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Featured local agent — Dunlap, IL
Sarah Mitchell
Compass Real Estate · Dunlap, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Dunlap, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$172,500median sale price
How is the Dunlap, IL housing market right now?
The median home sale price in Dunlap, IL is $172,500, down 49.4% year-over-year. Homes sell in an average of 41 days with 5 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Dunlap a buyer's or seller's market?
Dunlap, IL is currently a seller's market, based on 2.5 months of supply and homes selling in about 41 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
41
Average pace
Active listings
5
2.5 months supply
Sale-to-list
97.0%
Below asking
What does the Dunlap housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $172,500 |
| Median list price | $449,500 |
| Year-over-year price change | -49.4% |
| Average days on market | 41 days |
| Active inventory | 5 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $115/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Listings with a price cut | 20.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Dunlap by property type?
How the Dunlap, 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 | $172,500 | $115/sq ft | 2 | 41 days |
| Townhouse | $296,000 | $125/sq ft | 1 | 13 days |
Source: Redfin · Updated monthly
The Dunlap housing market is currently classified as a seller's market with a median sale price of $172,500. Prices have fallen 49.4% compared to last year, with homes spending an average of 41 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.8x provides context for how home values compare to local earning capacity.
Homes for sale in Dunlap
There are currently 5 homes listed for sale in Dunlap, Illinois. The median listing price is $450K.
Active listings
5
Homes on market
Median list price
$450K
Avg. days on market
41
Days until sale
New this week
1
Newly listed
Who lives in Dunlap?
Population
1,448
Median income
$137,240/yr
Median age
44.4 years
Owner-occupied
85.3%
College grads
60.3%
Avg commute
19.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Dunlap?
Zillow home value
$386,215
Price-to-income
2.8x
Source: Zillow Research
What is it like to live in Dunlap?
Dunlap is a community of approximately 1K residents with a median age of 44.4 years.The median household income is $137,240, which reflects a relatively affluent area with strong earning potential. 60.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 85.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Dunlap offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Dunlap?
6 schools tracked · 3,994 students
The largest public schools serving Dunlap, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Dunlap High School
Grades 9-12 · 1,390 students
Hickory Grove Elementary School
Grades PK-5 · 856 students
Dunlap Valley Middle School
Grades 6-8 · 584 students
Dunlap Middle School
Grades 6-8 · 526 students
Banner Elementary School
Grades K-5 · 374 students
Dunlap Grade School
Grades PK-5 · 264 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Dunlap, IL?
Want a head-to-head view? Compare Dunlap side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Dunlap?
The median home sale price in Dunlap is $172,500, down 49.4% from last year.
How long do homes stay on market in Dunlap?
Homes typically spend 41 days on market before going under contract.
What is the median income in Dunlap?
The median household income is $137,240 per year.
Is Dunlap a buyer's or seller's market?
With 2.5 months of supply, Dunlap is currently a seller's market.
What is the Zillow home value estimate for Dunlap?
The Zillow Home Value Index (ZHVI) for Dunlap is $386,215, representing the typical home value in the area.
How much does a single-family home cost in Dunlap?
The median single-family home price in Dunlap, IL is $172,500 (about $115 per square foot).
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