Buildocrat US Land Value Book

Land and home values in Shelby County, Illinois

Shelby County (rural) covers 759 square miles and 6 census tracts. Residential land is about $2.61 per sq ft at the county median, from $2.11 in its most rural tracts to $3.14 in its most valuable. The typical home is worth about $170,000 and a 2-bedroom rents for about $955 a month, as of October 12, 2026.

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County values

Land: residential$2.61per sq ft
Land: residential$113,517per acre
Land: quarter-acre lot$28,37910,890 sq ft
Land: farmland$10,000per acre
Home: typical (median)$170,000value
Home: entry-level$103,000lower quartile
Home: upper-end$307,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$795per month
Rent: 2-bedroom$955per month
Rent: 3-bedroom$1,140per month
Rent: 4-bedroom$1,440per month
Gross yield, 2-bed6.7%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Small town1$2.61$146,000$920
Rural5$2.61$178,000$975

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
StewardsonTown$3.16$131,000
SigelTown$2.90$199,000
StrasburgTown$2.71$117,000
ShelbyvilleTown$2.61$140,000
CowdenTown$2.60$92,400
WesterveltCommunity$2.49$166,000
FindlayTown$2.42$106,000
WindsorTown$2.28$127,000

Questions people ask

How much is land worth in Shelby County, IL?

Residential land in Shelby County, IL is about $2.61 per square foot, or $113,517 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $28,379. Smaller lots sell for more per square foot and large tracts for less.

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

The typical (median) home in Shelby County, IL is worth about $170,000, with entry-level homes around $103,000 and upper-end homes around $307,000, as of October 2026.

How much is rent in Shelby County, IL?

A 2-bedroom rents for about $955 a month in Shelby County, IL, a 1-bedroom about $795 and a 3-bedroom about $1,140 (gross rent including utilities, HUD Fair Market Rent basis).

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

Farmland averages about $10,000 an acre in Shelby 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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