House Prices

House Prices & Home Values Herrick, IL 2026


Average Data

average house price$184,734
average size per house1269 ft²
average price per ft²146 $ / ft²

04/23/2026 - The value range (VR) for house prices in Herrick, IL is $163/ sqft to $163/ sqft. An average home with 1269 sqft costs approximately $206,847 to $206,847. Herrick, IL includes 1 ZIP codes and it is located in Shelby county. The lowest prices are found in ZIP 62431, while the highest are in ZIP 62431. The average price per sqare feet is $146. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Herrick

62431150 $ / ft²




Historical development of home values in Herrick

Year Estimated value (USD) Change vs. 2025
2010 $85,794 -53.6%
2011 $82,476 -55.4%
2012 $82,254 -55.5%
2013 $85,329 -53.8%
2014 $89,571 -51.5%
2015 $94,169 -49.0%
2016 $99,083 -46.4%
2017 $104,431 -43.5%
2018 $110,204 -40.3%
2019 $115,314 -37.6%
2020 $121,276 -34.4%
2021 $137,938 -25.3%
2022 $160,805 -13.0%
2023 $169,576 -8.2%
2024 $179,386 -2.9%
2025 $184,734 0.0%

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



Example: 100% financing house in Herrick

Loan amount: $184,734

Interest rate: 6.00%

Fixed monthly payment: $1,107.57

Breakdown in the 1st month:
Interest portion: $923.67  –  Principal portion: $183.90

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,022.33 $2,268.56 $182,465.44
2 $10,882.41 $2,408.47 $180,056.97
3 $10,733.86 $2,557.02 $177,499.95
4 $10,576.15 $2,714.74 $174,785.21
5 $10,408.71 $2,882.17 $171,903.04
6 $10,230.94 $3,059.94 $168,843.09
7 $10,042.21 $3,248.67 $165,594.42
8 $9,841.84 $3,449.04 $162,145.38
9 $9,629.11 $3,661.77 $158,483.61
10 $9,403.26 $3,887.62 $154,595.99
11 $9,163.48 $4,127.40 $150,468.59
12 $8,908.91 $4,381.97 $146,086.61
13 $8,638.64 $4,652.24 $141,434.37
14 $8,351.70 $4,939.18 $136,495.19
15 $8,047.06 $5,243.82 $131,251.37
16 $7,723.64 $5,567.25 $125,684.13
17 $7,380.26 $5,910.62 $119,773.50
18 $7,015.71 $6,275.18 $113,498.33
19 $6,628.67 $6,662.22 $106,836.11
20 $6,217.76 $7,073.13 $99,762.99
21 $5,781.50 $7,509.38 $92,253.60
22 $5,318.34 $7,972.54 $84,281.06
23 $4,826.61 $8,464.27 $75,816.79
24 $4,304.55 $8,986.33 $66,830.46
25 $3,750.30 $9,540.59 $57,289.87
26 $3,161.85 $10,129.03 $47,160.84
27 $2,537.12 $10,753.77 $36,407.07
28 $1,873.85 $11,417.04 $24,990.04
29 $1,169.67 $12,121.21 $12,868.82
30 $422.06 $12,868.82 $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 Herrick, IL


1500 sqft3900 sqft
Ø selling price$264,991$563,706
Ø fast selling$240,901$507,336
Ø high price sale$289,080$620,077

In 2026, houses in Herrick, IL will be offered at an average price of $146 per square foot. A 1,500 sqft home priced at $264,991 is 21.09% more expensive per square foot than a 3,900 sqft home priced at $563,706. Home prices in Herrick, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $390,259. Sellers who can wait longer may achieve a higher price of up to $476,983.

FAQ – Home Values in Herrick

What is the median home value in Herrick in 2026?

In 2026, the typical home value in Herrick is about $184,734 for an average home size of 1269 square feet. This corresponds to an average price of roughly $146 per square foot.

What is the average cost per square foot in Herrick?

In 2026, homes in Herrick sell for an average of around $146 per square foot, with a typical range between $163 and $163 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 Herrick is about 1269 square feet, with an estimated 2026 value around $184,734.



Locations close to Herrick, IL

Hidalgo, IL185 $ / ft²
Hutsonville, IL100 $ / ft²
Ingraham, IL549 $ / ft²
Greenup, IL64 $ / ft²
Flat Rock, IL72 $ / ft²
Edgewood, IL62 $ / ft²
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