Market Overview
Home Prices in Dow, IL
The median home value in Dow, IL is $258,750 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.3% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dow are priced37% below average. Dow is part of the St. Louis, MO-IL metro area.
Over the past five years, Dow home values have risen by approximately18.4%, reflecting steady appreciation in this market.
Price History
Dow Home Price Trend
2020
$191,339
$191K
—
2021
$218,464
$218K
+14.2%
2022
$231,771
$232K
+6.1%
2023
$234,228
$234K
+1.1%
2024
$249,482
$249K
+6.5%
2025
$257,888
$258K
+3.4%
2026
$258,750
$259K
+0.3%
City Comparison
Dow vs. National Median
🏠 Dow
$258,750
National Median
$410,000
At $258,750, homes in Dow cost 37% below the national median of $410,000. This makes Dow a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dow?
20% Down Payment
$51,750
on $258,750
Monthly P&I
$1,349/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,713/mo
incl. taxes & insurance
Income Needed
$68,520
gross annual (30% rule)
10% Down Option
$25,875
+ PMI applies
Loan Amount (20% dn)
$207,000
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 Dow, IL?
The median home value in Dow is $258,750 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.3% year-over-year.
How much have home prices changed in Dow?
Over the past year, home values in Dow have increased by 0.3%. Over five years, prices have risen approximately 18.4%.
How much do I need to earn to buy a home in Dow?
To comfortably afford the median home price of $258,750 with a 20% down payment ($51,750) at today's rates (6.8%), you'd need a gross annual income of approximately $68,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Dow compare to the national average home price?
The national median home value is approximately $410,000. At $258,750, homes in Dow are 37% below the national average.
What metro area is Dow part of?
Dow is part of the St. Louis, MO-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.