The median home in Cerro Gordo, Illinois is valued at $138,293, up 3.9% year over year. Cerro Gordo is part of the Champaign-Urbana, IL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$138,293

+3.9%

Prices rising — worse for buyers.

Affordability

Enter your income for Cerro Gordo.

Income (annual)

Down Payment

$27,659 on $138,293

Example: $75,000 household income. Change it above to see your own.

Affordable17.7% of income

Under the 28% guideline.

PITI$1,106

P/I17.7%

Afford$219K

Room+$81K

P&I $699Tax $257Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Cerro Gordo with other housing markets across Illinois.

Kenilworth$1.93M Winnetka$1.73M Glencoe$1.51M Bannockburn$1.22M Golf$1.19M Hinsdale$1.18M Lake Forest$1.14M South Barrington$1.08M

Full Champaign-Urbana, IL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Champaign-Urbana, IL metro.

View Champaign-Urbana, IL metro

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Cerro Gordo, IL