Property tax rate
2.17%Above state avg 2.01%Median bill $4,524/yr · CensusMedian rent
$1,0092-bed $1,063Per month · CensusDays on market
38 days▼ 4 days vs last yearSeptember 2026 · Realtor.comWhat the numbers say
McLean County, IL real estate at a glance
By AstroCore · Realtor.com, US Census and Freddie Mac data
In September 2026, the median home in McLean County listed for $289,500, down 1.4% from a year earlier. That is 11% below the Illinois median of $324,950.
Homes spent a median of 38 days on the market, faster than 42 days a year ago. That makes McLean County the #13 fastest-selling of 32 Illinois counties we track.
Homeowners in McLean County pay a median of $4,524 a year in property taxes on a median home value of $208,400, an effective rate of about 2.17%. The Illinois average is 2.01%, which makes McLean County the #90 lowest-tax of 102 counties in the state with published tax data.
Renters pay a median of $1,009 a month, and $1,063 for a two-bedroom. At today's prices a typical home costs about 24 times a year's rent, which generally favors renting over buying in the short term.
With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $290,000 home here comes to about $2,223 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $95,000 a year (the median household here earns $79,905).
Monthly payment on a typical home
$2,223/mo- Principal & interest$1,578
- Property tax$524
- Insurance (est.)$121
$290,000 home · 20% down · 7.24% 30-year fixed
Run your own numbersRents in McLean County by bedrooms
Median gross rent (rent plus utilities), US Census American Community Survey 2024 5-year estimates.
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Sources: Realtor.com housing inventory (monthly) and Freddie Mac Primary Mortgage Market Survey (weekly), via FRED, Federal Reserve Bank of St. Louis; US Census Bureau American Community Survey 5-year estimates (property taxes, home values, rents, income). Insurance is an estimate. Medians for the whole county; individual homes vary. For information only.