Market Overview
Home Prices in Dixon, IL
The median home value in Dixon, IL is $181,757 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.1% compared to a year ago and up 5.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dixon are priced56% below average. Dixon is part of the Dixon, IL metro area.
Over the past five years, Dixon home values have risen by approximately32.9%, reflecting strong long-term appreciation in this market.
Price History
Dixon Home Price Trend
2020
$121,475
$121K
—
2021
$136,773
$137K
+12.6%
2022
$148,707
$149K
+8.7%
2023
$149,746
$150K
+0.7%
2024
$161,299
$161K
+7.7%
2025
$169,733
$170K
+5.2%
2026
$181,757
$182K
+7.1%
City Comparison
Dixon vs. National Median
🏠 Dixon
$181,757
National Median
$410,000
At $181,757, homes in Dixon cost 56% below the national median of $410,000. This makes Dixon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dixon?
20% Down Payment
$36,351
on $181,757
Monthly P&I
$948/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,204/mo
incl. taxes & insurance
Income Needed
$48,160
gross annual (30% rule)
10% Down Option
$18,176
+ PMI applies
Loan Amount (20% dn)
$145,406
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 Dixon, IL?
The median home value in Dixon is $181,757 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.1% year-over-year.
How much have home prices changed in Dixon?
Over the past year, home values in Dixon have increased by 7.1%. Over five years, prices have risen approximately 32.9%.
How much do I need to earn to buy a home in Dixon?
To comfortably afford the median home price of $181,757 with a 20% down payment ($36,351) at today's rates (6.8%), you'd need a gross annual income of approximately $48,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Dixon compare to the national average home price?
The national median home value is approximately $410,000. At $181,757, homes in Dixon are 56% below the national average.
What metro area is Dixon part of?
Dixon is part of the Dixon, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.