House Prices

House Prices & Home Values Donovan, IL 2026


Average Data

average house price$107,425
average size per house1887 ft²
average price per ft²57 $ / ft²

04/18/2026 - The value range (VR) for house prices in Donovan, IL is $57/ sqft to $57/ sqft. An average home with 1887 sqft costs approximately $107,559 to $107,559. Donovan, IL includes 1 ZIP codes and it is located in Iroquois county. The lowest prices are found in ZIP 60931, while the highest are in ZIP 60931. The average price per sqare feet is $57. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Donovan

6093159 $ / ft²




Historical development of home values in Donovan

Year Estimated value (USD) Change vs. 2025
2010 $49,890 -53.6%
2011 $47,961 -55.4%
2012 $47,832 -55.5%
2013 $49,620 -53.8%
2014 $52,087 -51.5%
2015 $54,760 -49.0%
2016 $57,618 -46.4%
2017 $60,728 -43.5%
2018 $64,085 -40.3%
2019 $67,057 -37.6%
2020 $70,523 -34.4%
2021 $80,212 -25.3%
2022 $93,510 -13.0%
2023 $98,610 -8.2%
2024 $104,315 -2.9%
2025 $107,425 0.0%

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



Example: 100% financing house in Donovan

Loan amount: $107,425

Interest rate: 6.00%

Fixed monthly payment: $644.07

Breakdown in the 1st month:
Interest portion: $537.13  –  Principal portion: $106.94

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $6,409.61 $1,319.19 $106,105.81
2 $6,328.25 $1,400.56 $104,705.25
3 $6,241.87 $1,486.94 $103,218.31
4 $6,150.15 $1,578.65 $101,639.66
5 $6,052.79 $1,676.02 $99,963.64
6 $5,949.41 $1,779.39 $98,184.25
7 $5,839.67 $1,889.14 $96,295.11
8 $5,723.15 $2,005.66 $94,289.45
9 $5,599.44 $2,129.36 $92,160.09
10 $5,468.11 $2,260.70 $89,899.39
11 $5,328.67 $2,400.13 $87,499.26
12 $5,180.64 $2,548.17 $84,951.09
13 $5,023.47 $2,705.33 $82,245.76
14 $4,856.61 $2,872.19 $79,373.56
15 $4,679.46 $3,049.34 $76,324.22
16 $4,491.39 $3,237.42 $73,086.80
17 $4,291.71 $3,437.10 $69,649.71
18 $4,079.72 $3,649.09 $66,000.62
19 $3,854.65 $3,874.16 $62,126.46
20 $3,615.70 $4,113.11 $58,013.35
21 $3,362.01 $4,366.79 $53,646.56
22 $3,092.68 $4,636.13 $49,010.43
23 $2,806.73 $4,922.07 $44,088.36
24 $2,503.15 $5,225.66 $38,862.70
25 $2,180.84 $5,547.96 $33,314.73
26 $1,838.66 $5,890.15 $27,424.58
27 $1,475.36 $6,253.44 $21,171.14
28 $1,089.66 $6,639.14 $14,532.00
29 $680.18 $7,048.63 $7,483.37
30 $245.43 $7,483.37 $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 Donovan, IL


1500 sqft3900 sqft
Ø selling price$103,456$220,078
Ø fast selling$94,051$198,070
Ø high price sale$112,861$242,085

In 2026, houses in Donovan, IL will be offered at an average price of $57 per square foot. A 1,500 sqft home priced at $103,456 is 23.48% more expensive per square foot than a 3,900 sqft home priced at $220,078. Home prices in Donovan, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $152,361. Sellers who can wait longer may achieve a higher price of up to $186,220.


Discover Donovan, IL

Overview

Donovan, Illinois is a small village in Iroquois County known for its rural Midwestern charm and friendly pace of life.
Surrounded by expansive corn and soybean fields, the community offers classic prairie views and open skies. Its location in eastern Illinois makes Donovan a peaceful base with easy access to larger regional hubs like Watseka and Kankakee.

Living in Donovan

Residents value a close-knit atmosphere, where local events, church gatherings, and seasonal festivals bring neighbors together.
Affordable real estate and wide lots appeal to homebuyers seeking small-town living and room to grow. Families are served by area schools and youth programs that emphasize community involvement and team spirit. Reliable road connections link Donovan to local businesses, healthcare, and employment across the county and along the I?57 corridor.

Things to Do and Nearby Attractions

Outdoor enthusiasts appreciate quiet country roads for biking, farm-to-table stands in season, and bird-watching along creeks and prairie edges.
Day trips to Watseka, Kankakee, and Bourbonnais offer shopping, dining, museums, and park districts with year-round programming. Whether you are considering a move or planning a visit, Donovan, IL delivers authentic small-town hospitality and a relaxed, rural lifestyle.



FAQ – Home Values in Donovan

What is the median home value in Donovan in 2026?

In 2026, the typical home value in Donovan is about $107,425 for an average home size of 1887 square feet. This corresponds to an average price of roughly $57 per square foot.

What is the average cost per square foot in Donovan?

In 2026, homes in Donovan sell for an average of around $57 per square foot, with a typical range between $57 and $57 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 Donovan is about 1887 square feet, with an estimated 2026 value around $107,425.



Locations close to Donovan, IL

East Lynn, IL77 $ / ft²
Elliott, IL65 $ / ft²
Emington, IL150 $ / ft²
Danforth, IL75 $ / ft²
Cullom, IL29 $ / ft²
Crescent City, IL193 $ / ft²
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