Market Overview
Home Prices in Dorsey, IL
The median home value in Dorsey, IL is $305,728 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dorsey are priced25% below average. Dorsey is part of the St. Louis, MO-IL metro area.
Over the past five years, Dorsey home values have risen by approximately28.9%, reflecting strong long-term appreciation in this market.
Price History
Dorsey Home Price Trend
City Comparison
Dorsey vs. National Median
At $305,728, homes in Dorsey cost 25% below the national median of $410,000. This makes Dorsey a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dorsey?
20% Down Payment
$61,146
on $305,728
Monthly P&I
$1,594/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,024/mo
incl. taxes & insurance
Income Needed
$80,960
gross annual (30% rule)
10% Down Option
$30,573
+ PMI applies
Loan Amount (20% dn)
$244,582
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 Dorsey, IL?
The median home value in Dorsey is $305,728 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6% year-over-year.
How much have home prices changed in Dorsey?
Over the past year, home values in Dorsey have increased by 6%. Over five years, prices have risen approximately 28.9%.
How much do I need to earn to buy a home in Dorsey?
To comfortably afford the median home price of $305,728 with a 20% down payment ($61,146) at today's rates (6.8%), you'd need a gross annual income of approximately $80,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Dorsey compare to the national average home price?
The national median home value is approximately $410,000. At $305,728, homes in Dorsey are 25% below the national average.
What metro area is Dorsey part of?
Dorsey is part of the St. Louis, MO-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.