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Donovan, IL Home Values and Rents
The median home value in Donovan is $87,100. Median rent is $1,021 a month.
- Median home value
- $87,100
- ACS 2020-2024
- Median rent
- $1,021/mo
- ACS 2020-2024
- Price change, 1 year
- +7.4%
- County index, 2025
- Homeownership
- 83.5%
- IL: 67.1%
Iroquois County home price trend
FHFA annual House Price Index for Iroquois County, 2000 = 100, compared with Illinois
Show as a table
| Period | Iroquois County |
|---|---|
| 2025 | 189 |
| 2024 | 176 |
| 2023 | 158 |
| 2022 | 154 |
| 2021 | 136 |
| 2020 | 127 |
| 2019 | 121 |
| 2018 | 120 |
| 2017 | 113 |
| 2016 | 116 |
| 2015 | 113 |
| 2014 | 113 |
| 2013 | 113 |
| 2012 | 113 |
| 2011 | 118 |
Beta
Over five years, Iroquois County prices changed +48.9%, 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 Iroquois County, IL
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $706 | +1.7% |
| 1 bedroom | $711 | +1.9% |
| 2 bedrooms | $930 | +1.5% |
| 3 bedrooms | $1,154 | +1.6% |
| 4 bedrooms | $1,554 | +4.2% |
Frequently asked questions
- What is the median home value in Donovan, IL?
- The median home value in Donovan is $87,100, based on the American Community Survey 2020-2024 5-year estimates. The Illinois median is $263,300.
- How much is rent in Donovan?
- The median rent in Donovan is $1,021 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $930.
- Are home prices going up in Donovan?
- Home prices in Iroquois County changed +7.4% over one year and +48.9% over five years, as of 2025.