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Cornell, IL Home Values and Rents
The typical home value in Cornell is $173,857. Median rent is $883 a month.
- Typical home value
- $173,857
- Zillow
- Median rent
- $883/mo
- ACS 2020-2024
- Price change, 1 year
- +11.1%
- Sep 2026
- Homeownership
- 69.6%
- IL: 67.1%
Typical home value in Cornell
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Cornell |
|---|---|
| Sep 2026 | $173,857 |
| Dec 2025 | $164,207 |
| Dec 2024 | $143,507 |
| Dec 2023 | $134,792 |
| Dec 2022 | $127,627 |
| Dec 2021 | $118,717 |
| Dec 2020 | $109,967 |
| Dec 2019 | $106,014 |
| Dec 2018 | $93,276 |
| Dec 2017 | $86,658 |
| Dec 2016 | $91,161 |
| Dec 2015 | $88,434 |
| Dec 2014 | $84,946 |
| Dec 2013 | $89,391 |
| Dec 2012 | $90,356 |
Over five years, Cornell prices changed +49.5%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Livingston County, IL
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $694 | -1.1% |
| 1 bedroom | $761 | -1.9% |
| 2 bedrooms | $996 | -2.2% |
| 3 bedrooms | $1,233 | -2.7% |
| 4 bedrooms | $1,328 | -1.5% |
Frequently asked questions
- What is the typical home value in Cornell, IL?
- The typical home value in Cornell is $173,857 (Zillow Home Value Index, Sep 2026). The Illinois median is $263,300.
- How much is rent in Cornell?
- The median rent in Cornell is $883 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $996.
- Are home prices going up in Cornell?
- The typical home value in Cornell changed +11.1% over one year and +49.5% over five years, as of Sep 2026.