Market Overview
Home Prices in Dennison, IL
The median home value in Dennison, IL is $206,184 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 16.4% compared to a year ago and up 3.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dennison are priced50% below average.
Over the past five years, Dennison home values have risen by approximately38.2%, reflecting strong long-term appreciation in this market.
Price History
Dennison Home Price Trend
2021
$149,163
$149K
—
2022
$172,905
$173K
+15.9%
2023
$168,124
$168K
-2.8%
2024
$170,409
$170K
+1.4%
2025
$177,078
$177K
+3.9%
2026
$206,184
$206K
+16.4%
City Comparison
Dennison vs. National Median
🏠 Dennison
$206,184
National Median
$410,000
At $206,184, homes in Dennison cost 50% below the national median of $410,000. This makes Dennison a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dennison?
20% Down Payment
$41,237
on $206,184
Monthly P&I
$1,075/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,365/mo
incl. taxes & insurance
Income Needed
$54,600
gross annual (30% rule)
10% Down Option
$20,618
+ PMI applies
Loan Amount (20% dn)
$164,947
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 Dennison, IL?
The median home value in Dennison is $206,184 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 16.4% year-over-year.
How much have home prices changed in Dennison?
Over the past year, home values in Dennison have increased by 16.4%. Over five years, prices have risen approximately 38.2%.
How much do I need to earn to buy a home in Dennison?
To comfortably afford the median home price of $206,184 with a 20% down payment ($41,237) at today's rates (6.8%), you'd need a gross annual income of approximately $54,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Dennison compare to the national average home price?
The national median home value is approximately $410,000. At $206,184, homes in Dennison are 50% below the national average.