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These days, finding an affordable place to live in the Timothy area can be challenging. Home prices in Timothy are now at a median cost of $102,579, lower than the Illinois average of $300,242.
The average cost of rent is $748/mo in Timothy, primarily driven by the current value of real estate in the Timothy area. In Timothy, 21.68% of households rent, and 49.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Timothy is $5,747 per month. Households that rent pay about 13.02% of their income on rent here. Timothy’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Maple Point, IL: higher priced homes
- Greenup, IL: equally priced homes
- Toledo, IL: higher priced homes
- Janesville, IL: higher priced homes
- Hutton, IL: higher priced homes
- Casey, IL: higher priced homes
- Hazel Dell, IL: equally priced homes
- Jewett, IL: higher priced homes
- Oilfield, IL: higher priced homes
- Lerna, IL: higher priced homes
Cities with Similar Populations
- East Fultonham, OH: higher priced homes
- Trimble, IL: higher priced homes
- Trident, MT: higher priced homes
- Trickham, TX: higher priced homes
- Trevat, TX: higher priced homes
- Townwood, OH: higher priced homes
- Time, IL: equally priced homes
- East Springfield, OH: higher priced homes
- East Point, LA: less expensive homes
- East Pleasant Plain, IA: higher priced homes
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