Market Summary

Herrick, Shelby County, IL

City Last updated April 8, 2026

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Median Home Price Price

$162,491 $162.5K

Median Monthly Rent Rent

$754 $754

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Market Snapshot

Herrick, Shelby County, IL is a city market with a median home price of $162,491, a median monthly rent of $754, a GRM of 18.0x, and a price-to-rent ratio of 18.0.

Comparable Markets

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Similar Markets

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Similar markets within Shelby County

Region Price Rent GRM Display
$149,888 $874 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Shelby County

Region Price Rent GRM Display
$158,993 $870 15.0x

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
$217,642 $2,394 8.0x
$701,668 $2,753 21.0x
$188,883 $324 49.0x
$307,803 $1,000 26.0x
$422,371 $1,536 23.0x
$154,330 $876 15.0x
$284,982 $976 24.0x
$172,697 $900 16.0x
$141,915 $928 13.0x
$180,858 $1,311 11.0x
$292,566 $807 30.0x
$255,001 $955 22.0x
$161,085 $855 16.0x
$704,389 $2,491 24.0x
$215,131 $911 20.0x
$192,431 $800 20.0x
$264,636 $1,020 22.0x
$306,766 $825 31.0x
$480,682 $1,680 24.0x
$205,164 $747 23.0x
$270,737 $1,161 19.0x
$260,067 $862 25.0x
$676,386 $2,292 24.0x
$441,726 $1,466 25.0x
$162,597 $855 16.0x
$441,485 $1,537 24.0x
$165,796 $1,112 12.0x
$163,713 $855 16.0x
$725,859 $3,168 19.0x

Home prices

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Monthly rent

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GRM

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Herrick

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Trend Insights

Median Rent in Herrick, IL is $754, with MoM change +$6 and YoY change +$29 pointing to positive momentum while volatility is low (std $7).

Benchmark Markets Side by Side

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Metric
Base market Herrick, IL
Compare market Select a market
Delta vs base
Median rent
$754
N/A
Median price
$162,491
N/A
YoY change
+$29
N/A
Price-to-rent
18.0x
Data unavailable
Frequently Asked Questions

What is the median home price in Herrick, Shelby County, IL?

TwinMarket currently shows a median home price of $162,491 for Herrick, Shelby County, IL.

What is the median rent in Herrick, Shelby County, IL?

The current TwinMarket market snapshot lists median monthly rent at $754 in Herrick, Shelby County, IL.

What is the GRM in Herrick, Shelby County, IL?

TwinMarket currently shows a GRM of 18.0x in Herrick, Shelby County, IL. Use it alongside price, rent, and trend direction rather than as a standalone buy signal.

Which markets look similar to Herrick, Shelby County, IL?

Comparable markets currently surfaced on TwinMarket for Herrick, Shelby County, IL include Cowden, Shelby County, IL, Belknap, Massac County, IL, Irving, Montgomery County, IL. Open those pages to compare price, rent, GRM, and recent trend context side by side.

When was the Herrick, Shelby County, IL market page updated?

The market data shown on this page was last updated on April 8, 2026.