Market Overview
Home Prices in Dwight, IL
The median home value in Dwight, IL is $209,999 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.6% compared to a year ago and up 5.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dwight are priced49% below average. Dwight is part of the Pontiac, IL metro area.
Over the past five years, Dwight home values have risen by approximately44.5%, reflecting strong long-term appreciation in this market.
Price History
Dwight Home Price Trend
City Comparison
Dwight vs. National Median
At $209,999, homes in Dwight cost 49% below the national median of $410,000. This makes Dwight a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dwight?
20% Down Payment
$42,000
on $209,999
Monthly P&I
$1,095/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,391/mo
incl. taxes & insurance
Income Needed
$55,640
gross annual (30% rule)
10% Down Option
$21,000
+ PMI applies
Loan Amount (20% dn)
$167,999
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 Dwight, IL?
The median home value in Dwight is $209,999 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.6% year-over-year.
How much have home prices changed in Dwight?
Over the past year, home values in Dwight have increased by 10.6%. Over five years, prices have risen approximately 44.5%.
How much do I need to earn to buy a home in Dwight?
To comfortably afford the median home price of $209,999 with a 20% down payment ($42,000) at today's rates (6.8%), you'd need a gross annual income of approximately $55,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Dwight compare to the national average home price?
The national median home value is approximately $410,000. At $209,999, homes in Dwight are 49% below the national average.
What metro area is Dwight part of?
Dwight is part of the Pontiac, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.