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Gorham, IL Home Values and Rents
The median home value in Gorham is $26,100. Median rent is $571 a month.
- Median home value
- $26,100
- ACS 2020-2024
- Median rent
- $571/mo
- ACS 2020-2024
- Price change, 1 year
- +8.8%
- County index, 2025
- Homeownership
- 85.3%
- IL: 67.1%
Jackson County home price trend
FHFA annual House Price Index for Jackson County, 2000 = 100, compared with Illinois
Show as a table
| Period | Jackson County |
|---|---|
| 2025 | 178 |
| 2024 | 163 |
| 2023 | 157 |
| 2022 | 148 |
| 2021 | 136 |
| 2020 | 126 |
| 2019 | 125 |
| 2018 | 128 |
| 2017 | 122 |
| 2016 | 126 |
| 2015 | 124 |
| 2014 | 125 |
| 2013 | 127 |
| 2012 | 129 |
| 2011 | 128 |
Over five years, Jackson County prices changed +41.4%, compared with +44.0% for Illinois.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Fair Market Rents, FY2027
HUD rent standard for Jackson County, IL
| Unit size | Monthly rent |
|---|---|
| Studio | $648 |
| 1 bedroom | $761 |
| 2 bedrooms | $930 |
| 3 bedrooms | $1,212 |
| 4 bedrooms | $1,254 |
Frequently asked questions
- What is the median home value in Gorham, IL?
- The median home value in Gorham is $26,100, based on the American Community Survey 2020-2024 5-year estimates. The Illinois median is $263,300.
- How much is rent in Gorham?
- The median rent in Gorham is $571 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 Gorham?
- Home prices in Jackson County changed +8.8% over one year and +41.4% over five years, as of 2025.