Buildocrat US Land Value Book

Land and home values in Vermilion County, Illinois

Vermilion County (small town, Danville, IL) covers 898 square miles and 24 census tracts. Residential land is about $1.20 per sq ft at the county median, from $0.49 in its most rural tracts to $1.59 in its most valuable. The typical home is worth about $106,000 and a 2-bedroom rents for about $1,060 a month, as of October 12, 2026.

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County values

Land: residential$1.20per sq ft
Land: residential$52,316per acre
Land: quarter-acre lot$13,07910,890 sq ft
Land: farmland$7,630per acre
Home: typical (median)$106,000value
Home: entry-level$76,100lower quartile
Home: upper-end$181,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$805per month
Rent: 2-bedroom$1,060per month
Rent: 3-bedroom$1,280per month
Rent: 4-bedroom$1,420per month
Gross yield, 2-bed12.0%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Small town15$1.20$96,100$1,060
Rural7$1.05$142,000$1,060
Farmland2$1.09$148,000$920

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.

Cities and towns

Highest-value places

PlaceTypeLand $/sq ftTypical home
AllertonTown$3.06$130,000
SidellTown$2.36$97,700
FairmountTown$1.64$107,000
FithianTown$1.53$145,000
RankinTown$1.45$69,800
CatlinTown$1.41$153,000
Lake Forest ApartmentsSubdivision$1.39$127,000
IndianolaTown$1.35$100,000

Questions people ask

How much is land worth in Vermilion County, IL?

Residential land in Vermilion County, IL is about $1.20 per square foot, or $52,316 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $13,079. Smaller lots sell for more per square foot and large tracts for less.

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

The typical (median) home in Vermilion County, IL is worth about $106,000, with entry-level homes around $76,100 and upper-end homes around $181,000, as of October 2026.

How much is rent in Vermilion County, IL?

A 2-bedroom rents for about $1,060 a month in Vermilion County, IL, a 1-bedroom about $805 and a 3-bedroom about $1,280 (gross rent including utilities, HUD Fair Market Rent basis).

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

Farmland averages about $7,630 an acre in Vermilion 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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