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Topeka, IL Home Values and Rents
The median home value in Topeka is $31,300.
- Median home value
- $31,300
- ACS 2020-2024
- Price change, 1 year
- -0.1%
- County index, 2025
- Homeownership
- 56.3%
- IL: 67.1%
Mason County home price trend
FHFA annual House Price Index for Mason County, 2000 = 100, compared with Illinois
Show as a table
| Period | Mason County |
|---|---|
| 2025 | 175 |
| 2024 | 175 |
| 2023 | 148 |
| 2022 | 135 |
| 2021 | 144 |
| 2020 | 117 |
| 2019 | 125 |
| 2018 | 121 |
| 2017 | 129 |
| 2016 | 132 |
| 2015 | 130 |
| 2014 | 117 |
| 2013 | 122 |
| 2012 | 126 |
| 2011 | 128 |
Beta
Over five years, Mason County prices changed +49.1%, compared with +44.0% for Illinois.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Share:
Fair Market Rents, FY2027
HUD rent standard for Mason County, IL
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $648 | +2.5% |
| 1 bedroom | $711 | +1.9% |
| 2 bedrooms | $930 | +1.5% |
| 3 bedrooms | $1,288 | +1.1% |
| 4 bedrooms | $1,554 | +1.1% |
Frequently asked questions
- What is the median home value in Topeka, IL?
- The median home value in Topeka is $31,300, based on the American Community Survey 2020-2024 5-year estimates. The Illinois median is $263,300.
- Are home prices going up in Topeka?
- Home prices in Mason County changed -0.1% over one year and +49.1% over five years, as of 2025.