Rushville Housing Update: Values Slip, Inventory Steady Heading Into Spring
Rushville, IL – March 10, 2026 – Home values have edged lower year over year while listings remain limited, setting up a measured start to spring.
Top takeaways
- Typical home value around $130K, down year over year.
- Roughly a few dozen homes on the market, keeping inventory tight.
- Recent 12-month median sale prices reported below $100K on some platforms.
Market snapshot
Rushville’s housing market is entering the spring season with modest price pressure and limited supply. Zillow’s Home Value Index places the typical home value at $129,543, a 6.2% decline from a year earlier (data through late 2025). Inventory has hovered in the teens, reflecting a small but steady pool of active listings.
Other market trackers show 33 residential sales over the past 12 months, with a reported median single-family sale price of $87,000. While price metrics vary by source and property mix, the common theme is a stable, lower-volume market where individual listings can influence overall trends.
What’s for sale
Current listings include a mix of single-family homes, small multi-family properties, and rural acreage. Land offerings around 30 acres have been marketed near $165,000, highlighting ongoing interest in agricultural and recreational parcels. Buyers can also find homes with larger lots, garages, and updated interiors at price points well below many Illinois metro areas.
With limited new construction activity visible online, most options remain existing homes and farmland. Well-prepared listings may stand out as buyers compare value and condition carefully.
Outlook
As mortgage shoppers nationwide position for spring, Rushville’s affordability relative to larger markets could draw attention from move-up buyers and investors. Sellers, however, may need to price realistically given the recent year-over-year dip in typical values.
Are you seeing more showings, price reductions, or multiple-offer situations so far this spring?
Sources
https://www.zillow.com/home-values/6867/rushville-il/
https://www.zillow.com/rushville-il/
https://www.propertyfocus.com/trends/city/il/rushville
https://www.realtor.com/realestateandhomes-search/Rushville_IL/overview