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Featured local agent — Thornton, IL
Sarah Mitchell
Compass Real Estate · Thornton, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Thornton, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$165,000median sale price
How is the Thornton, IL housing market right now?
The median home sale price in Thornton, IL is $165,000, down 19.5% year-over-year. Homes sell in an average of 71 days with 12 active listings. The market is currently a buyer'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 Thornton a buyer's or seller's market?
Thornton, IL is currently a buyer's market, based on 12.0 months of supply and homes selling in about 71 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
71
Average pace
Active listings
12
12.0 months supply
Sale-to-list
91.7%
Below asking
What does the Thornton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $165,000 |
| Median list price | $189,900 |
| Year-over-year price change | -19.5% |
| Average days on market | 71 days |
| Active inventory | 12 listings |
| Months of supply | 12.0 months |
| Sale-to-list price ratio | 91.7% |
| Median price per sq ft | $156/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Listings with a price cut | 25.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Thornton by property type?
How the Thornton, 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 | $165,000 | $156/sq ft | 1 | 71 days |
Source: Redfin · Updated monthly
The Thornton housing market is currently classified as a buyer's market with a median sale price of $165,000. Prices have fallen 19.5% compared to last year, with homes spending an average of 71 days on market, indicating 12.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.0x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Thornton
There are currently 12 homes listed for sale in Thornton, Illinois. The median listing price is $190K.
Active listings
12
Homes on market
Median list price
$190K
Avg. days on market
71
Days until sale
New this week
3
Newly listed
Who lives in Thornton?
Population
1,876
Median income
$61,111/yr
Median age
44 years
Owner-occupied
81.3%
College grads
24.9%
Avg commute
26.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Thornton?
Zillow home value
$185,916
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Thornton?
Thornton is a community of approximately 2K residents with a median age of 44 years.The median household income is $61,111, which represents a working-class community with solid middle-income opportunities. 24.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 81.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Thornton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Thornton?
1 schools tracked · 252 students
The largest public schools serving Thornton, 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.
Wolcott School
Grades PK-8 · 252 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 Thornton, IL?
Want a head-to-head view? Compare Thornton side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Thornton?
The median home sale price in Thornton is $165,000, down 19.5% from last year.
How long do homes stay on market in Thornton?
Homes typically spend 71 days on market before going under contract.
What is the median income in Thornton?
The median household income is $61,111 per year.
Is Thornton a buyer's or seller's market?
With 12.0 months of supply, Thornton is currently a buyer's market.
What is the Zillow home value estimate for Thornton?
The Zillow Home Value Index (ZHVI) for Thornton is $185,916, representing the typical home value in the area.
How much does a single-family home cost in Thornton?
The median single-family home price in Thornton, IL is $165,000 (about $156 per square foot).
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