ZIP Code Market Report
61078 — Shannon, IL
Data through February 2026 · Updated monthly
Avg Home Value
$170,719
▲ 11.8% year-over-year
Month-over-Month
+0.4%
▲ 0.4%
Single Family
--
Condo / Co-op
--
The average home value in the 61078 ZIP code (Shannon, ILLINOIS) is $170,719 as of February 2026. Home prices are rising, up 11.8% compared to last year.
A 3-bedroom home in 61078 is valued at $159,840.
The market in 61078 has a $268,991 spread between bottom-tier homes at $91,794 and top-tier homes at $360,786. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Carroll County market area in ILLINOIS. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Carroll County report.
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Market Snapshot
61078 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $169,191 | $170,000 | $170,719 | ▲ 0.9% |
Home Values
61078 Home Value Trend
Historical home values for ZIP code 61078. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 61078
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $121,773 |
| 3 Bedrooms | $159,840 |
| 4 Bedrooms | $174,590 |
Property Types
Home Values by Property Type in 61078
How different property types compare in this ZIP code.
All Homes
$170,719
Bottom Tier
$91,794
Top Tier
$360,786
Data Sources and Methodology
Home value data for ZIP code 61078 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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