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Land and home values in Wabash County, Illinois

Wabash County (rural) covers 223 square miles and 4 census tracts. Residential land is about $1.42 per sq ft at the county median, from $1.04 in its most rural tracts to $1.92 in its most valuable. The typical home is worth about $152,000 and a 2-bedroom rents for about $915 a month, as of October 12, 2026.

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County values

Land: residential$1.42per sq ft
Land: residential$61,681per acre
Land: quarter-acre lot$15,42010,890 sq ft
Land: farmland$6,500per acre
Home: typical (median)$152,000value
Home: entry-level$76,000lower quartile
Home: upper-end$262,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$695per month
Rent: 2-bedroom$915per month
Rent: 3-bedroom$1,270per month
Rent: 4-bedroom$1,300per month
Gross yield, 2-bed7.2%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Small town2$1.92$183,000$800
Rural2$1.04$152,000$915

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
Mount CarmelTown$1.68$117,000
KeensburgTown$1.49$88,100
AllendaleTown$1.49$119,000
BellmontTown$1.29$62,400

Questions people ask

How much is land worth in Wabash County, IL?

Residential land in Wabash County, IL is about $1.42 per square foot, or $61,681 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $15,420. Smaller lots sell for more per square foot and large tracts for less.

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

The typical (median) home in Wabash County, IL is worth about $152,000, with entry-level homes around $76,000 and upper-end homes around $262,000, as of October 2026.

How much is rent in Wabash County, IL?

A 2-bedroom rents for about $915 a month in Wabash County, IL, a 1-bedroom about $695 and a 3-bedroom about $1,270 (gross rent including utilities, HUD Fair Market Rent basis).

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

Farmland averages about $6,500 an acre in Wabash 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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