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Lewistown

Learn about the people, housing, costs and businesses in Lewistown, Illinois

Median Home$110,300
Median Rent$599/month
Population1,959
Leading IndustriesConstruction · Agriculture & Mining · Public Administration11% construction
Home Value Growth+0.6% over 2 years
Retirees21% of residentsnear the national average
Homeowners72% of occupied units
NotableAffordable Market$110k median home · lower cost than 88% of the country
Lewistown
IL

Frequently Asked Questions

What are today's mortgage rates in Lewistown?

As of today, the 30-year fixed mortgage rate for Lewistown is approximately 7.302% (7.318% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lewistown?

The median home value in Lewistown is $110k. The median monthly rent is $599. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lewistown?

Home values in Lewistown have increased 0.6% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lewistown?

Based on a typical all-in ownership cost of $766/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lewistown is $63k/year.

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What industries drive the economy in Lewistown?

The largest employment sectors in Lewistown are public administration (28%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.