House Prices

House Prices & Home Values Bingham, IL 2026


Average Data

average house price$129,846
average size per house1534 ft²
average price per ft²85 $ / ft²

04/18/2026 - The value range (VR) for house prices in Bingham, IL is $150/ sqft to $150/ sqft. An average home with 1534 sqft costs approximately $230,100 to $230,100. Bingham, IL includes 1 ZIP codes and it is located in Fayette county. The lowest prices are found in ZIP 62011, while the highest are in ZIP 62011. The average price per sqare feet is $85. Our analysis is based on 37 property listings.

Avergage prices by ZIP codes Bingham

62011137 $ / ft²




Historical development of home values in Bingham

Year Estimated value (USD) Change vs. 2025
2010 $60,303 -53.6%
2011 $57,971 -55.4%
2012 $57,815 -55.5%
2013 $59,976 -53.8%
2014 $62,958 -51.5%
2015 $66,189 -49.0%
2016 $69,644 -46.4%
2017 $73,402 -43.5%
2018 $77,461 -40.3%
2019 $81,052 -37.6%
2020 $85,242 -34.4%
2021 $96,954 -25.3%
2022 $113,026 -13.0%
2023 $119,192 -8.2%
2024 $126,087 -2.9%
2025 $129,846 0.0%

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



Example: 100% financing house in Bingham

Loan amount: $129,846

Interest rate: 6.00%

Fixed monthly payment: $778.49

Breakdown in the 1st month:
Interest portion: $649.23  –  Principal portion: $129.26

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $7,747.38 $1,594.52 $128,251.48
2 $7,649.04 $1,692.87 $126,558.61
3 $7,544.63 $1,797.28 $124,761.32
4 $7,433.77 $1,908.14 $122,853.19
5 $7,316.08 $2,025.83 $120,827.36
6 $7,191.13 $2,150.77 $118,676.59
7 $7,058.48 $2,283.43 $116,393.16
8 $6,917.64 $2,424.27 $113,968.89
9 $6,768.12 $2,573.79 $111,395.10
10 $6,609.37 $2,732.54 $108,662.57
11 $6,440.84 $2,901.07 $105,761.49
12 $6,261.90 $3,080.00 $102,681.49
13 $6,071.94 $3,269.97 $99,411.52
14 $5,870.25 $3,471.66 $95,939.86
15 $5,656.13 $3,685.78 $92,254.08
16 $5,428.80 $3,913.11 $88,340.97
17 $5,187.45 $4,154.46 $84,186.51
18 $4,931.21 $4,410.70 $79,775.81
19 $4,659.16 $4,682.74 $75,093.06
20 $4,370.34 $4,971.57 $70,121.50
21 $4,063.71 $5,278.20 $64,843.30
22 $3,738.16 $5,603.75 $59,239.55
23 $3,392.53 $5,949.38 $53,290.17
24 $3,025.59 $6,316.32 $46,973.85
25 $2,636.01 $6,705.90 $40,267.95
26 $2,222.41 $7,119.50 $33,148.45
27 $1,783.29 $7,558.62 $25,589.84
28 $1,317.09 $8,024.82 $17,565.02
29 $822.14 $8,519.77 $9,045.25
30 $296.66 $9,045.25 $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 Bingham, IL


1500 sqft3900 sqft
Ø selling price$154,275$328,185
Ø fast selling$140,250$295,367
Ø high price sale$168,300$361,004

In 2026, houses in Bingham, IL will be offered at an average price of $85 per square foot. A 1,500 sqft home priced at $154,275 is 20.91% more expensive per square foot than a 3,900 sqft home priced at $328,185. Home prices in Bingham, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $227,206. Sellers who can wait longer may achieve a higher price of up to $277,696.


Discover Bingham, IL

Overview

Located in rural Fayette County, Bingham, IL offers classic Midwestern small-town character. This quiet village provides a peaceful setting surrounded by rolling farmland and wide open skies.
Travelers and home seekers appreciate its convenient access to larger regional hubs while keeping a relaxed pace of life.

Community and Living

Residents of Bingham, Illinois value close-knit community connections, local traditions, and friendly neighbors. Housing options and real estate in Bingham, IL tend to be affordable, attracting first-time buyers, retirees, and families seeking value.
Essential services and schools are found in nearby towns, with Bingham serving as a calm residential base.

Things to Do and Nearby Access

Outdoor enthusiasts enjoy country roads for scenic drives, cycling, and wildlife watching throughout the seasons. The region?s agricultural heritage shapes community events, farm stands, and a strong work ethic.
Visitors can explore historic sites, parks, and small businesses across Fayette County before returning to the tranquility of Bingham. Whether you are planning a move or a day trip, Bingham, IL delivers welcoming charm, open space, and authentic Illinois living.



FAQ – Home Values in Bingham

What is the median home value in Bingham in 2026?

In 2026, the typical home value in Bingham is about $129,846 for an average home size of 1534 square feet. This corresponds to an average price of roughly $85 per square foot.

What is the average cost per square foot in Bingham?

In 2026, homes in Bingham sell for an average of around $85 per square foot, with a typical range between $150 and $150 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 Bingham is about 1534 square feet, with an estimated 2026 value around $129,846.



Locations close to Bingham, IL

Brighton, IL106 $ / ft²
Brussels, IL87 $ / ft²
Bunker Hill, IL77 $ / ft²
Bethalto, IL131 $ / ft²
Benld, IL46 $ / ft²
Batchtown, IL74 $ / ft²
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