Dekalb, IL—60115
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Dekalb, IL
Home Price Trends — Dekalb, IL
As of Oct '25, the median home price in Dekalb, IL is $247,000, with a year-over-year change of 6.4%. This indicates that home prices in Dekalb, IL are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $247,000 | 6.4% |
| Single Family | $250,000 | 5.9% |
| Condos | $208,000 | 6.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $202,000 | 6.3% |
3 Bed | $243,000 | 5.2% |
4 Bed | $307,000 | 4.8% |
| 5 Bed | $338,000 | 4.3% |
% of Housing Stock
Rental Trends — Dekalb, IL
As of July '25, Rentcast reports the average rent in Dekalb, IL is $1,300, with a year-over-year rent change of 6.6%. Per bedroom, the median rent as of July '25 in Dekalb, IL is studios: $725, 1-bedrooms: $935, 2-bedrooms: $1,230, 3-bedrooms: $1,460, 4-bedrooms: $1,700. The most common rental property sizes in Dekalb, IL are 2-bedroom and 1-bedroom, accounting for 35.8% and 29.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,300 |
| Studio Rent | $650 | $725 |
| 1 Bed Rent | $875 | $935 |
| 2 Bed Rent | $1,100 | $1,230 |
| 3 Bed Rent | $1,260 | $1,460 |
| 4 Bed Rent | $1,400 | $1,700 |
% of Rental Stock
Property Listings — Dekalb, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Dekalb, IL is 29. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $280,000 | 10.0% |
Listing Count | 68 | 1.0% |
| Listings as % of Homes | 0.2% | 1.0% |
Days on Market | 29 | 2.0% |
Demographics — Dekalb, IL
As of the latest ACS Survey released in 2023, Dekalb, IL has a population of 42,500, which has decreased by -6.3% over the past 5 years. Dekalb, IL is a moderately popular place for families, as children make up 19.8% of the population. The area has a moderately educated workforce, with 35.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 42,500 | -6.3% |
% Under 18 | 19.8% | 9.4% |
% Seniors | 10.9% | 22.5% |
% WFH | 4.8% | 33.3% |
% w/ College Degree | 35.8% | -5.0% |
As of the latest ACS Survey released in 2023, Dekalb, IL is a predominantly white area, with 57.5% of the population identifying as white. The white population has shrunk by 12.1% in the last 5 years. The second most common race or ethnicity in Dekalb, IL is hispanic, making up 17.6% of the population. Foreign-born residents account for 9.2% of the population in Dekalb, IL, and this percentage has decreased by 8.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 57.5% | -12.1% |
% Black | 15.1% | 0.0% |
% Hispanic | 17.6% | 35.4% |
% Asian | 3.9% | -11.4% |
% Foreign Born | 9.2% | -8.9% |
Mortgage and Risk — Dekalb, IL
According to HUD data as of 2023, there were 509 mortgage originations in Dekalb, IL, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Dekalb, IL. Investor activity is low, as 5.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 509 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Dekalb, IL
As of 2024, the percent of homes in Dekalb, IL under the Section 8 program is 12.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Dekalb, IL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,382 |
Total Units Section 8 | 1,203 |
% Rentals under Section 8 | 12.4% |
% Occupied Section 8 | 97.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $125 | $875 | $1,000 |
| 2 Bedroom | $210 | $1,100 | $1,310 |
| 3 Bedroom | $520 | $1,260 | $1,780 |
| 4 Bedroom | $800 | $1,400 | $2,200 |
Affordability — Dekalb, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $247,000 |
| Median Household Income | $46,800 |