House Prices

House Prices & Home Values Roanoke, IL 2026


Average Data

average house price$123,700
average size per house1877 ft²
average price per ft²66 $ / ft²

04/18/2026 - The value range (VR) for house prices in Roanoke, IL is $67/ sqft to $67/ sqft. An average home with 1877 sqft costs approximately $125,759 to $125,759. Roanoke, IL includes 1 ZIP codes and it is located in Woodford county. The lowest prices are found in ZIP 61561, while the highest are in ZIP 61561. The average price per sqare feet is $66. Our analysis is based on 14 property listings.

Avergage prices by ZIP codes Roanoke

6156164 $ / ft²




Historical development of home values in Roanoke

Year Estimated value (USD) Change vs. 2025
2010 $57,449 -53.6%
2011 $55,227 -55.4%
2012 $55,078 -55.5%
2013 $57,137 -53.8%
2014 $59,978 -51.5%
2015 $63,056 -49.0%
2016 $66,347 -46.4%
2017 $69,928 -43.5%
2018 $73,794 -40.3%
2019 $77,216 -37.6%
2020 $81,207 -34.4%
2021 $92,365 -25.3%
2022 $107,677 -13.0%
2023 $113,550 -8.2%
2024 $120,119 -2.9%
2025 $123,700 0.0%

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



Example: 100% financing house in Roanoke

Loan amount: $123,700

Interest rate: 6.00%

Fixed monthly payment: $741.64

Breakdown in the 1st month:
Interest portion: $618.50  –  Principal portion: $123.14

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $7,380.68 $1,519.05 $122,180.95
2 $7,286.99 $1,612.74 $120,568.21
3 $7,187.52 $1,712.21 $118,855.99
4 $7,081.91 $1,817.82 $117,038.18
5 $6,969.79 $1,929.94 $115,108.24
6 $6,850.76 $2,048.97 $113,059.27
7 $6,724.38 $2,175.35 $110,883.92
8 $6,590.21 $2,309.52 $108,574.40
9 $6,447.76 $2,451.96 $106,122.44
10 $6,296.53 $2,603.20 $103,519.24
11 $6,135.97 $2,763.76 $100,755.49
12 $5,965.51 $2,934.22 $97,821.27
13 $5,784.53 $3,115.19 $94,706.07
14 $5,592.40 $3,307.33 $91,398.74
15 $5,388.41 $3,511.32 $87,887.42
16 $5,171.84 $3,727.89 $84,159.53
17 $4,941.91 $3,957.82 $80,201.71
18 $4,697.80 $4,201.93 $75,999.78
19 $4,438.63 $4,461.10 $71,538.68
20 $4,163.48 $4,736.25 $66,802.44
21 $3,871.36 $5,028.37 $61,774.07
22 $3,561.22 $5,338.51 $56,435.56
23 $3,231.95 $5,667.77 $50,767.79
24 $2,882.38 $6,017.35 $44,750.44
25 $2,511.24 $6,388.49 $38,361.95
26 $2,117.21 $6,782.51 $31,579.44
27 $1,698.88 $7,200.85 $24,378.59
28 $1,254.75 $7,644.98 $16,733.61
29 $783.22 $8,116.50 $8,617.11
30 $282.62 $8,617.11 $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 Roanoke, IL


1500 sqft3900 sqft
Ø selling price$119,791$254,827
Ø fast selling$108,901$229,344
Ø high price sale$130,681$280,309

In 2026, houses in Roanoke, IL will be offered at an average price of $66 per square foot. A 1,500 sqft home priced at $119,791 is 21.85% more expensive per square foot than a 3,900 sqft home priced at $254,827. Home prices in Roanoke, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $176,418. Sellers who can wait longer may achieve a higher price of up to $215,623.


Explore Roanoke, IL

Overview & Location

Roanoke, IL is a welcoming village in Woodford County, positioned in central Illinois near the Peoria area. Known for its small-town charm and friendly neighborhoods, Roanoke offers a peaceful pace with convenient access to regional amenities. The compact downtown features local shops, eateries, and services that give visitors and residents a true community feel.

Lifestyle & Attractions

Outdoor recreation is easy to find, with parks, ball fields, and nearby lakes providing space for family activities and quiet escapes. Seasonal events and festivals bring the village together, highlighting local traditions, food, and live entertainment.
For day trips, residents enjoy short drives to museums, theaters, and major sporting events in the greater Peoria area.

Economy & Housing

Agriculture and small businesses anchor the local economy, while commuters benefit from regional employers and accessible highways.
The housing market includes well-kept single-family homes on tree-lined streets, offering value for first-time buyers and downsizers alike.

Community & Events

Families appreciate community-centered schools and civic organizations that encourage volunteering and youth programs. Whether you are exploring real estate, planning a visit, or searching for a quieter lifestyle, Roanoke, Illinois delivers Midwestern hospitality with modern convenience.



FAQ – Home Values in Roanoke

What is the median home value in Roanoke in 2026?

In 2026, the typical home value in Roanoke is about $123,700 for an average home size of 1877 square feet. This corresponds to an average price of roughly $66 per square foot.

What is the average cost per square foot in Roanoke?

In 2026, homes in Roanoke sell for an average of around $66 per square foot, with a typical range between $67 and $67 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 Roanoke is about 1877 square feet, with an estimated 2026 value around $123,700.



Locations close to Roanoke, IL

Rome, IL65 $ / ft²
Saint David, IL39 $ / ft²
South Pekin, IL102 $ / ft²
Putnam, IL63 $ / ft²
Princeville, IL204 $ / ft²
Pekin, IL54 $ / ft²
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