Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Litchfield area can be challenging. Home prices in Litchfield are now at a median cost of $118,468, lower than the Illinois average of $242,002.
The average cost of rent is $603/mo in Litchfield, primarily driven by the current value of real estate in the Litchfield area. While nearly 44.78% of residents own their homes outright in Litchfield, 25.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Litchfield is $4,993 per month. Households that rent pay about 12.08% of their income on rent here. Litchfield's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Honey Bend, IL: higher priced homes
- Hornsby, IL: less expensive homes
- Butler, IL: equally priced homes
- Walshville, IL: higher priced homes
- Lake Ka-ho, IL: less expensive homes
- Eagarville, IL: less expensive homes
- Mount Olive, IL: less expensive homes
- Hillsboro, IL: less expensive homes
- East Gillespie, IL: equally priced homes
- Taylor Springs, IL: less expensive homes
Cities with Similar Populations
- Scotia, NY: higher priced homes
- Inverness Highlands South, FL: higher priced homes
- Inwood, FL: less expensive homes
- Iowa Colony, TX: higher priced homes
- Jena, LA: higher priced homes
- Johnstown, OH: higher priced homes
- Kearneysville, WV: higher priced homes
- Salamanca, NY: less expensive homes
- Schnecksville, PA: higher priced homes
- Schuyler, NE: equally priced homes
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