Market Overview
Home Prices in Hopkins Park, IL
The median home value in Hopkins Park, IL is $113,211 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 14.2% compared to a year ago and down 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hopkins Park are priced72% below average. Hopkins Park is part of the Kankakee, IL metro area.
Price History
Hopkins Park Home Price Trend
2022
$111,324
$111K
—
2023
$111,448
$111K
+0.1%
2024
$99,736
$100K
-10.5%
2025
$99,100
$99K
-0.6%
2026
$113,211
$113K
+14.2%
City Comparison
Hopkins Park vs. National Median
🏠 Hopkins Park
$113,211
National Median
$410,000
At $113,211, homes in Hopkins Park cost 72% below the national median of $410,000. This makes Hopkins Park a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hopkins Park?
20% Down Payment
$22,642
on $113,211
Monthly P&I
$590/mo
30-yr @ 6.8%
Total Monthly Est.
~$749/mo
incl. taxes & insurance
Income Needed
$29,960
gross annual (30% rule)
10% Down Option
$11,321
+ PMI applies
Loan Amount (20% dn)
$90,569
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 Hopkins Park, IL?
The median home value in Hopkins Park is $113,211 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 14.2% year-over-year.
How much have home prices changed in Hopkins Park?
Over the past year, home values in Hopkins Park have increased by 14.2%.
How much do I need to earn to buy a home in Hopkins Park?
To comfortably afford the median home price of $113,211 with a 20% down payment ($22,642) at today's rates (6.8%), you'd need a gross annual income of approximately $29,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Hopkins Park compare to the national average home price?
The national median home value is approximately $410,000. At $113,211, homes in Hopkins Park are 72% below the national average.
What metro area is Hopkins Park part of?
Hopkins Park is part of the Kankakee, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.