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Basco, IL Home Values and Rents

The median home value in Basco is $42,500.

Median home value
$42,500
ACS 2020-2024
Price change, 1 year
+5.8%
County index, 2025
Homeownership
78.1%
IL: 67.1%

Hancock County home price trend

FHFA annual House Price Index for Hancock County, 2000 = 100, compared with Illinois

Hancock CountyIllinois
Show as a table
PeriodHancock County
2025181
2024171
2023162
2022150
2021139
2020130
2019129
2018129
2017124
2016122
2015124
2014125
2013122
2012118
2011120
Beta

Over five years, Hancock County prices changed +39.1%, compared with +44.0% for Illinois.

Source: Federal Housing Finance Agency · Last updated 08/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Hancock County, IL

IL rents
Unit sizeMonthly rentvs FY2026
Studio$648+2.5%
1 bedroom$772-2.4%
2 bedrooms$930+1.5%
3 bedrooms$1,116+0.5%
4 bedrooms$1,222+0.7%

Frequently asked questions

What is the median home value in Basco, IL?
The median home value in Basco is $42,500, based on the American Community Survey 2020-2024 5-year estimates. The Illinois median is $263,300.
Are home prices going up in Basco?
Home prices in Hancock County changed +5.8% over one year and +39.1% over five years, as of 2025.