The story of this market
The typical home in Cumberland County, Illinois sells for about $177,792, or $99 per square foot.
Prices are up +8.61% from a year ago, so sellers still have some momentum. Homes take about 6 days to sell, which is fast. Over the long run, values in this county have grown 48% since 2000. The biggest natural hazard here is drought, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $930 a month.
HUD sets the fair market rent for a 2-bedroom at $930 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2021 (+14.1%). Worst: 2000 (-9%). Hover to read a year.
Monthly price momentum
Home values since 2015
+5.4%
IL · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,108
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
0%
2025 change
FHFA repeat-sales index, median of 3 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
83
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $7,399,316.
Mortgage activity
Home lending in this county
74.5%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 207 | 109 | 74.5% | 4.8% | $95,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Cumberland County, Illinois
Cumberland County's housing market is characterized by low inventory and steady demand, leading to competitive conditions for buyers. Prices have seen consistent year-over-year growth, supported by a stable local economy and a favorable price-to-income ratio.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 4 cities · 5 ZIP reports
Median prices moved up 0.0% year over year.
Homes spend a median of 134 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0.26% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 10.5% — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Deterministic aggregate of 5 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Cumberland County, Illinois — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 24
researched Sep 24
researched Sep 24
researched Sep 24
researched Sep 24
| 62420 | Casey | $164,950 | $98 | +2.5% | 87 | 96.5% | 12% | 6.4 | 32 | $701 | researched Sep 24 |
| 62428 | Greenup | $185,000 | $118 | — | 61 | — | — | — | — | $706 | researched Sep 24 |
| 62447 | Neoga | $185,000 | $112 | +2.4% | 68 | 97.5% | 12% | 4.2 | 14 | $941 | researched Sep 24 |
| 62462 | Sigel | $302,450 | $169 | — | 32 | — | — | — | 2 | $760 | researched Sep 24 |
| 62468 | Toledo | $185,400 | $162 | — | 176 | — | — | — | 7 | $917 | researched Sep 24 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Cumberland County maintains a relatively low crime rate consistent with rural Illinois standards, with no significant upward trends reported in recent public safety assessments.
Schools in the county are primarily served by local community-focused districts that emphasize small class sizes and community engagement, generally meeting state accountability standards.
The county faces standard Midwestern climate risks, including seasonal severe thunderstorms and occasional flooding in low-lying areas near the Embarras River, with insurance markets remaining stable.
The local economy is anchored by agriculture and small-scale manufacturing, with limited large-scale industrial development and a focus on maintaining existing infrastructure.
Property taxes are assessed at the county level based on fair market value, with rates determined by local taxing bodies including school districts and municipal entities; exemptions for homesteads and seniors are available.
The economy is primarily driven by the agricultural sector and small-business services, with a stable but modest employment base.
The county is served by a network of state highways and rural roads, with no major public transit infrastructure or rail hubs.
The Cumberland County Supervisor of Assessments oversees the valuation of property, ensuring assessments are conducted in accordance with Illinois Department of Revenue standards.
The county is served by various special districts, including local fire protection districts, library districts, and community college districts that provide essential services to rural residents.
Property insurance remains available and generally affordable, though premiums are influenced by regional exposure to severe weather events common in Central Illinois.
- Golden Corral Buffet & Grill4.320.6 mi
- Richards Farm Restaurant4.512.7 mi
- A1 Liquors Hwy 334.522.7 mi
- DRIVE N THEATRE aka Fairview Drive In Theater4.818.9 mi
- World's Largest Rocking Chair4.811.8 mi
- World's Largest Pitchfork4.812.7 mi
- World's Largest Mailbox4.811.7 mi
- Fox Ridge State Park4.710.2 mi
- Lincoln Log Cabin State Historic Site4.77.9 mi
- Ashmore Estates4.720.1 mi
- MY Garage Museum & Retail Store4.718.4 mi
- Historic Cumberland County Covered Bridge4.72.1 mi
- Two Story Outhouse4.520.4 mi
- Fox Ridge State Park4.710.2 mi
- Mattoon Peterson Park4.617.1 mi
- Douglas-Hart Nature Center4.816.6 mi
- Sam Parr State Park4.717.4 mi
- Lytle Park4.718 mi
- Casey Community Club & Golf Course4.512.4 mi
- Defense Depot4.819.2 mi
- Rural King4.416.8 mi
- Marshalls4.316.8 mi
- Cross County Mall3.716.8 mi
- Rural King4.415.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A significant regional landmark preserving the home of Abraham Lincoln's parents, attracting tourism and history enthusiasts.
Provides local opportunities for fishing, kayaking, and outdoor recreation, serving as a central natural asset for the county.
Data retrieved from US Census Bureau QuickFacts and Data Commons.
Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts. Exemptions, such as the homestead exemption, reduce the EAV before the tax rate is applied.
35 ILCS 200/9-145
Sellers must provide a written disclosure report to prospective buyers detailing material defects in the property as defined by 765 ILCS 77/35.
765 ILCS 77/1 et seq.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.