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Sarah Mitchell

CNESRESABR

Compass Real Estate · Dunlap, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Dunlap, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Dunlap, IL Housing Market & Real Estate

Seller's market-49.4% YoY

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?

Seller's market2.5 months of supply41 avg. days on 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?

Current housing market statistics for Dunlap, IL
MetricValue
Median sale price$172,500
Median list price$449,500
Year-over-year price change-49.4%
Average days on market41 days
Active inventory5 listings
Months of supply2.5 months
Sale-to-list price ratio97.0%
Median price per sq ft$115/sq ft
Homes sold (latest month)2
New listings (latest month)1
Listings with a price cut20.0%
Market conditionSeller'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.

Median price, price per square foot, homes sold and days on market by property type in Dunlap, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$172,500$115/sq ft241 days
Townhouse$296,000$125/sq ft113 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

Price drops:20.0%of listings
Sale-to-list:97.0%

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

Public

Hickory Grove Elementary School

Grades PK-5 · 856 students

Public

Dunlap Valley Middle School

Grades 6-8 · 584 students

Public

Dunlap Middle School

Grades 6-8 · 526 students

Public

Banner Elementary School

Grades K-5 · 374 students

Public

Dunlap Grade School

Grades PK-5 · 264 students

Public

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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