Market Overview
Home Prices in Kirkwood, IL
The median home value in Kirkwood, IL is $105,591 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.8% compared to a year ago and up 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Kirkwood are priced74% below average. Kirkwood is part of the Burlington, IA-IL metro area.
Over the past five years, Kirkwood home values have risen by approximately10.6%, reflecting steady appreciation in this market.
Price History
Kirkwood Home Price Trend
City Comparison
Kirkwood vs. National Median
At $105,591, homes in Kirkwood cost 74% below the national median of $410,000. This makes Kirkwood a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Kirkwood?
20% Down Payment
$21,118
on $105,591
Monthly P&I
$551/mo
30-yr @ 6.8%
Total Monthly Est.
~$700/mo
incl. taxes & insurance
Income Needed
$28,000
gross annual (30% rule)
10% Down Option
$10,559
+ PMI applies
Loan Amount (20% dn)
$84,473
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 Kirkwood, IL?
The median home value in Kirkwood is $105,591 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.8% year-over-year.
How much have home prices changed in Kirkwood?
Over the past year, home values in Kirkwood have decreased by 4.8%. Over five years, prices have risen approximately 10.6%.
How much do I need to earn to buy a home in Kirkwood?
To comfortably afford the median home price of $105,591 with a 20% down payment ($21,118) at today's rates (6.8%), you'd need a gross annual income of approximately $28,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Kirkwood compare to the national average home price?
The national median home value is approximately $410,000. At $105,591, homes in Kirkwood are 74% below the national average.
What metro area is Kirkwood part of?
Kirkwood is part of the Burlington, IA-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.