House Prices

House Prices & Home Values Shipman, IL 2026


Average Data

average house price$133,559
average size per house1626 ft²
average price per ft²83 $ / ft²

04/16/2026 - The value range (VR) for house prices in Shipman, IL is $80/ sqft to $80/ sqft. An average home with 1626 sqft costs approximately $130,080 to $130,080. Shipman, IL includes 1 ZIP codes and it is located in Macoupin county. The lowest prices are found in ZIP 62685, while the highest are in ZIP 62685. The average price per sqare feet is $83. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Shipman

6268585 $ / ft²




Historical development of home values in Shipman

Year Estimated value (USD) Change vs. 2025
2010 $62,027 -53.6%
2011 $59,629 -55.4%
2012 $59,468 -55.5%
2013 $61,691 -53.8%
2014 $64,758 -51.5%
2015 $68,082 -49.0%
2016 $71,635 -46.4%
2017 $75,501 -43.5%
2018 $79,676 -40.3%
2019 $83,370 -37.6%
2020 $87,680 -34.4%
2021 $99,726 -25.3%
2022 $116,259 -13.0%
2023 $122,600 -8.2%
2024 $129,693 -2.9%
2025 $133,559 0.0%

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



Example: 100% financing house in Shipman

Loan amount: $133,559

Interest rate: 6.00%

Fixed monthly payment: $800.75

Breakdown in the 1st month:
Interest portion: $667.80  –  Principal portion: $132.96

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $7,968.92 $1,640.12 $131,918.88
2 $7,867.77 $1,741.28 $130,177.60
3 $7,760.37 $1,848.68 $128,328.92
4 $7,646.34 $1,962.70 $126,366.22
5 $7,525.29 $2,083.75 $124,282.47
6 $7,396.77 $2,212.28 $122,070.19
7 $7,260.32 $2,348.72 $119,721.47
8 $7,115.46 $2,493.59 $117,227.88
9 $6,961.66 $2,647.39 $114,580.49
10 $6,798.37 $2,810.67 $111,769.82
11 $6,625.01 $2,984.03 $108,785.79
12 $6,440.97 $3,168.08 $105,617.71
13 $6,245.57 $3,363.48 $102,254.23
14 $6,038.11 $3,570.93 $98,683.30
15 $5,817.87 $3,791.18 $94,892.13
16 $5,584.04 $4,025.01 $90,867.12
17 $5,335.78 $4,273.26 $86,593.86
18 $5,072.22 $4,536.83 $82,057.03
19 $4,792.40 $4,816.65 $77,240.38
20 $4,495.31 $5,113.73 $72,126.65
21 $4,179.91 $5,429.13 $66,697.52
22 $3,845.05 $5,763.99 $60,933.53
23 $3,489.54 $6,119.50 $54,814.03
24 $3,112.11 $6,496.94 $48,317.09
25 $2,711.39 $6,897.65 $41,419.43
26 $2,285.96 $7,323.09 $34,096.35
27 $1,834.29 $7,774.76 $26,321.59
28 $1,354.76 $8,254.29 $18,067.30
29 $845.65 $8,763.40 $9,303.90
30 $305.14 $9,303.90 $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 Shipman, IL


1500 sqft3900 sqft
Ø selling price$150,645$320,463
Ø fast selling$136,950$288,417
Ø high price sale$164,340$352,510

In 2026, houses in Shipman, IL will be offered at an average price of $83 per square foot. A 1,500 sqft home priced at $150,645 is 24.36% more expensive per square foot than a 3,900 sqft home priced at $320,463. Home prices in Shipman, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $221,860. Sellers who can wait longer may achieve a higher price of up to $271,162.

FAQ – Home Values in Shipman

What is the median home value in Shipman in 2026?

In 2026, the typical home value in Shipman is about $133,559 for an average home size of 1626 square feet. This corresponds to an average price of roughly $83 per square foot.

What is the average cost per square foot in Shipman?

In 2026, homes in Shipman sell for an average of around $83 per square foot, with a typical range between $80 and $80 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 Shipman is about 1626 square feet, with an estimated 2026 value around $133,559.



Locations close to Shipman, IL

Tallula, IL77 $ / ft²
Thayer, IL128 $ / ft²
Virden, IL49 $ / ft²
Sherman, IL96 $ / ft²
San Jose, IL84 $ / ft²
Rushville, IL111 $ / ft²
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