Market Overview
Home Prices in Irving, IL
The median home value in Irving, IL is $141,409 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and down 7.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Irving are priced66% below average.
Over the past five years, Irving home values have risen by approximately0.4%, reflecting modest growth in this market.
Price History
Irving Home Price Trend
2020
$153,005
$153K
—
2021
$140,859
$141K
-7.9%
2022
$142,726
$143K
+1.3%
2023
$157,214
$157K
+10.2%
2024
$148,940
$149K
-5.3%
2025
$137,966
$138K
-7.4%
2026
$141,409
$141K
+2.5%
City Comparison
Irving vs. National Median
🏠 Irving
$141,409
National Median
$410,000
At $141,409, homes in Irving cost 66% below the national median of $410,000. This makes Irving a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Irving?
20% Down Payment
$28,282
on $141,409
Monthly P&I
$738/mo
30-yr @ 6.8%
Total Monthly Est.
~$937/mo
incl. taxes & insurance
Income Needed
$37,480
gross annual (30% rule)
10% Down Option
$14,141
+ PMI applies
Loan Amount (20% dn)
$113,127
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 Irving, IL?
The median home value in Irving is $141,409 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Irving?
Over the past year, home values in Irving have increased by 2.5%. Over five years, prices have risen approximately 0.4%.
How much do I need to earn to buy a home in Irving?
To comfortably afford the median home price of $141,409 with a 20% down payment ($28,282) at today's rates (6.8%), you'd need a gross annual income of approximately $37,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Irving compare to the national average home price?
The national median home value is approximately $410,000. At $141,409, homes in Irving are 66% below the national average.