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Junction, IL Home Values and Rents
The median home value in Junction is $71,700.
- Median home value
- $71,700
- ACS 2020-2024
- Price change, 1 year
- +7.3%
- County index, 2025
- Homeownership
- 68.4%
- IL: 67.1%
Gallatin County home price trend
FHFA annual House Price Index for Gallatin County, 2001 = 100, compared with Illinois
Show as a table
| Period | Gallatin County |
|---|---|
| 2025 | 207 |
| 2024 | 193 |
| 2023 | 178 |
| 2022 | 179 |
| 2021 | 165 |
| 2020 | 150 |
| 2019 | 153 |
| 2018 | 169 |
| 2017 | 144 |
| 2016 | 153 |
| 2015 | 133 |
| 2014 | 147 |
| 2013 | 152 |
| 2012 | 132 |
| 2011 | 130 |
Over five years, Gallatin County prices changed +37.5%, compared with +44.0% for Illinois.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Fair Market Rents, FY2027
HUD rent standard for Gallatin County, IL
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $648 | +2.5% |
| 1 bedroom | $711 | +1.9% |
| 2 bedrooms | $930 | +1.5% |
| 3 bedrooms | $1,187 | +8.1% |
| 4 bedrooms | $1,344 | +2.8% |
Frequently asked questions
- What is the median home value in Junction, IL?
- The median home value in Junction is $71,700, based on the American Community Survey 2020-2024 5-year estimates. The Illinois median is $263,300.
- Are home prices going up in Junction?
- Home prices in Gallatin County changed +7.3% over one year and +37.5% over five years, as of 2025.