House Prices

House Prices & Home Values Chestnut, IL 2026


Average Data

average house price$122,477
average size per house1793 ft²
average price per ft²69 $ / ft²

04/22/2026 - The value range (VR) for house prices in Chestnut, IL is $58/ sqft to $58/ sqft. An average home with 1793 sqft costs approximately $103,994 to $103,994. Chestnut, IL includes 1 ZIP codes and it is located in Logan county. The lowest prices are found in ZIP 62518, while the highest are in ZIP 62518. The average price per sqare feet is $69. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Chestnut

6251862 $ / ft²




Historical development of home values in Chestnut

Year Estimated value (USD) Change vs. 2025
2010 $56,881 -53.6%
2011 $54,681 -55.4%
2012 $54,534 -55.5%
2013 $56,572 -53.8%
2014 $59,385 -51.5%
2015 $62,433 -49.0%
2016 $65,691 -46.4%
2017 $69,237 -43.5%
2018 $73,065 -40.3%
2019 $76,452 -37.6%
2020 $80,405 -34.4%
2021 $91,452 -25.3%
2022 $106,612 -13.0%
2023 $112,427 -8.2%
2024 $118,931 -2.9%
2025 $122,477 0.0%

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



Example: 100% financing house in Chestnut

Loan amount: $122,477

Interest rate: 6.00%

Fixed monthly payment: $734.31

Breakdown in the 1st month:
Interest portion: $612.39  –  Principal portion: $121.93

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $7,307.71 $1,504.03 $120,972.97
2 $7,214.94 $1,596.80 $119,376.17
3 $7,116.45 $1,695.28 $117,680.89
4 $7,011.89 $1,799.85 $115,881.04
5 $6,900.88 $1,910.86 $113,970.18
6 $6,783.02 $2,028.71 $111,941.47
7 $6,657.90 $2,153.84 $109,787.63
8 $6,525.05 $2,286.68 $107,500.95
9 $6,384.02 $2,427.72 $105,073.22
10 $6,234.28 $2,577.46 $102,495.77
11 $6,075.31 $2,736.43 $99,759.33
12 $5,906.53 $2,905.21 $96,854.13
13 $5,727.34 $3,084.39 $93,769.73
14 $5,537.10 $3,274.63 $90,495.10
15 $5,335.13 $3,476.61 $87,018.49
16 $5,120.70 $3,691.04 $83,327.46
17 $4,893.05 $3,918.69 $79,408.77
18 $4,651.35 $4,160.39 $75,248.38
19 $4,394.75 $4,416.99 $70,831.39
20 $4,122.32 $4,689.42 $66,141.97
21 $3,833.08 $4,978.65 $61,163.32
22 $3,526.01 $5,285.73 $55,877.59
23 $3,200.00 $5,611.74 $50,265.86
24 $2,853.88 $5,957.86 $44,308.00
25 $2,486.41 $6,325.32 $37,982.67
26 $2,096.28 $6,715.46 $31,267.22
27 $1,682.09 $7,129.65 $24,137.57
28 $1,242.34 $7,569.39 $16,568.17
29 $775.48 $8,036.26 $8,531.92
30 $279.82 $8,531.92 $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 Chestnut, IL


1500 sqft3900 sqft
Ø selling price$125,236$266,409
Ø fast selling$113,851$239,769
Ø high price sale$136,620$293,050

In 2026, houses in Chestnut, IL will be offered at an average price of $69 per square foot. A 1,500 sqft home priced at $125,236 is 24.56% more expensive per square foot than a 3,900 sqft home priced at $266,409. Home prices in Chestnut, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $184,438. Sellers who can wait longer may achieve a higher price of up to $225,424.


Discover Chestnut, IL

Overview

Chestnut, IL, located in Logan County, is a small rural community in the heart of central Illinois. Known for its quiet streets and expansive corn and soybean fields, Chestnut offers a peaceful, small-town atmosphere.

Location & Access

The community sits in central Illinois with convenient connections to regional destinations like Lincoln and Springfield.
Residents enjoy straightforward access to major routes for commuting, shopping, and healthcare in nearby cities.

Lifestyle & Amenities

Local life in Chestnut centers on friendly neighbors, seasonal farm activity, and classic Midwestern hospitality.
Essential services, dining, and schools are found in surrounding towns, making Chestnut ideal for those who prefer a quiet home base.

Real Estate & Economy

Real estate in Chestnut, Illinois typically features affordable single-family homes, spacious lots, and room for outbuildings, making local homes for sale appealing to value-focused buyers.
Agriculture anchors the local economy, and many residents commute to jobs in logistics, manufacturing, education, and healthcare in the region.

Things to Do & Local Info

Outdoor enthusiasts can explore parks, fishing lakes, and nature preserves within a short drive, and popular things to do in Chestnut, IL include scenic drives, farm stands, and nearby county events.
For mailing and location searches, the community uses the 62518 ZIP code, helpful for finding utilities, real estate listings, and local services.



FAQ – Home Values in Chestnut

What is the median home value in Chestnut in 2026?

In 2026, the typical home value in Chestnut is about $122,477 for an average home size of 1793 square feet. This corresponds to an average price of roughly $69 per square foot.

What is the average cost per square foot in Chestnut?

In 2026, homes in Chestnut sell for an average of around $69 per square foot, with a typical range between $58 and $58 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 Chestnut is about 1793 square feet, with an estimated 2026 value around $122,477.



Locations close to Chestnut, IL

Cornland, IL28 $ / ft²
Dawson, IL64 $ / ft²
Decatur, IL65 $ / ft²
Bulpitt, IL54 $ / ft²
Buffalo, IL23 $ / ft²
Boody, IL55 $ / ft²
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