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Dekalb, IL—60115

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$261,000
5.4% YoY Growth
Household Income
$46,800
4.6% YoY Growth
Days on Market
27
28.0% Longer YoY
Home Price Forecast
0.9%
Median Rent
$1,100
6.6% YoY Growth
1-Bed Rent
$875
51.3% YoY Growth
2-Bed Rent
$1,100
1.6% YoY Growth
3-Bed Rent
$1,260
6.6% YoY Growth

Other Zip Codes in Dekalb, IL

60112
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Dekalb, IL

As of May '26, the median home price in Dekalb, IL is $261,000, with a year-over-year change of 5.4%. 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 TypeMedian Home ValueYoY % Change
All Homes
$261,0005.4%
Single Family $265,0005.2%
Condos $215,0006.4%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$211,0006.0%
    3 Bed
    		$256,0004.9%
    4 Bed
    		$323,0005.2%
    5 Bed $352,2504.5%
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    % of Housing Stock

    Studio
    5.5%
    1 Bedroom
    17.8%
    2 Bedrooms
    27.6%
    3 Bedrooms
    35.1%
    4 Bedrooms
    11.2%
    5+ Bedrooms
    2.8%

    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.

    TypeMedian RentAverage 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
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    % of Rental Stock

    Studio
    9.7%
    1 Bedroom
    29.3%
    2 Bedrooms
    35.8%
    3 Bedrooms
    20.8%
    4 Bedrooms
    3.6%
    5+ Bedrooms
    0.8%

    Property Listings — Dekalb, IL

    As of May '26, Realtor.com reports that the median days on market for a home in Dekalb, IL is 27. This is a increase of 28.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$315,0008.0%
    Listing Count
    		6512.0%
    Listings as % of Homes0.2%12.0%
    Days on Market
    		2728.0%
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    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.

    MetricLatest CensusYoY % 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%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio4.4
    Median Home Price$261,000
    Median Household Income$46,800

    Dekalb, IL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Dekalb, IL

    60112

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    60111

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    60556

    Frequently Asked Questions