Current Price

$229,434

1 Month Forecast

â–² $256,457

1-Year Forecast *

â–² $277,614

5-Year Forecast *

â–² $312,006

"Is it a good time to buy homes in Philo?" "Does investing in real estate in Philo (Illinois State, Champaign County) worth it?" According to our live Forecast System, buying a house in Philo is a good short-term (1-year) investment*. The Philo average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Philo" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Philo in Illinois State, Champaign County. If you are looking for homes for sale with good flipping profit, Philo can be a profitable property investment option. The median price of an average house in Philo was 229,434 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Philo" area is 312,006 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +35.99% meaning that investing 100000 USD today may yield a profit of 35,990 USD by 2031.

Current Median Listing Price: 229,434 USD Median Listing Price Per Square Foot: 127 USD

Philo Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Philo (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Philo Price Target

Philo median home price target in 12 months: $277,614* (upside of 21.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $248,829 $255,187 $248,509 $255,187
2024 $221,347 $229,434 $221,347 $229,765
2023 $223,654 $221,779 $221,018 $223,654
2022 $214,341 $224,720 $214,341 $226,559
2021 $193,180 $211,719 $193,180 $211,719
2020 $188,596 $192,807 $187,972 $192,807
2019 $181,498 $187,787 $181,498 $188,196
2018 $179,688 $180,705 $179,214 $180,788
2017 $176,152 $179,174 $176,152 $179,174
2016 $169,389 $175,436 $169,389 $175,436
2015 $161,606 $169,104 $161,512 $169,104
2014 $161,165 $161,911 $160,205 $163,360
2013 $155,281 $161,335 $154,489 $161,335
2012 $153,342 $156,306 $153,342 $156,529

Questions & Answers about the Philo Housing Market Forecast

How much does an average home cost in Philo today?

The value of an average home (the listing price) in Philo is $229,434 USD.

What is the average price per square foot in Philo?

According to Walletinvestor the median price per square foot in Philo is 127 USD.

Will the median listing price of homes in Philo grow / rise / go up?

Yes. The Philo home prices may rise from 229,434 USD to 277,614 USD in one year.

Is it profitable to invest in Philo homes?

Yes. The long-term profit potential is +21.00% in one year.

Will Philo house prices fall / drop?

No. See above.

What is the predicted price of a Philo home in 2030?

The predicted home sales price of a Philo home in 2030 in Philo is 289,287 USD.

What is the predicted price of a Philo home in 2035?

The predicted home sales price of a Philo home in 2035 in Philo is 350,659 USD.

Will real estate prices decrease in Philo?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Philo is the 16190. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Champaign, Philo decreased, looking at the past 12 months.

According to Walletinvestor's Philo real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.832% to 229,434 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 22.700% in 2021
  • 22.000% in 2022
  • 22.960% in 2023
  • 22.420% in 2024
  • 21.620% in 2025
  • 21.820% in 2026

Based on our Philo real estate market research and report the predicted sales prices will increase by 572.744% in the next 10 years.

Over the last 12 months, the value of homes in Philo fluctuated: increasing 4 times .

Philo (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Philo Housing Market Forecast with Real Estate Prices for 2025
August 2025 256457 235684 277230
September 2025 258312 245397 271228
October 2025 260180 246131 274230
November 2025 262062 247387 276738
December 2025 263958 247064 280851
Philo Housing Market Forecast with Real Estate Prices for 2026
January 2026 265867 246458 285275
February 2026 267789 247973 287606
March 2026 269726 251115 288337
April 2026 271677 252660 290694
May 2026 273642 247920 299364
June 2026 275621 248610 302632
July 2026 277614 260402 294827
August 2026 279622 263404 295840
September 2026 281645 258550 304740
October 2026 283494 263366 303622
November 2026 283550 255195 311904
December 2026 283239 268228 298251
Philo Housing Market Forecast with Real Estate Prices for 2027
January 2027 282174 260447 303901
February 2027 282416 261800 303033
March 2027 282046 266534 297559
April 2027 281248 263248 299248
May 2027 279914 255002 304826
June 2027 278483 255369 301597
July 2027 277991 253250 302732
August 2027 277768 256658 298879
September 2027 279059 258687 299430
October 2027 279540 262767 296312
November 2027 278619 258280 298958
December 2027 277696 263533 291858
Philo Housing Market Forecast with Real Estate Prices for 2028
January 2028 276810 259094 294526
February 2028 277234 261154 293313
March 2028 277536 260052 295021
April 2028 277763 259986 295540
May 2028 277222 258648 295796
June 2028 277390 261579 293202
July 2028 278375 261951 294799
August 2028 280389 252630 308147
September 2028 280767 261394 300140
October 2028 281669 264487 298851
November 2028 281698 257754 305643
December 2028 282741 255597 309884
Philo Housing Market Forecast with Real Estate Prices for 2029
January 2029 283975 269209 298742
February 2029 285716 262573 308859
March 2029 287508 270545 304471
April 2029 287094 268433 305755
May 2029 289171 266326 312015
June 2029 288798 259919 317678
July 2029 289287 264987 313587
August 2029 289983 261854 318111
September 2029 290965 273798 308131
October 2029 293069 275778 310360
November 2029 295189 266260 324117
December 2029 296658 275595 317720
Philo Housing Market Forecast with Real Estate Prices for 2030
January 2030 298803 272807 324799
February 2030 300964 281402 320527
March 2030 303141 286165 320117
April 2030 305333 287929 322737
May 2030 307542 287859 327224
June 2030 309766 292109 327423
July 2030 312006 285486 338527
August 2030 314263 284408 344118
September 2030 316536 290580 342492
October 2030 318825 296189 341462
November 2030 321131 295120 347143
December 2030 323454 299842 347066
Philo Housing Market Forecast with Real Estate Prices for 2031
January 2031 325793 307223 344363
February 2031 327932 298418 357446
March 2031 327997 305037 350956
April 2031 327638 303065 352210
May 2031 326405 301599 351212
June 2031 326685 300877 352494
July 2031 326258 298852 353663
August 2031 325335 299308 351361
September 2031 323791 293678 353904
October 2031 322135 300874 343396
November 2031 321567 291661 351472
December 2031 321309 293998 348620
Philo Housing Market Forecast with Real Estate Prices for 2032
January 2032 322802 300528 345075
February 2032 323358 295550 351167
March 2032 322293 296832 347755
April 2032 321225 294242 348208
May 2032 320201 294905 345496
June 2032 320691 296959 344422
July 2032 321041 295679 346403

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.