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Featured local agent — Dorchester, IL
Sarah Mitchell
Compass Real Estate · Dorchester, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Dorchester, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$49,000median sale price
How is the Dorchester, IL housing market right now?
The median home sale price in Dorchester, IL is $49,000. Homes sell in an average of 68 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Dorchester a buyer's or seller's market?
Dorchester, IL is currently a leaning buyer's and homes selling in about 68 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
68
Average pace
Active listings
—
Sale-to-list
100.0%
Above asking
What does the Dorchester housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $49,000 |
| Average days on market | 68 days |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $27/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Dorchester by property type?
How the Dorchester, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $49,000 | $27/sq ft | 1 | 68 days |
Source: Redfin · Updated monthly
The Dorchester housing market is currently classified as a leaning buyer's with a median sale price of $49,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 68 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Dorchester
Explore homes currently listed for sale in Dorchester, Illinois across major real estate platforms.
Who lives in Dorchester?
Population
185
Median income
$121,250/yr
Median age
42.8 years
Owner-occupied
100.0%
College grads
12.5%
Avg commute
34.2 min
Source: U.S. Census Bureau ACS
What is it like to live in Dorchester?
Dorchester is a community of approximately 0K residents with a median age of 42.8 years.The median household income is $121,250, which reflects a relatively affluent area with strong earning potential. 12.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Dorchester offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Dorchester, IL?
Want a head-to-head view? Compare Dorchester side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Dorchester?
The median home sale price in Dorchester is $49,000, down 0.0% from last year.
How long do homes stay on market in Dorchester?
Homes typically spend 68 days on market before going under contract.
What is the median income in Dorchester?
The median household income is $121,250 per year.
How much does a single-family home cost in Dorchester?
The median single-family home price in Dorchester, IL is $49,000 (about $27 per square foot).
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