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Featured local agent — Thornton, IL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Thornton, IL

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

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

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Thornton, IL Housing Market & Real Estate

Buyer's market-19.5% YoY

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?

Buyer's market12.0 months of supply71 avg. days on 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?

Current housing market statistics for Thornton, IL
MetricValue
Median sale price$165,000
Median list price$189,900
Year-over-year price change-19.5%
Average days on market71 days
Active inventory12 listings
Months of supply12.0 months
Sale-to-list price ratio91.7%
Median price per sq ft$156/sq ft
Homes sold (latest month)1
New listings (latest month)3
Listings with a price cut25.0%
Market conditionBuyer'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.

Median price, price per square foot, homes sold and days on market by property type in Thornton, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$165,000$156/sq ft171 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

Price drops:25.0%of listings
Sale-to-list:91.7%

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

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 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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