House Prices

House Prices & Home Values Elizabeth, IL 2026


Average Data

average house price$242,175
average size per house2573 ft²
average price per ft²95 $ / ft²

04/17/2026 - The value range (VR) for house prices in Elizabeth, IL is $83/ sqft to $83/ sqft. An average home with 2573 sqft costs approximately $213,559 to $213,559. Elizabeth, IL includes 1 ZIP codes and it is located in Jo Daviess county. The lowest prices are found in ZIP 61028, while the highest are in ZIP 61028. The average price per sqare feet is $95. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Elizabeth

6102881 $ / ft²




Historical development of home values in Elizabeth

Year Estimated value (USD) Change vs. 2025
2010 $112,470 -53.6%
2011 $108,121 -55.4%
2012 $107,830 -55.5%
2013 $111,861 -53.8%
2014 $117,423 -51.5%
2015 $123,449 -49.0%
2016 $129,892 -46.4%
2017 $136,902 -43.5%
2018 $144,471 -40.3%
2019 $151,170 -37.6%
2020 $158,985 -34.4%
2021 $180,828 -25.3%
2022 $210,805 -13.0%
2023 $222,304 -8.2%
2024 $235,164 -2.9%
2025 $242,175 0.0%

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



Example: 100% financing house in Elizabeth

Loan amount: $242,175

Interest rate: 6.00%

Fixed monthly payment: $1,451.96

Breakdown in the 1st month:
Interest portion: $1,210.88  –  Principal portion: $241.09

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,449.60 $2,973.94 $239,201.06
2 $14,266.17 $3,157.36 $236,043.70
3 $14,071.44 $3,352.10 $232,691.60
4 $13,864.68 $3,558.85 $229,132.74
5 $13,645.18 $3,778.36 $225,354.39
6 $13,412.14 $4,011.40 $221,342.99
7 $13,164.73 $4,258.81 $217,084.18
8 $12,902.05 $4,521.48 $212,562.70
9 $12,623.18 $4,800.36 $207,762.34
10 $12,327.10 $5,096.43 $202,665.90
11 $12,012.77 $5,410.77 $197,255.13
12 $11,679.04 $5,744.50 $191,510.64
13 $11,324.73 $6,098.80 $185,411.83
14 $10,948.57 $6,474.97 $178,936.87
15 $10,549.21 $6,874.33 $172,062.54
16 $10,125.22 $7,298.32 $164,764.22
17 $9,675.07 $7,748.46 $157,015.75
18 $9,197.16 $8,226.37 $148,789.38
19 $8,689.78 $8,733.76 $140,055.62
20 $8,151.10 $9,272.44 $130,783.18
21 $7,579.20 $9,844.34 $120,938.84
22 $6,972.02 $10,451.52 $110,487.33
23 $6,327.39 $11,096.14 $99,391.18
24 $5,643.01 $11,780.53 $87,610.65
25 $4,916.41 $12,507.13 $75,103.52
26 $4,145.00 $13,278.54 $61,824.98
27 $3,326.01 $14,097.53 $47,727.45
28 $2,456.50 $14,967.04 $32,760.41
29 $1,533.37 $15,890.17 $16,870.24
30 $553.30 $16,870.24 $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 Elizabeth, IL


1500 sqft3900 sqft
Ø selling price$172,425$366,796
Ø fast selling$156,750$330,116
Ø high price sale$188,101$403,475

In 2026, houses in Elizabeth, IL will be offered at an average price of $95 per square foot. A 1,500 sqft home priced at $172,425 is 22.29% more expensive per square foot than a 3,900 sqft home priced at $366,796. Home prices in Elizabeth, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $253,936. Sellers who can wait longer may achieve a higher price of up to $310,365.


Discover Elizabeth, IL

Elizabeth, IL is a welcoming village in Jo Daviess County known for scenic hills, friendly locals, and small-town charm. Situated along US Highway 20 near Galena, Elizabeth Illinois serves as a convenient base for exploring northwest Illinois and the Driftless Area.

History & Heritage

History buffs visit the Apple River Fort State Historic Site, where engaging interpreters and exhibits tell the story of the 1832 Black Hawk War. Downtown Elizabeth features the Chicago Great Western Railway Depot Museum and photo-worthy murals that celebrate the region?s heritage.

Outdoors & Scenic Drives

Outdoor lovers enjoy rolling countryside drives, birding, and cycling routes that wind past farms, prairies, and the nearby Apple River Canyon State Park. In every season, the landscapes deliver Midwest fall colors, winter tranquility, and star-filled skies perfect for night photography.

Shopping, Dining & Events

Visitors browse antique shops, local artisans, and farm markets, then refuel at cozy cafes and supper clubs serving regional favorites.
Annual events and community festivals provide live music, family activities, and a welcoming taste of Elizabeth?s community spirit.

Visitor Tips

Lodging options range from quaint inns and cabins to nearby resorts, with easy drives to the Mississippi River bluffs and Galena attractions.
Plan your trip to Elizabeth, Illinois to experience authentic rural hospitality, rich history, and convenient access to signature northwest Illinois adventures.



FAQ – Home Values in Elizabeth

What is the median home value in Elizabeth in 2026?

In 2026, the typical home value in Elizabeth is about $242,175 for an average home size of 2573 square feet. This corresponds to an average price of roughly $95 per square foot.

What is the average cost per square foot in Elizabeth?

In 2026, homes in Elizabeth sell for an average of around $95 per square foot, with a typical range between $83 and $83 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 Elizabeth is about 2573 square feet, with an estimated 2026 value around $242,175.



Locations close to Elizabeth, IL

Forreston, IL56 $ / ft²
Franklin Grove, IL65 $ / ft²
Freeport, IL12 $ / ft²
Eleroy, IL89 $ / ft²
East Dubuque, IL122 $ / ft²
Durand, IL96 $ / ft²




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