Yates, IL housing market
The typical Yates home is worth about $129,000, up 16.7% in a year, 57% below the Illinois typical home.
Home values, sales, trends and how Yates compares with the towns next door — updated as new data is published.
Yates 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 | Yates | Illinois |
|---|---|---|
| 2017 | $76,000 | $181,000 |
| 2018 | $78,000 | $190,000 |
| 2019 | $77,000 | $195,000 |
| 2020 | $84,000 | $200,000 |
| 2021 | $91,000 | $215,000 |
| 2022 | $98,000 | $236,000 |
| 2023 | $98,000 | $248,000 |
| 2024 | $101,000 | $263,000 |
| 2025 | $105,000 | $278,000 |
| 2026 | $121,000 | $290,000 |
| August 2026 | $129,000 | $298,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,040
HUD's Fair Market Rent for a two-bedroom in Yates is $1,040 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Yates pay a median of $590, so moving in tends to cost more than staying put.
Studio $790 · 4 bedrooms $1,380
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61572; Knox 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.
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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.