House Prices

House Prices & Home Values Herscher, IL 2026


Average Data

average house price$157,800
average size per house1402 ft²
average price per ft²113 $ / ft²

04/16/2026 - The value range (VR) for house prices in Herscher, IL is $117/ sqft to $117/ sqft. An average home with 1402 sqft costs approximately $164,034 to $164,034. Herscher, IL includes 1 ZIP codes and it is located in Kankakee county. The lowest prices are found in ZIP 60941, while the highest are in ZIP 60941. The average price per sqare feet is $113. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Herscher

60941120 $ / ft²




Historical development of home values in Herscher

Year Estimated value (USD) Change vs. 2025
2010 $73,285 -53.6%
2011 $70,451 -55.4%
2012 $70,262 -55.5%
2013 $72,888 -53.8%
2014 $76,512 -51.5%
2015 $80,439 -49.0%
2016 $84,637 -46.4%
2017 $89,205 -43.5%
2018 $94,137 -40.3%
2019 $98,502 -37.6%
2020 $103,594 -34.4%
2021 $117,827 -25.3%
2022 $137,359 -13.0%
2023 $144,852 -8.2%
2024 $153,232 -2.9%
2025 $157,800 0.0%

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



Example: 100% financing house in Herscher

Loan amount: $157,800

Interest rate: 6.00%

Fixed monthly payment: $946.09

Breakdown in the 1st month:
Interest portion: $789.00  –  Principal portion: $157.09

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,415.29 $1,937.80 $155,862.20
2 $9,295.77 $2,057.32 $153,804.88
3 $9,168.88 $2,184.21 $151,620.66
4 $9,034.16 $2,318.93 $149,301.73
5 $8,891.13 $2,461.96 $146,839.78
6 $8,739.28 $2,613.81 $144,225.97
7 $8,578.07 $2,775.02 $141,450.95
8 $8,406.91 $2,946.18 $138,504.77
9 $8,225.20 $3,127.89 $135,376.89
10 $8,032.28 $3,320.81 $132,056.07
11 $7,827.46 $3,525.63 $128,530.44
12 $7,610.00 $3,743.08 $124,787.36
13 $7,379.14 $3,973.95 $120,813.41
14 $7,134.03 $4,219.05 $116,594.35
15 $6,873.81 $4,479.28 $112,115.08
16 $6,597.54 $4,755.55 $107,359.53
17 $6,304.23 $5,048.86 $102,310.67
18 $5,992.83 $5,360.26 $96,950.40
19 $5,662.22 $5,690.87 $91,259.53
20 $5,311.22 $6,041.87 $85,217.66
21 $4,938.57 $6,414.52 $78,803.14
22 $4,542.93 $6,810.16 $71,992.98
23 $4,122.90 $7,230.19 $64,762.79
24 $3,676.95 $7,676.13 $57,086.65
25 $3,203.51 $8,149.58 $48,937.07
26 $2,700.86 $8,652.23 $40,284.84
27 $2,167.21 $9,185.88 $31,098.96
28 $1,600.64 $9,752.45 $21,346.52
29 $999.13 $10,353.95 $10,992.56
30 $360.52 $10,992.56 $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 Herscher, IL


1500 sqft3900 sqft
Ø selling price$205,096$436,294
Ø fast selling$186,451$392,664
Ø high price sale$223,741$479,923

In 2026, houses in Herscher, IL will be offered at an average price of $113 per square foot. A 1,500 sqft home priced at $205,096 is 23.48% more expensive per square foot than a 3,900 sqft home priced at $436,294. Home prices in Herscher, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $302,049. Sellers who can wait longer may achieve a higher price of up to $369,172.


Discover Herscher, IL

Location & Overview

Herscher, IL is a welcoming village in western Kankakee County, known for its agricultural roots and small-town charm. Set amid prairie fields, Herscher, Illinois offers peaceful living within driving distance of the greater Chicago metro area.

Community & Lifestyle

Residents enjoy a close-knit community with youth sports, seasonal festivities, and volunteer-driven events that showcase Midwest hospitality. Quiet neighborhoods, well-kept parks,
and open skies make Herscher, IL ideal for families and anyone seeking a slower pace.

Education & Schools

Local schools serve as a community hub, supporting academics, arts, and athletics with strong hometown pride. From classrooms to Friday night games, Herscher rallies around its students and traditions.

Business & Economy

A blend of family-owned businesses, services, and agriculture supports the local economy and provides everyday conveniences close to home. Proximity to Kankakee and regional corridors offers additional jobs, healthcare, and shopping options.

Things to Do & Housing

Outdoor enthusiasts find walking paths, ball fields, and scenic drives, while local diners and shops add flavor to weekend plans.
With a range of single-family homes and spacious lots, Herscher, IL real estate delivers small-town value and room to grow.



FAQ – Home Values in Herscher

What is the median home value in Herscher in 2026?

In 2026, the typical home value in Herscher is about $157,800 for an average home size of 1402 square feet. This corresponds to an average price of roughly $113 per square foot.

What is the average cost per square foot in Herscher?

In 2026, homes in Herscher sell for an average of around $113 per square foot, with a typical range between $117 and $117 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 Herscher is about 1402 square feet, with an estimated 2026 value around $157,800.



Locations close to Herscher, IL

Hoopeston, IL33 $ / ft²
Iroquois, IL121 $ / ft²
Kempton, IL67 $ / ft²
Grant Park, IL128 $ / ft²
Gilman, IL84 $ / ft²
Gibson City, IL84 $ / ft²
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