$990$79,167

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Willow Branch buyers, sellers and renters are saying.

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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