Market Overview
Home Prices in Dunlap, IL
The median home value in Dunlap, IL is $386,215 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.9% compared to a year ago and up 6.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dunlap are priced6% below average. Dunlap is part of the Peoria, IL metro area.
Over the past five years, Dunlap home values have risen by approximately39.3%, reflecting strong long-term appreciation in this market.
Price History
Dunlap Home Price Trend
2020
$246,534
$247K
—
2021
$277,216
$277K
+12.4%
2022
$314,914
$315K
+13.6%
2023
$316,735
$317K
+0.6%
2024
$340,574
$341K
+7.5%
2025
$361,376
$361K
+6.1%
2026
$386,215
$386K
+6.9%
City Comparison
Dunlap vs. National Median
🏠 Dunlap
$386,215
National Median
$410,000
At $386,215, homes in Dunlap cost 6% below the national median of $410,000. This makes Dunlap a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dunlap?
20% Down Payment
$77,243
on $386,215
Monthly P&I
$2,014/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,558/mo
incl. taxes & insurance
Income Needed
$102,320
gross annual (30% rule)
10% Down Option
$38,622
+ PMI applies
Loan Amount (20% dn)
$308,972
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 Dunlap, IL?
The median home value in Dunlap is $386,215 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.9% year-over-year.
How much have home prices changed in Dunlap?
Over the past year, home values in Dunlap have increased by 6.9%. Over five years, prices have risen approximately 39.3%.
How much do I need to earn to buy a home in Dunlap?
To comfortably afford the median home price of $386,215 with a 20% down payment ($77,243) at today's rates (6.8%), you'd need a gross annual income of approximately $102,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Dunlap compare to the national average home price?
The national median home value is approximately $410,000. At $386,215, homes in Dunlap are 6% below the national average.
What metro area is Dunlap part of?
Dunlap is part of the Peoria, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.