Buildocrat US Land Value Book

Land and home values in Menard County, Illinois

Menard County (suburban, Springfield, IL) covers 314 square miles and 3 census tracts. Residential land is about $3.34 per sq ft at the county median, from $2.75 in its most rural tracts to $4.22 in its most valuable. The typical home is worth about $209,000 and a 2-bedroom rents for about $1,210 a month, as of October 12, 2026.

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County values

Land: residential$3.34per sq ft
Land: residential$145,490per acre
Land: quarter-acre lot$36,37310,890 sq ft
Land: farmland$10,400per acre
Home: typical (median)$209,000value
Home: entry-level$134,000lower quartile
Home: upper-end$319,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$975per month
Rent: 2-bedroom$1,210per month
Rent: 3-bedroom$1,620per month
Rent: 4-bedroom$1,680per month
Gross yield, 2-bed6.9%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Upper1$4.22$237,000$950
Mid1$2.75$209,000$1,210
Rural1$3.34$196,000$1,210

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Highest-value places

PlaceTypeLand $/sq ftTypical home
East Springfield RoadSubdivision$4.16$295,000
PetersburgTown$4.14$212,000
Rainbow DriveSubdivision$4.12$291,000
Athens ApartmentsSubdivision$4.11$288,000
Brierwood RoadSubdivision$4.09$280,000
Parkside HomesSubdivision$4.09$285,000
Turner RoadSubdivision$4.08$278,000
Old Salem ChautauquaSubdivision$3.81$223,000

Questions people ask

How much is land worth in Menard County, IL?

Residential land in Menard County, IL is about $3.34 per square foot, or $145,490 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $36,373. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Menard County, IL?

The typical (median) home in Menard County, IL is worth about $209,000, with entry-level homes around $134,000 and upper-end homes around $319,000, as of October 2026.

How much is rent in Menard County, IL?

A 2-bedroom rents for about $1,210 a month in Menard County, IL, a 1-bedroom about $975 and a 3-bedroom about $1,620 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Menard County, IL?

Farmland averages about $10,400 an acre in Menard County, IL (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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