Market Overview
Home Prices in Cicero, IL
The median home value in Cicero, IL is $280,419 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cicero are priced32% below average. Cicero is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Cicero home values have risen by approximately23.4%, reflecting strong long-term appreciation in this market.
Price History
Cicero Home Price Trend
City Comparison
Cicero vs. National Median
At $280,419, homes in Cicero cost 32% below the national median of $410,000. This makes Cicero a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cicero?
20% Down Payment
$56,084
on $280,419
Monthly P&I
$1,462/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,857/mo
incl. taxes & insurance
Income Needed
$74,280
gross annual (30% rule)
10% Down Option
$28,042
+ PMI applies
Loan Amount (20% dn)
$224,335
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 Cicero, IL?
The median home value in Cicero is $280,419 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in Cicero?
Over the past year, home values in Cicero have increased by 3.5%. Over five years, prices have risen approximately 23.4%.
How much do I need to earn to buy a home in Cicero?
To comfortably afford the median home price of $280,419 with a 20% down payment ($56,084) at today's rates (6.8%), you'd need a gross annual income of approximately $74,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Cicero compare to the national average home price?
The national median home value is approximately $410,000. At $280,419, homes in Cicero are 32% below the national average.
What metro area is Cicero part of?
Cicero is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.