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Thayer, IL Home Values and Rents
The median home value in Thayer is $97,100. Median rent is $968 a month.
- Median home value
- $97,100
- ACS 2020-2024
- Median rent
- $968/mo
- ACS 2020-2024
- Price change, 1 year
- +4.5%
- County index, 2025
- Homeownership
- 86.9%
- IL: 67.1%
Home sale prices in the Springfield, IL area
Zillow median sale price, Sep 2026
$185,984+1.7% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Sangamon County home price trend
FHFA annual House Price Index for Sangamon County, 2000 = 100, compared with Illinois
Show as a table
| Period | Sangamon County |
|---|---|
| 2025 | 188 |
| 2024 | 180 |
| 2023 | 169 |
| 2022 | 158 |
| 2021 | 140 |
| 2020 | 133 |
| 2019 | 131 |
| 2018 | 129 |
| 2017 | 128 |
| 2016 | 128 |
| 2015 | 125 |
| 2014 | 123 |
| 2013 | 122 |
| 2012 | 120 |
| 2011 | 120 |
Over five years, Sangamon County prices changed +41.9%, compared with +44.0% for Illinois.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 62689 | $92,300 | $923 | - | - |
Fair Market Rents, FY2027
HUD rent standard for Springfield, IL MSA
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $861 | +3.9% |
| 1 bedroom | $977 | +0.7% |
| 2 bedrooms | $1,237 | +2.8% |
| 3 bedrooms | $1,631 | +1.2% |
| 4 bedrooms | $1,728 | +2.7% |
Frequently asked questions
- What is the median home value in Thayer, IL?
- The median home value in Thayer is $97,100, based on the American Community Survey 2020-2024 5-year estimates. The Illinois median is $263,300.
- How much is rent in Thayer?
- The median rent in Thayer is $968 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,237.
- Are home prices going up in Thayer?
- Home prices in Sangamon County changed +4.5% over one year and +41.9% over five years, as of 2025.
- Which ZIP code in Thayer has the highest home values?
- ZIP code 62689 has the highest median home value at $92,300.