House Prices

House Prices & Home Values Paloma, IL 2026


Average Data

average house price$49,900
average size per house1277 ft²
average price per ft²40 $ / ft²

04/23/2026 - The value range (VR) for house prices in Paloma, IL is $39/ sqft to $39/ sqft. An average home with 1277 sqft costs approximately $49,803 to $49,803. Paloma, IL includes 1 ZIP codes and it is located in Adams county. The lowest prices are found in ZIP 62359, while the highest are in ZIP 62359. The average price per sqare feet is $40. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Paloma

6235941 $ / ft²




Historical development of home values in Paloma

Year Estimated value (USD) Change vs. 2025
2010 $23,174 -53.6%
2011 $22,278 -55.4%
2012 $22,218 -55.5%
2013 $23,049 -53.8%
2014 $24,195 -51.5%
2015 $25,437 -49.0%
2016 $26,764 -46.4%
2017 $28,209 -43.5%
2018 $29,768 -40.3%
2019 $31,148 -37.6%
2020 $32,759 -34.4%
2021 $37,260 -25.3%
2022 $43,436 -13.0%
2023 $45,806 -8.2%
2024 $48,455 -2.9%
2025 $49,900 0.0%

Graph: estimated home values in Paloma over time (USD)



Example: 100% financing house in Paloma

Loan amount: $49,900

Interest rate: 6.00%

Fixed monthly payment: $299.18

Breakdown in the 1st month:
Interest portion: $249.50  –  Principal portion: $49.68

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $2,977.33 $612.78 $49,287.22
2 $2,939.54 $650.57 $48,636.65
3 $2,899.41 $690.70 $47,945.95
4 $2,856.81 $733.30 $47,212.65
5 $2,811.58 $778.53 $46,434.12
6 $2,763.56 $826.55 $45,607.58
7 $2,712.58 $877.53 $44,730.05
8 $2,658.46 $931.65 $43,798.40
9 $2,601.00 $989.11 $42,809.29
10 $2,539.99 $1,050.12 $41,759.18
11 $2,475.22 $1,114.89 $40,644.29
12 $2,406.46 $1,183.65 $39,460.64
13 $2,333.45 $1,256.65 $38,203.99
14 $2,255.95 $1,334.16 $36,869.82
15 $2,173.66 $1,416.45 $35,453.37
16 $2,086.29 $1,503.81 $33,949.56
17 $1,993.54 $1,596.57 $32,352.99
18 $1,895.07 $1,695.04 $30,657.95
19 $1,790.52 $1,799.59 $28,858.37
20 $1,679.53 $1,910.58 $26,947.79
21 $1,561.69 $2,028.42 $24,919.37
22 $1,436.58 $2,153.53 $22,765.84
23 $1,303.76 $2,286.35 $20,479.49
24 $1,162.74 $2,427.37 $18,052.12
25 $1,013.02 $2,577.09 $15,475.03
26 $854.07 $2,736.03 $12,739.00
27 $685.32 $2,904.79 $9,834.21
28 $506.16 $3,083.95 $6,750.26
29 $315.95 $3,274.16 $3,476.10
30 $114.01 $3,476.10 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Paloma, IL


1500 sqft3900 sqft
Ø selling price$72,600$154,440
Ø fast selling$66,000$138,997
Ø high price sale$79,200$169,884

In 2026, houses in Paloma, IL will be offered at an average price of $40 per square foot. A 1,500 sqft home priced at $72,600 is 23.81% more expensive per square foot than a 3,900 sqft home priced at $154,440. Home prices in Paloma, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $106,921. Sellers who can wait longer may achieve a higher price of up to $130,681.


Paloma, IL: Small-Town Charm in Adams County

Overview

Paloma, IL is a quiet unincorporated community rooted in the rolling farmland of Adams County. Known for its rural character and friendly pace, Paloma offers an authentic slice of the Midwest. Its location a short drive from Quincy connects residents to regional jobs, shopping, and healthcare. Visitors appreciate the open skies, country roads, and the welcoming spirit that defines the area. For travelers planning a scenic route, Paloma sits along well-traveled county corridors that make it easy to explore nearby river towns.

Lifestyle & Attractions

Agriculture anchors daily life here, with fields of corn and soybeans surrounding the community. Small churches, local gatherings, and seasonal festivals showcase the close-knit nature of Paloma, Illinois. Outdoor enthusiasts enjoy quick access to parks, hunting grounds, and the Mississippi River corridor for birding and boating. Homebuyers and investors will find value in the area?s affordable real estate and steady demand for country properties. Whether you are researching history, planning a day trip, or seeking quiet country living, Paloma, IL rewards you with Midwestern warmth and simple, enduring quality.



FAQ – Home Values in Paloma

What is the median home value in Paloma in 2026?

In 2026, the typical home value in Paloma is about $49,900 for an average home size of 1277 square feet. This corresponds to an average price of roughly $40 per square foot.

What is the average cost per square foot in Paloma?

In 2026, homes in Paloma sell for an average of around $40 per square foot, with a typical range between $39 and $39 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Paloma is about 1277 square feet, with an estimated 2026 value around $49,900.



Locations close to Paloma, IL

Payson, IL91 $ / ft²
Pearl, IL161 $ / ft²
Perry, IL45 $ / ft²
Niota, IL77 $ / ft²
New Salem, IL64 $ / ft²
New Canton, IL59 $ / ft²




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