The typical owner-occupied home in Keensburg is worth about $67,500, 74% below the Illinois median of $263,300 and 80% below the national median of $332,700. The median household earns $73,409 a year, so the median home costs 0.9 times the median income (3.2 times for Illinois). 96% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.
Keensburg at a glance
| Keensburg | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $67,500 | $263,300 | $332,700 |
| Median property tax paid per year | – | $5,298 | $3,119 |
| Median household income | $73,409 | $83,390 | $80,734 |
| Homes lived in by their owners | 96% | 67% | 65% |
| Owner homes with a mortgage | 49% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,188 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 17.1% | 20.6% | 21.0% |
| Median rent | – | $1,274 | $1,413 |
| Median year homes were built | 1955 | 1971 | 1980 |
| Vacant homes | 12.2% | 7.7% | 10.1% |
| Population | 149 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Keensburg
At this week's average 30-year rate of 7.11%, buying the median Keensburg home of $67,500 with 20% down costs about $453 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $566, 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 $19,425 for the 20%-down payment. That payment is 7% of the median Keensburg household income of $73,409; at that income and 20% down, the 28% guideline points to a home of about $255,000.
| Down payment | $13,500 |
|---|---|
| Loan amount | $54,000 |
| Principal and interest | $363 |
| Property taxes (1.10% a year) | $62 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| PMI | $0 |
| Total per month | $453 |
Change the numbers in the calculator
| Down payment | $2,362 |
|---|---|
| Loan amount | $66,277 |
| Principal and interest | $446 |
| Property taxes (1.10% a year) | $62 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| FHA mortgage insurance | $30 |
| Total per month | $566 |
Change the numbers in the calculator
Questions about home buying in Keensburg
What is the median home value in Keensburg?
About $67,500 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 Keensburg?
For the median home with 20% down at 7.11%, the payment is about $453 a month. Keeping that under 28% of gross income takes about $19,425 a year.
More about Keensburg
- Mortgage Refinance in Keensburg
- Debt Relief in Keensburg
- Home Equity Loans in Keensburg
- 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