House Prices

House Prices & Home Values Rantoul, IL 2026


Average Data

average house price$119,400
average size per house1503 ft²
average price per ft²80 $ / ft²

04/18/2026 - The value range (VR) for house prices in Rantoul, IL is $72/ sqft to $72/ sqft. An average home with 1503 sqft costs approximately $108,216 to $108,216. Rantoul, IL includes 1 ZIP codes and it is located in Champaign county. The lowest prices are found in ZIP 61866, while the highest are in ZIP 61866. The average price per sqare feet is $80. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Rantoul

6186674 $ / ft²




Historical development of home values in Rantoul

Year Estimated value (USD) Change vs. 2025
2010 $55,452 -53.6%
2011 $53,307 -55.4%
2012 $53,164 -55.5%
2013 $55,151 -53.8%
2014 $57,893 -51.5%
2015 $60,864 -49.0%
2016 $64,041 -46.4%
2017 $67,497 -43.5%
2018 $71,229 -40.3%
2019 $74,532 -37.6%
2020 $78,385 -34.4%
2021 $89,154 -25.3%
2022 $103,934 -13.0%
2023 $109,603 -8.2%
2024 $115,943 -2.9%
2025 $119,400 0.0%

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



Example: 100% financing house in Rantoul

Loan amount: $119,400

Interest rate: 6.00%

Fixed monthly payment: $715.86

Breakdown in the 1st month:
Interest portion: $597.00  –  Principal portion: $118.86

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $7,124.11 $1,466.25 $117,933.75
2 $7,033.68 $1,556.68 $116,377.07
3 $6,937.67 $1,652.69 $114,724.38
4 $6,835.73 $1,754.63 $112,969.75
5 $6,727.51 $1,862.85 $111,106.90
6 $6,612.61 $1,977.75 $109,129.16
7 $6,490.63 $2,099.73 $107,029.43
8 $6,361.12 $2,229.24 $104,800.19
9 $6,223.63 $2,366.73 $102,433.46
10 $6,077.65 $2,512.71 $99,920.76
11 $5,922.68 $2,667.68 $97,253.07
12 $5,758.14 $2,832.22 $94,420.85
13 $5,583.45 $3,006.91 $91,413.95
14 $5,398.00 $3,192.36 $88,221.58
15 $5,201.10 $3,389.26 $84,832.32
16 $4,992.06 $3,598.30 $81,234.02
17 $4,770.12 $3,820.24 $77,413.78
18 $4,534.50 $4,055.86 $73,357.91
19 $4,284.34 $4,306.02 $69,051.89
20 $4,018.75 $4,571.61 $64,480.28
21 $3,736.79 $4,853.57 $59,626.71
22 $3,437.43 $5,152.93 $54,473.78
23 $3,119.61 $5,470.75 $49,003.02
24 $2,782.18 $5,808.18 $43,194.85
25 $2,423.95 $6,166.41 $37,028.43
26 $2,043.62 $6,546.74 $30,481.69
27 $1,639.83 $6,950.53 $23,531.16
28 $1,211.13 $7,379.23 $16,151.93
29 $756.00 $7,834.36 $8,317.57
30 $272.79 $8,317.57 $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 Rantoul, IL


1500 sqft3900 sqft
Ø selling price$145,200$308,880
Ø fast selling$132,000$277,993
Ø high price sale$158,400$339,768

In 2026, houses in Rantoul, IL will be offered at an average price of $80 per square foot. A 1,500 sqft home priced at $145,200 is 23.37% more expensive per square foot than a 3,900 sqft home priced at $308,880. Home prices in Rantoul, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $213,841. Sellers who can wait longer may achieve a higher price of up to $261,361.


Discover Rantoul, IL

Overview

Rantoul, IL is a welcoming village in Champaign County along U.S. 45 with quick connections to I-57.

The community blends small-town charm with affordable living and convenient access to the amenities of Champaign-Urbana.


History & Heritage

Known for its aviation legacy, Rantoul grew around the historic Chanute Air Force Base, which operated from 1917 to 1993.

Today, the former base area hosts businesses, community services, and the Rantoul National Aviation Center, while heritage displays and murals honor its past.


Things to Do

For recreation, the Rantoul Family Sports Complex draws regional tournaments with state-of-the-art turf fields and multipurpose facilities.

Residents and visitors enjoy neighborhood parks, local fishing spots, seasonal festivals, and nearby forest preserves for hiking and wildlife viewing.

Downtown Rantoul features casual restaurants, coffee shops, and essential services that support everyday living and weekend outings.


Living, Schools, and Access

Cost of living and real estate in Rantoul, IL appeal to first-time buyers, renters, and growing families.

Rantoul Township schools serve the community, and the University of Illinois at Urbana-Champaign is a short drive for higher education, sports, and cultural events.

Proximity to major highways and regional airports in Savoy and Bloomington supports commuting, jobs, logistics, and business growth.



FAQ – Home Values in Rantoul

What is the median home value in Rantoul in 2026?

In 2026, the typical home value in Rantoul is about $119,400 for an average home size of 1503 square feet. This corresponds to an average price of roughly $80 per square foot.

What is the average cost per square foot in Rantoul?

In 2026, homes in Rantoul sell for an average of around $80 per square foot, with a typical range between $72 and $72 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 Rantoul is about 1503 square feet, with an estimated 2026 value around $119,400.



Locations close to Rantoul, IL

Ridge Farm, IL44 $ / ft²
Royal, IL102 $ / ft²
Sadorus, IL75 $ / ft²
Potomac, IL62 $ / ft²
Philo, IL156 $ / ft²
Pesotum, IL88 $ / ft²




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