House Prices

House Prices & Home Values Penfield, IL 2026


Average Data

average house price$134,450
average size per house1568 ft²
average price per ft²86 $ / ft²

04/18/2026 - The value range (VR) for house prices in Penfield, IL is $86/ sqft to $86/ sqft. An average home with 1568 sqft costs approximately $134,848 to $134,848. Penfield, IL includes 1 ZIP codes and it is located in Champaign county. The lowest prices are found in ZIP 61862, while the highest are in ZIP 61862. The average price per sqare feet is $86. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Penfield

6186291 $ / ft²




Historical development of home values in Penfield

Year Estimated value (USD) Change vs. 2025
2010 $62,441 -53.6%
2011 $60,026 -55.4%
2012 $59,865 -55.5%
2013 $62,102 -53.8%
2014 $65,190 -51.5%
2015 $68,536 -49.0%
2016 $72,113 -46.4%
2017 $76,005 -43.5%
2018 $80,207 -40.3%
2019 $83,926 -37.6%
2020 $88,265 -34.4%
2021 $100,392 -25.3%
2022 $117,034 -13.0%
2023 $123,418 -8.2%
2024 $130,558 -2.9%
2025 $134,450 0.0%

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



Example: 100% financing house in Penfield

Loan amount: $134,450

Interest rate: 6.00%

Fixed monthly payment: $806.10

Breakdown in the 1st month:
Interest portion: $672.25  –  Principal portion: $133.85

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $8,022.09 $1,651.06 $132,798.94
2 $7,920.25 $1,752.90 $131,046.04
3 $7,812.14 $1,861.01 $129,185.03
4 $7,697.35 $1,975.79 $127,209.24
5 $7,575.49 $2,097.66 $125,111.58
6 $7,446.11 $2,227.03 $122,884.55
7 $7,308.75 $2,364.39 $120,520.15
8 $7,162.92 $2,510.22 $118,009.93
9 $7,008.10 $2,665.05 $115,344.88
10 $6,843.72 $2,829.42 $112,515.46
11 $6,669.21 $3,003.94 $109,511.52
12 $6,483.94 $3,189.21 $106,322.31
13 $6,287.23 $3,385.92 $102,936.39
14 $6,078.40 $3,594.75 $99,341.64
15 $5,856.68 $3,816.47 $95,525.17
16 $5,621.29 $4,051.86 $91,473.31
17 $5,371.38 $4,301.77 $87,171.54
18 $5,106.05 $4,567.09 $82,604.45
19 $4,824.37 $4,848.78 $77,755.67
20 $4,525.30 $5,147.84 $72,607.82
21 $4,207.80 $5,465.35 $67,142.47
22 $3,870.71 $5,802.44 $61,340.03
23 $3,512.82 $6,160.32 $55,179.70
24 $3,132.87 $6,540.28 $48,639.42
25 $2,729.48 $6,943.67 $41,695.75
26 $2,301.21 $7,371.94 $34,323.81
27 $1,846.52 $7,826.63 $26,497.18
28 $1,363.79 $8,309.36 $18,187.83
29 $851.29 $8,821.86 $9,365.97
30 $307.18 $9,365.97 $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 Penfield, IL


1500 sqft3900 sqft
Ø selling price$156,090$332,046
Ø fast selling$141,900$298,842
Ø high price sale$170,280$365,251

In 2026, houses in Penfield, IL will be offered at an average price of $86 per square foot. A 1,500 sqft home priced at $156,090 is 24.29% more expensive per square foot than a 3,900 sqft home priced at $332,046. Home prices in Penfield, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $229,879. Sellers who can wait longer may achieve a higher price of up to $280,963.

FAQ – Home Values in Penfield

What is the median home value in Penfield in 2026?

In 2026, the typical home value in Penfield is about $134,450 for an average home size of 1568 square feet. This corresponds to an average price of roughly $86 per square foot.

What is the average cost per square foot in Penfield?

In 2026, homes in Penfield sell for an average of around $86 per square foot, with a typical range between $86 and $86 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 Penfield is about 1568 square feet, with an estimated 2026 value around $134,450.



Locations close to Penfield, IL

Pesotum, IL88 $ / ft²
Philo, IL156 $ / ft²
Potomac, IL62 $ / ft²
Ogden, IL126 $ / ft²
Oakwood, IL61 $ / ft²
Muncie, IL31 $ / ft²
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