The typical owner-occupied home in Stillman Valley is worth about $175,800, 33% below the Illinois median of $263,300 and 47% below the national median of $332,700. Owners pay a median $4,158 a year in property taxes, about 2.37% of their home's value, higher than the Illinois rate of 2.01%. The median household earns $87,833 a year, so the median home costs 2.0 times the median income (3.2 times for Illinois). 85% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.
Stillman Valley at a glance
| Stillman Valley | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $175,800 | $263,300 | $332,700 |
| Median property tax paid per year | $4,158 | $5,298 | $3,119 |
| Property tax as a share of value | 2.37% | 2.01% | 0.94% |
| Median household income | $87,833 | $83,390 | $80,734 |
| Homes lived in by their owners | 85% | 67% | 65% |
| Owner homes with a mortgage | 64% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,413 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 16.3% | 20.6% | 21.0% |
| Median rent | $1,307 | $1,274 | $1,413 |
| Rent as a share of renters' income | 21.9% | 29.1% | 30.6% |
| Median year homes were built | 1970 | 1971 | 1980 |
| Vacant homes | 4.8% | 7.7% | 10.1% |
| Population | 1,260 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Stillman Valley
At this week's average 30-year rate of 7.11%, buying the median Stillman Valley home of $175,800 with 20% down costs about $1,367 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,659, 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 $58,566 for the 20%-down payment. That payment is 19% of the median Stillman Valley household income of $87,833; at that income and 20% down, the 28% guideline points to a home of about $264,000.
The median rent here is $1,307 a month, so owning the median home costs about $60 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $35,160 |
|---|---|
| Loan amount | $140,640 |
| Principal and interest | $946 |
| Property taxes (2.37% a year) | $347 |
| Homeowners insurance (our estimate, 0.5% a year) | $73 |
| PMI | $0 |
| Total per month | $1,367 |
Change the numbers in the calculator
| Down payment | $6,153 |
|---|---|
| Loan amount | $172,616 |
| Principal and interest | $1,161 |
| Property taxes (2.37% a year) | $347 |
| Homeowners insurance (our estimate, 0.5% a year) | $73 |
| FHA mortgage insurance | $78 |
| Total per month | $1,659 |
Change the numbers in the calculator
Questions about home buying in Stillman Valley
What is the median home value in Stillman Valley?
About $175,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Stillman Valley?
Homeowners pay a median $4,158 a year, which is about 2.37% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Stillman Valley?
For the median home with 20% down at 7.11%, the payment is about $1,367 a month. Keeping that under 28% of gross income takes about $58,566 a year.
More about Stillman Valley
- Mortgage Refinance in Stillman Valley
- Debt Relief in Stillman Valley
- Home Equity Loans in Stillman Valley
- 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