House Prices

House Prices & Home Values Mode, IL 2026


Average Data

average house price$248,334
average size per house1952 ft²
average price per ft²128 $ / ft²

04/22/2026 - The value range (VR) for house prices in Mode, IL is $139/ sqft to $139/ sqft. An average home with 1952 sqft costs approximately $271,328 to $271,328. Mode, IL includes 1 ZIP codes and it is located in Shelby county. The lowest prices are found in ZIP 62444, while the highest are in ZIP 62444. The average price per sqare feet is $128. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Mode

62444140 $ / ft²




Historical development of home values in Mode

Year Estimated value (USD) Change vs. 2025
2010 $115,331 -53.6%
2011 $110,871 -55.4%
2012 $110,572 -55.5%
2013 $114,705 -53.8%
2014 $120,409 -51.5%
2015 $126,589 -49.0%
2016 $133,195 -46.4%
2017 $140,384 -43.5%
2018 $148,145 -40.3%
2019 $155,015 -37.6%
2020 $163,028 -34.4%
2021 $185,427 -25.3%
2022 $216,166 -13.0%
2023 $227,957 -8.2%
2024 $241,145 -2.9%
2025 $248,334 0.0%

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



Example: 100% financing house in Mode

Loan amount: $248,334

Interest rate: 6.00%

Fixed monthly payment: $1,488.89

Breakdown in the 1st month:
Interest portion: $1,241.67  –  Principal portion: $247.22

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,817.08 $3,049.57 $245,284.43
2 $14,628.99 $3,237.66 $242,046.77
3 $14,429.30 $3,437.35 $238,609.41
4 $14,217.29 $3,649.36 $234,960.05
5 $13,992.21 $3,874.45 $231,085.61
6 $13,753.24 $4,113.41 $226,972.19
7 $13,499.53 $4,367.12 $222,605.07
8 $13,230.18 $4,636.47 $217,968.60
9 $12,944.21 $4,922.44 $213,046.16
10 $12,640.61 $5,226.05 $207,820.11
11 $12,318.27 $5,548.38 $202,271.73
12 $11,976.06 $5,890.59 $196,381.14
13 $11,612.74 $6,253.91 $190,127.23
14 $11,227.02 $6,639.64 $183,487.59
15 $10,817.50 $7,049.16 $176,438.44
16 $10,382.72 $7,483.93 $168,954.51
17 $9,921.13 $7,945.52 $161,008.98
18 $9,431.07 $8,435.59 $152,573.40
19 $8,910.78 $8,955.88 $143,617.52
20 $8,358.40 $9,508.25 $134,109.27
21 $7,771.95 $10,094.70 $124,014.56
22 $7,149.33 $10,717.32 $113,297.24
23 $6,488.31 $11,378.34 $101,918.90
24 $5,786.52 $12,080.13 $89,838.77
25 $5,041.44 $12,825.21 $77,013.56
26 $4,250.41 $13,616.24 $63,397.32
27 $3,410.59 $14,456.06 $48,941.26
28 $2,518.97 $15,347.68 $33,593.58
29 $1,572.36 $16,294.29 $17,299.29
30 $567.37 $17,299.29 $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 Mode, IL


1500 sqft3900 sqft
Ø selling price$232,321$494,209
Ø fast selling$211,201$444,788
Ø high price sale$253,441$543,629

In 2026, houses in Mode, IL will be offered at an average price of $128 per square foot. A 1,500 sqft home priced at $232,321 is 23.09% more expensive per square foot than a 3,900 sqft home priced at $494,209. Home prices in Mode, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $342,144. Sellers who can wait longer may achieve a higher price of up to $418,177.


Discover Mode, IL

Overview

Mode, Illinois is a small unincorporated community nestled in the farm country of Shelby County. Known for its quiet roads and open sky, Mode, IL offers a snapshot of classic Midwestern small-town living.


Location & Access

Set in central Illinois, Mode sits within easy driving distance of Shelbyville, Effingham, and Mattoon for shopping and services. Travelers reach the area via major regional highways, making Mode a convenient rural base for exploring Shelby County.


Outdoor Recreation

Residents and visitors enjoy quick access to Lake Shelbyville for boating, fishing, hiking, and wildlife viewing. Scenic country roads, seasonal wildflowers, and nearby parks make Mode a relaxed gateway to outdoor adventures.


Community & Lifestyle

Agriculture anchors the local landscape, and supportive neighbors create a friendly, low-traffic atmosphere. From county fairs to harvest season traditions, Mode, Illinois reflects the rhythms of rural life.


Living & Real Estate

Affordable land and homes appeal to buyers seeking space, quiet, and a slower pace without losing access to regional amenities. Whether you are planning a weekend visit or considering real estate in Mode, IL, you will find a welcoming community with authentic Midwestern character.



FAQ – Home Values in Mode

What is the median home value in Mode in 2026?

In 2026, the typical home value in Mode is about $248,334 for an average home size of 1952 square feet. This corresponds to an average price of roughly $128 per square foot.

What is the average cost per square foot in Mode?

In 2026, homes in Mode sell for an average of around $128 per square foot, with a typical range between $139 and $139 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 Mode is about 1952 square feet, with an estimated 2026 value around $248,334.



Locations close to Mode, IL

Montrose, IL132 $ / ft²
Mount Erie, IL85 $ / ft²
Neoga, IL94 $ / ft²
Mason, IL113 $ / ft²
Martinsville, IL78 $ / ft²
Marshall, IL70 $ / ft²
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