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These days, finding an affordable place to live in the Concord area can be challenging. Home prices in Concord are now at a median cost of $134,800, lower than the Illinois average of $300,242.
The average cost of rent is $694/mo in Concord, primarily driven by the current value of real estate in the Concord area. In Concord, 10.70% of households rent, and 49.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Concord is $5,201 per month. Households that rent pay about 13.34% of their income on rent here. Concord’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chapin, IL: less expensive homes
- Arenzville, IL: higher priced homes
- Merritt, IL: less expensive homes
- Meredosia, IL: less expensive homes
- Jacksonville, IL: equally priced homes
- Bluffs, IL: less expensive homes
- Exeter, IL: less expensive homes
- Riggston, IL: less expensive homes
- Literberry, IL: higher priced homes
- Lynnville, IL: higher priced homes
Cities with Similar Populations
- Rulo, NE: higher priced homes
- Coral, PA: less expensive homes
- Cornish, OK: higher priced homes
- Ezzell, TX: higher priced homes
- Shay, PA: higher priced homes
- Shacklesville, AL: equally priced homes
- Scarville, IA: higher priced homes
- Saunders, WV: less expensive homes
- Sand Hill, GA: less expensive homes
- Sanctuary, TX: higher priced homes
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