What is the median home value in Martin Township (McLean County), IL?

The median value of owner-occupied homes in Martin Township (McLean County), IL is $146,100 (±$10,115), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Martin Township (McLean County), the median home value went from $111,800 in 2015–2019 to $146,100 in 2020–2024 (+30.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$146,100 (±$10,115)
Owner-occupied homes
332 (±48)
Most common range
$100,000 to $149,999

Home values in Martin Township (McLean County)

Owner-occupied homes by value, 2020–2024
ValueMartin Township (McLean County)McLean CountyIllinoisUnited States
Less than $50,0005.4% (±4.4 points)5.4%5.4%5.3%
$50,000 to $99,99918.4% (±7.5 points)6.6%8.3%6.1%
$100,000 to $149,99928.6% (±8.2 points)15.0%9.7%6.8%
$150,000 to $199,99927.1% (±7.3 points)20.1%11.8%9.0%
$200,000 to $299,99916.6% (±5.0 points)27.8%22.3%17.8%
$300,000 to $499,9993.3% (±2.7 points)20.2%27.7%26.9%
$500,000 to $999,9990.6% (±1.2 points)4.6%12.1%20.9%
$1,000,000 or more0.0% (±10.7 points)0.4%2.7%7.1%

The most common range is $100,000 to $149,999, 28.6% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Martin Township (McLean County) against McLean County, its state and the nation

Estimate (90% margin of error)
Martin Township (McLean County)McLean CountyIllinoisUnited States
Median home value$146,100 (±$10,115)$208,400 (±$3,688)$263,300 (±$797)$332,700
Owner-occupied homes332 (±48)45,704 (±814)3,378,910 (±14,728)84,210,142

In Martin Township (McLean County), the median home value is lower than in McLean County ($208,400).

It is also lower than in Illinois ($263,300).

It is lower than the national figure ($332,700).

In McLean County, Martin Township (McLean County) ranks 34 of 51 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 1304 of 2,652.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Martin Township (McLean County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$111,800 (±$10,267)$146,100 (±$10,115)+30.7%No measurable change after inflation
Median owner cost with a mortgage$1,157 (±$51)$1,332 (±$67)+15.1%No measurable change after inflation
Median real estate taxes$2,376 (±$240)$3,172 (±$392)+33.5%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Martin Township (McLean County)

Nearest places with a published estimate, compared with Martin Township (McLean County)
PlaceDistanceMedian home valueCompared with this place
Martin Township (McLean County)—$146,100 (±$10,115)—
Colfax3.0 mi$136,300 (±$12,066)Not measurably different
Cooksville4.8 mi$115,300 (±$30,123)Not measurably different
Arrowsmith5.2 mi$103,500 (±$10,333)Lower
Anchor5.5 mi$98,100 (±$13,867)Lower
Anchor Township5.8 mi$103,300 (±$22,502)Lower
Arrowsmith Township6.3 mi$121,200 (±$13,934)Lower
Blue Mound Township (McLean County)6.3 mi$173,100 (±$57,008)Not measurably different
Ellsworth7.0 mi$121,000 (±$12,226)Lower

Nearby places with a measurably lower figure: Arrowsmith, IL ($103,500), Anchor, IL ($98,100), Anchor Township, IL ($103,300).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across McLean County, place by place

RankPlaceMedian home value
28Allin Township$167,000 (±$45,845)
29Danvers$166,200 (±$8,570)
30Gridley Township$160,500 (±$19,776)
31Towanda$158,800 (±$24,395)
32Carlock$154,600 (±$13,877)
33Mount Hope Township$147,400 (±$10,629)
34Martin Township (McLean County)$146,100 (±$10,115)
35Gridley$141,300 (±$10,622)
36McLean$140,400 (±$9,407)
37Colfax$136,300 (±$12,066)
38Chenoa Township$125,300 (±$14,207)
39Chenoa$124,700 (±$12,361)
40Bellflower Township$123,400 (±$26,976)

Showing 13 of 51 places in McLean County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Martin Township (McLean County)

What is the average home value in Martin Township (McLean County), IL?

The Census Bureau publishes the median: $146,100 (±$10,115) for owner-occupied homes in Martin Township (McLean County) (2020–2024 American Community Survey).

Have home values in Martin Township (McLean County) gone up?

In Martin Township (McLean County), the median home value went from $111,800 in 2015–2019 to $146,100 in 2020–2024 (+30.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Martin Township (McLean County) sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Martin township, McLean County, Illinois (county subdivision:47215, in state:17 county:113).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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