Market Overview
Home Prices in Dana, IL
The median home value in Dana, IL is $227,640 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 13.2% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dana are priced44% below average. Dana is part of the Ottawa, IL metro area.
Over the past five years, Dana home values have risen by approximately28.8%, reflecting strong long-term appreciation in this market.
Price History
Dana Home Price Trend
2020
$163,739
$164K
—
2021
$176,748
$177K
+7.9%
2022
$194,634
$195K
+10.1%
2023
$193,324
$193K
-0.7%
2024
$200,201
$200K
+3.6%
2025
$201,174
$201K
+0.5%
2026
$227,640
$228K
+13.2%
City Comparison
Dana vs. National Median
🏠 Dana
$227,640
National Median
$410,000
At $227,640, homes in Dana cost 44% below the national median of $410,000. This makes Dana a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dana?
20% Down Payment
$45,528
on $227,640
Monthly P&I
$1,187/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,507/mo
incl. taxes & insurance
Income Needed
$60,280
gross annual (30% rule)
10% Down Option
$22,764
+ PMI applies
Loan Amount (20% dn)
$182,112
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 Dana, IL?
The median home value in Dana is $227,640 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 13.2% year-over-year.
How much have home prices changed in Dana?
Over the past year, home values in Dana have increased by 13.2%. Over five years, prices have risen approximately 28.8%.
How much do I need to earn to buy a home in Dana?
To comfortably afford the median home price of $227,640 with a 20% down payment ($45,528) at today's rates (6.8%), you'd need a gross annual income of approximately $60,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Dana compare to the national average home price?
The national median home value is approximately $410,000. At $227,640, homes in Dana are 44% below the national average.
What metro area is Dana part of?
Dana is part of the Ottawa, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.