Market Overview
Home Prices in Chadwick, IL
The median home value in Chadwick, IL is $157,934 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.2% compared to a year ago and up 10.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chadwick are priced61% below average. Chadwick is part of the Sterling, IL metro area.
Over the past five years, Chadwick home values have risen by approximately43.6%, reflecting strong long-term appreciation in this market.
Price History
Chadwick Home Price Trend
City Comparison
Chadwick vs. National Median
At $157,934, homes in Chadwick cost 61% below the national median of $410,000. This makes Chadwick a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Chadwick?
20% Down Payment
$31,587
on $157,934
Monthly P&I
$824/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,046/mo
incl. taxes & insurance
Income Needed
$41,840
gross annual (30% rule)
10% Down Option
$15,793
+ PMI applies
Loan Amount (20% dn)
$126,347
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Chadwick, IL?
The median home value in Chadwick is $157,934 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.2% year-over-year.
How much have home prices changed in Chadwick?
Over the past year, home values in Chadwick have increased by 11.2%. Over five years, prices have risen approximately 43.6%.
How much do I need to earn to buy a home in Chadwick?
To comfortably afford the median home price of $157,934 with a 20% down payment ($31,587) at today's rates (6.8%), you'd need a gross annual income of approximately $41,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Chadwick compare to the national average home price?
The national median home value is approximately $410,000. At $157,934, homes in Chadwick are 61% below the national average.
What metro area is Chadwick part of?
Chadwick is part of the Sterling, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.