The typical owner-occupied home in Ophiem is worth about $96,800, 63% below the Illinois median of $263,300 and 71% below the national median of $332,700. The median household earns $42,969 a year, so the median home costs 2.3 times the median income (3.2 times for Illinois). 100% of occupied homes here are lived in by their owners, and 80% of those owners still have a mortgage.
Ophiem at a glance
| Ophiem | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $96,800 | $263,300 | $332,700 |
| Median property tax paid per year | – | $5,298 | $3,119 |
| Median household income | $42,969 | $83,390 | $80,734 |
| Homes lived in by their owners | 100% | 67% | 65% |
| Owner homes with a mortgage | 80% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,113 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 51.0% | 20.6% | 21.0% |
| Median rent | – | $1,274 | $1,413 |
| Median year homes were built | 1938 | 1971 | 1980 |
| Vacant homes | 29.3% | 7.7% | 10.1% |
| Population | 92 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Ophiem
At this week's average 30-year rate of 7.11%, buying the median Ophiem home of $96,800 with 20% down costs about $650 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $811, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $27,858 for the 20%-down payment. That payment is 18% of the median Ophiem household income of $42,969; at that income and 20% down, the 28% guideline points to a home of about $149,000.
| Down payment | $19,360 |
|---|---|
| Loan amount | $77,440 |
| Principal and interest | $521 |
| Property taxes (1.10% a year) | $89 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| PMI | $0 |
| Total per month | $650 |
Change the numbers in the calculator
| Down payment | $3,388 |
|---|---|
| Loan amount | $95,047 |
| Principal and interest | $639 |
| Property taxes (1.10% a year) | $89 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| FHA mortgage insurance | $43 |
| Total per month | $811 |
Change the numbers in the calculator
Questions about home buying in Ophiem
What is the median home value in Ophiem?
About $96,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Ophiem?
For the median home with 20% down at 7.11%, the payment is about $650 a month. Keeping that under 28% of gross income takes about $27,858 a year.
More about Ophiem
- Mortgage Refinance in Ophiem
- Debt Relief in Ophiem
- Home Equity Loans in Ophiem
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data