Property details·Steeleville, Randolph County, Illinois·17-033-011-00
105 West Main Street
Steeleville, IL 62288
Randolph County
17-033-011-00
38.009670, -89.659062
| Category | Amount | Year |
|---|---|---|
| Tax value | $1,351.67 | 2026 |
| Market value | $86,040 | 2024 |
| Assessed value | $28,680 | 2026 |
| Building value | $77,130 | — |
| Land value | $8,910 | — |
Values reflect public tax roll data as of the year shown.
County context
Tucked along the Mississippi River in southwestern Illinois, Randolph County is the kind of place that doesn't show up on national housing trend reports — until suddenly it does. With a 23.5% year-over-year price increase on median home values that still sit around $129,000, this rural county is delivering something increasingly rare in the American housing market: genuine affordability and meaningful appreciation at the same time.
This is Chester country. The county seat is home to Menard Correctional Center, one of Illinois' maximum-security prisons, and the corrections industry quietly anchors a significant portion of local employment. The broader economy leans on agriculture, small manufacturing, and the kind of public-sector stability that insulates rural counties from the volatility that hammers more speculative markets. That stability shows up in the data: a homeownership rate of 76.8% — dramatically above the national norm — and a vacancy rate of 12.9% that suggests a housing stock still working through some legacy rural decline, but nothing like the hollowed-out numbers seen in similarly-sized counties across the Midwest.
At $93 per square foot, Randolph County homes cost less per square foot than a dinner out in Chicago. The price-to-income ratio hovers around 1.9x median household income — less than half the national benchmark of 4x. For buyers priced out of St. Louis suburbs just across the river, or relocating from Illinois' collar counties, this math is nearly incomprehensible. It's likely a driver of that price surge: external demand colliding with thin inventory.
The 191 sales recorded in the last 12 months against a tracked pool of just 344 properties signals an unusually active market. When more than half of a county's tracked listings turn over in a year, something structural is happening — whether it's retirees cashing out, investors hunting yield, or new residents discovering the Mississippi River towns.
| Stat | Value | Context |
|---|---|---|
| Median Home Price | $129,000 | Less than 40% of the national median |
| YoY Price Change | +23.5% | One of Illinois' sharpest rural appreciation rates |
| Homeownership Rate | 76.8% | Nearly 20 points above national average |
| Price-to-Income Ratio | 1.9x | vs. 4x national benchmark |
The county's low labor force participation rate — just 53.8%, well below national norms — is the number that demands explanation. Combine a median age of 43 with a disability rate of 20.8% and a 65-plus population matching that same figure, and the picture clarifies: this is an aging, working-class community where many residents have cycled out of the workforce through retirement or health. The 14.8% child poverty rate adds urgency to what the headline housing numbers might obscure.
Rent burden at 37.3% is also notable — above the 30% threshold that signals stress — suggesting that even at $760 median rent, the renters who remain here are stretching.
What makes Randolph County, Illinois unique? Randolph County sits at a rare intersection: deeply affordable housing stock, above-average homeownership, and suddenly sharp appreciation — likely driven by spillover demand from the St. Louis metro just across the state line. Few counties in the Midwest can claim both.
Is Randolph County, IL a good place to buy a home right now? For value-focused buyers, the fundamentals are compelling — sub-$130K median prices, strong ownership culture, and recent appreciation suggest the market is gaining attention. The trade-offs are a thinning labor market and limited services typical of rural Illinois counties.
Why is the labor force participation rate so low in Randolph County? An older-than-average population, elevated disability rates, and the county's rural character all contribute. With over one-in-five residents aged 65 or older, much of the working-age population has aged out of traditional employment — a pattern common across rural southern Illinois.
Our database includes 1,919 properties in Steeleville.
Steeleville offers affordable housing with an average price of $227,990.
With a price per square foot of just $138, this area offers excellent value for buyers.
Home prices in Steeleville are 38% higher than the Randolph County average.
| Metric | Steeleville | Randolph County | vs County |
|---|---|---|---|
| Average Price | $227,990 | $164,952 | +38% |
| Avg Sq Ft | 1,654 | 1,588 | +4% |
| Price/Sq Ft | $138 | $104 | +33% |
| Properties | 1,919 | 32,141 | -94% |
Other parcels within a few hundred meters of this one.
The average home price in Steeleville, IL is $227,990, based on analysis of 1,919 properties in our database.
Our database includes 1,919 properties in Steeleville, IL, providing comprehensive market coverage.
The average price per square foot in Steeleville, IL is $138. This is calculated from an average home price of $227,990 and average size of 1,654 square feet.
Homes in Steeleville, IL average 1,654 square feet, with an average price of $227,990.
Steeleville, IL is one of many cities in Randolph County, IL with property data available. Browse other cities in the county to compare market conditions and pricing.
Access owner information, tax records, transfer history, and more through our API.
View API pricingGet instant access to comprehensive county assessors-based property data with your free API key
Need Bulk Data?
Email us at hello@realie.ai