House Prices

House Prices & Home Values Thebes, IL 2026


Average Data

average house price$205,740
average size per house1984 ft²
average price per ft²104 $ / ft²

04/23/2026 - The value range (VR) for house prices in Thebes, IL is $104/ sqft to $104/ sqft. An average home with 1984 sqft costs approximately $206,336 to $206,336. Thebes, IL includes 1 ZIP codes and it is located in Alexander county. The lowest prices are found in ZIP 62990, while the highest are in ZIP 62990. The average price per sqare feet is $104. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Thebes

62990104 $ / ft²




Historical development of home values in Thebes

Year Estimated value (USD) Change vs. 2025
2010 $95,549 -53.6%
2011 $91,854 -55.4%
2012 $91,607 -55.5%
2013 $95,031 -53.8%
2014 $99,757 -51.5%
2015 $104,876 -49.0%
2016 $110,350 -46.4%
2017 $116,306 -43.5%
2018 $122,736 -40.3%
2019 $128,427 -37.6%
2020 $135,066 -34.4%
2021 $153,623 -25.3%
2022 $179,090 -13.0%
2023 $188,858 -8.2%
2024 $199,784 -2.9%
2025 $205,740 0.0%

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



Example: 100% financing house in Thebes

Loan amount: $205,740

Interest rate: 6.00%

Fixed monthly payment: $1,233.52

Breakdown in the 1st month:
Interest portion: $1,028.70  –  Principal portion: $204.82

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,275.67 $2,526.51 $203,213.49
2 $12,119.84 $2,682.34 $200,531.15
3 $11,954.40 $2,847.78 $197,683.37
4 $11,778.76 $3,023.43 $194,659.94
5 $11,592.28 $3,209.91 $191,450.03
6 $11,394.30 $3,407.89 $188,042.15
7 $11,184.11 $3,618.08 $184,424.07
8 $10,960.95 $3,841.23 $180,582.84
9 $10,724.03 $4,078.15 $176,504.69
10 $10,472.50 $4,329.68 $172,175.01
11 $10,205.46 $4,596.73 $167,578.28
12 $9,921.94 $4,880.24 $162,698.04
13 $9,620.94 $5,181.25 $157,516.80
14 $9,301.37 $5,500.81 $152,015.98
15 $8,962.09 $5,840.09 $146,175.89
16 $8,601.89 $6,200.30 $139,975.60
17 $8,219.47 $6,582.72 $133,392.88
18 $7,813.46 $6,988.72 $126,404.16
19 $7,382.41 $7,419.77 $118,984.39
20 $6,924.78 $7,877.41 $111,106.98
21 $6,438.91 $8,363.27 $102,743.71
22 $5,923.09 $8,879.10 $93,864.61
23 $5,375.44 $9,426.74 $84,437.87
24 $4,794.02 $10,008.16 $74,429.71
25 $4,176.74 $10,625.44 $63,804.27
26 $3,521.39 $11,280.80 $52,523.47
27 $2,825.61 $11,976.57 $40,546.90
28 $2,086.92 $12,715.26 $27,831.64
29 $1,302.67 $13,499.51 $14,332.13
30 $470.05 $14,332.13 $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 Thebes, IL


1500 sqft3900 sqft
Ø selling price$188,761$401,545
Ø fast selling$171,600$361,390
Ø high price sale$205,921$441,699

In 2026, houses in Thebes, IL will be offered at an average price of $104 per square foot. A 1,500 sqft home priced at $188,761 is 22.95% more expensive per square foot than a 3,900 sqft home priced at $401,545. Home prices in Thebes, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $277,992. Sellers who can wait longer may achieve a higher price of up to $339,768.


Discover Thebes, Illinois

Overview

Thebes, IL is a historic Mississippi River village in Alexander County, known for dramatic river bluffs and small-town charm.
Located just northwest of Cairo and across from Cape Girardeau, this Southern Illinois community offers authentic river heritage.

History and Landmarks

The 1848 stone Thebes Courthouse sits high on a bluff, a photogenic landmark that once served as the county seat.

Nearby, the iconic Thebes Bridge carries freight trains across the Mississippi, showcasing early 20th?century engineering.

Local lore connects notable 19th?century figures to the courthouse, adding to the town?s storied past.

Outdoor Views and Activities

Visitors enjoy sweeping river vistas, eagles in winter, and colorful sunsets from overlooks around town.
Thebes makes a quiet base for exploring southern Illinois attractions like Trail of Tears State Forest and the edges of Shawnee National Forest.

Photographers appreciate historic stonework, rail action on the bridge, and seasonal river scenes.

Travel Tips

Plan your visit with river levels and weather in mind, as low-lying areas can be affected by seasonal flooding.

For services, dining, and lodging, many travelers pair Thebes, Illinois with nearby Cape Girardeau or other communities along the Great River Road.



FAQ – Home Values in Thebes

What is the median home value in Thebes in 2026?

In 2026, the typical home value in Thebes is about $205,740 for an average home size of 1984 square feet. This corresponds to an average price of roughly $104 per square foot.

What is the average cost per square foot in Thebes?

In 2026, homes in Thebes sell for an average of around $104 per square foot, with a typical range between $104 and $104 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 Thebes is about 1984 square feet, with an estimated 2026 value around $205,740.



Locations close to Thebes, IL

Ullin, IL47 $ / ft²
Vergennes, IL78 $ / ft²
Vienna, IL94 $ / ft²
Tamms, IL133 $ / ft²
Stonefort, IL58 $ / ft²
Simpson, IL142 $ / ft²




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