Market Overview
Home Prices in Dallas City, IL
The median home value in Dallas City, IL is $98,943 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.1% compared to a year ago and up 4.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dallas City are priced76% below average. Dallas City is part of the Fort Madison-Keokuk, IA-IL-MO metro area.
Over the past five years, Dallas City home values have risen by approximately17.5%, reflecting steady appreciation in this market.
Price History
Dallas City Home Price Trend
City Comparison
Dallas City vs. National Median
At $98,943, homes in Dallas City cost 76% below the national median of $410,000. This makes Dallas City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dallas City?
20% Down Payment
$19,789
on $98,943
Monthly P&I
$516/mo
30-yr @ 6.8%
Total Monthly Est.
~$655/mo
incl. taxes & insurance
Income Needed
$26,200
gross annual (30% rule)
10% Down Option
$9,894
+ PMI applies
Loan Amount (20% dn)
$79,154
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 Dallas City, IL?
The median home value in Dallas City is $98,943 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.1% year-over-year.
How much have home prices changed in Dallas City?
Over the past year, home values in Dallas City have increased by 4.1%. Over five years, prices have risen approximately 17.5%.
How much do I need to earn to buy a home in Dallas City?
To comfortably afford the median home price of $98,943 with a 20% down payment ($19,789) at today's rates (6.8%), you'd need a gross annual income of approximately $26,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Dallas City compare to the national average home price?
The national median home value is approximately $410,000. At $98,943, homes in Dallas City are 76% below the national average.
What metro area is Dallas City part of?
Dallas City is part of the Fort Madison-Keokuk, IA-IL-MO metropolitan area. Home prices and market conditions can vary across the broader metro region.