Housing market · ZIP 62431

Herrick, IL Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$172,993

3-month+2.0%

6-month+2.4%

12-month-0.2%

Touse 12-month forecast

+2.1%

Projected median near $176,610 over the next 12 months

As of April 2026, the median home value in Herrick, IL (ZIP 62431) is $172,993. Prices are stable, down 0.2% over the past year. Touse's model projects a +2.1% change over the next 12 months, putting the median near $176,610.

See what you can afford here →

Nearby areas in Shelby

Windsor 61957 Cowden 62422 Lakewood 62438 Mode 62444 Sigel 62462 Stewardson 62463 Strasburg 62465 Findlay 62534

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.