Market Overview
Home Prices in Zion, IL
The median home value in Zion, IL is $253,872 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.2% compared to a year ago and up 6.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Zion are priced38% below average. Zion is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Zion home values have risen by approximately49.1%, reflecting strong long-term appreciation in this market.
Price History
Zion Home Price Trend
City Comparison
Zion vs. National Median
At $253,872, homes in Zion cost 38% below the national median of $410,000. This makes Zion a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Zion?
20% Down Payment
$50,774
on $253,872
Monthly P&I
$1,324/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,681/mo
incl. taxes & insurance
Income Needed
$67,240
gross annual (30% rule)
10% Down Option
$25,387
+ PMI applies
Loan Amount (20% dn)
$203,098
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 Zion, IL?
The median home value in Zion is $253,872 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.2% year-over-year.
How much have home prices changed in Zion?
Over the past year, home values in Zion have increased by 7.2%. Over five years, prices have risen approximately 49.1%.
How much do I need to earn to buy a home in Zion?
To comfortably afford the median home price of $253,872 with a 20% down payment ($50,774) at today's rates (6.8%), you'd need a gross annual income of approximately $67,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Zion compare to the national average home price?
The national median home value is approximately $410,000. At $253,872, homes in Zion are 38% below the national average.
What metro area is Zion part of?
Zion is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.