House Prices

House Prices & Home Values Loami, IL 2026


Average Data

average house price$317,700
average size per house2543 ft²
average price per ft²125 $ / ft²

04/18/2026 - The value range (VR) for house prices in Loami, IL is $113/ sqft to $113/ sqft. An average home with 2543 sqft costs approximately $287,359 to $287,359. Loami, IL includes 1 ZIP codes and it is located in Sangamon county. The lowest prices are found in ZIP 62661, while the highest are in ZIP 62661. The average price per sqare feet is $125. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Loami

62661115 $ / ft²




Historical development of home values in Loami

Year Estimated value (USD) Change vs. 2025
2010 $147,546 -53.6%
2011 $141,840 -55.4%
2012 $141,458 -55.5%
2013 $146,745 -53.8%
2014 $154,042 -51.5%
2015 $161,948 -49.0%
2016 $170,400 -46.4%
2017 $179,597 -43.5%
2018 $189,526 -40.3%
2019 $198,314 -37.6%
2020 $208,566 -34.4%
2021 $237,221 -25.3%
2022 $276,547 -13.0%
2023 $291,632 -8.2%
2024 $308,503 -2.9%
2025 $317,700 0.0%

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



Example: 100% financing house in Loami

Loan amount: $317,700

Interest rate: 6.00%

Fixed monthly payment: $1,904.77

Breakdown in the 1st month:
Interest portion: $1,588.50  –  Principal portion: $316.27

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $18,955.87 $3,901.39 $313,798.61
2 $18,715.24 $4,142.02 $309,656.58
3 $18,459.77 $4,397.49 $305,259.09
4 $18,188.54 $4,668.72 $300,590.37
5 $17,900.59 $4,956.68 $295,633.69
6 $17,594.87 $5,262.39 $290,371.30
7 $17,270.30 $5,586.97 $284,784.33
8 $16,925.70 $5,931.56 $278,852.77
9 $16,559.86 $6,297.41 $272,555.36
10 $16,171.45 $6,685.82 $265,869.55
11 $15,759.08 $7,098.18 $258,771.37
12 $15,321.28 $7,535.98 $251,235.38
13 $14,856.48 $8,000.79 $243,234.60
14 $14,363.01 $8,494.26 $234,740.34
15 $13,839.10 $9,018.16 $225,722.18
16 $13,282.88 $9,574.38 $216,147.79
17 $12,692.35 $10,164.91 $205,982.88
18 $12,065.40 $10,791.86 $195,191.02
19 $11,399.79 $11,457.48 $183,733.54
20 $10,693.11 $12,164.15 $171,569.39
21 $9,942.85 $12,914.41 $158,654.98
22 $9,146.32 $13,710.94 $144,944.04
23 $8,300.66 $14,556.60 $130,387.44
24 $7,402.84 $15,454.42 $114,933.02
25 $6,449.65 $16,407.62 $98,525.40
26 $5,437.66 $17,419.60 $81,105.80
27 $4,363.26 $18,494.01 $62,611.79
28 $3,222.59 $19,634.68 $42,977.12
29 $2,011.56 $20,845.70 $22,131.42
30 $725.85 $22,131.42 $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 Loami, IL


1500 sqft3900 sqft
Ø selling price$226,876$482,626
Ø fast selling$206,251$434,363
Ø high price sale$247,501$530,888

In 2026, houses in Loami, IL will be offered at an average price of $125 per square foot. A 1,500 sqft home priced at $226,876 is 23.21% more expensive per square foot than a 3,900 sqft home priced at $482,626. Home prices in Loami, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $334,125. Sellers who can wait longer may achieve a higher price of up to $408,376.


Loami, IL: Small-Town Living Near Springfield

Community and Location

Loami, Illinois is a friendly village in Sangamon County just southwest of Springfield. This quiet community offers small-town charm with easy access to the amenities of the state capital via nearby regional highways.
Visitors and residents appreciate the Loami, IL blend of rural scenery, safe streets, and welcoming neighbors. Loami retains historic roots while supporting modern conveniences and reliable services.
Local agriculture and small businesses anchor the economy, creating steady opportunities close to home.

Lifestyle and Amenities

Families value the area?s reputable schools in the Sangamon County region and the many youth programs and parks. Outdoor enthusiasts enjoy open spaces, quiet roads for cycling, seasonal festivals, and quick trips to Lake Springfield and regional nature areas.
Housing and real estate in Loami range from classic farmsteads to newer homes, with a cost of living generally lower than larger Illinois cities. Dining, shopping, healthcare, and employment hubs in Springfield are a short drive, making Loami a convenient base for commuters.
Whether you are relocating, planning a visit, or researching central Illinois communities, Loami, IL delivers a peaceful lifestyle with strong community pride.



FAQ – Home Values in Loami

What is the median home value in Loami in 2026?

In 2026, the typical home value in Loami is about $317,700 for an average home size of 2543 square feet. This corresponds to an average price of roughly $125 per square foot.

What is the average cost per square foot in Loami?

In 2026, homes in Loami sell for an average of around $125 per square foot, with a typical range between $113 and $113 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 Loami is about 2543 square feet, with an estimated 2026 value around $317,700.



Locations close to Loami, IL

Manchester, IL121 $ / ft²
Mason City, IL47 $ / ft²
Meredosia, IL47 $ / ft²
Lincoln, IL45 $ / ft²
Kilbourne, IL59 $ / ft²
Jacksonville, IL86 $ / ft²




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