Dolton, IL—60419
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dolton, IL
As of Oct '25, the median home price in Dolton, IL is $150,000, with a year-over-year change of -4.0%. This indicates that home prices in Dolton, IL are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $150,000 | -4.0% |
| Single Family | $152,000 | -3.8% |
| Condos | $75,000 | -25.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $100,000 | -7.4% |
3 Bed | $152,000 | -3.8% |
4 Bed | $184,000 | -4.2% |
| 5 Bed | $199,000 | -2.5% |
% of Housing Stock
Rental Trends — Dolton, IL
As of July '25, Rentcast reports the average rent in Dolton, IL is $2,140, with a year-over-year rent change of 12.6%. Per bedroom, the median rent as of July '25 in Dolton, IL is 1-bedrooms: $1,350, 2-bedrooms: $1,510, 3-bedrooms: $2,300, 4-bedrooms: $2,530. The most common rental property sizes in Dolton, IL are 3-bedroom and 2-bedroom, accounting for 38.7% and 22.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,180 | $2,140 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,350 | $1,350 |
| 2 Bed Rent | $1,500 | $1,510 |
| 3 Bed Rent | $2,200 | $2,300 |
| 4 Bed Rent | $2,450 | $2,530 |
% of Rental Stock
Property Listings — Dolton, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Dolton, IL is 62. This is a increase of 19.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $173,000 | 5.0% |
Listing Count | 146 | 34.0% |
| Listings as % of Homes | 1.7% | 34.0% |
Days on Market | 62 | 19.0% |
Demographics — Dolton, IL
As of the latest ACS Survey released in 2023, Dolton, IL has a population of 21,000, which has decreased by -7.4% over the past 5 years. Dolton, IL is a moderately popular place for families, as children make up 24.3% of the population. The area has a poorly educated workforce, with 22.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,000 | -7.4% |
% Under 18 | 24.3% | 2.1% |
% Seniors | 17.9% | 39.8% |
% WFH | 11.1% | 311.1% |
% w/ College Degree | 22.7% | 20.7% |
As of the latest ACS Survey released in 2023, Dolton, IL is a predominantly black area, with 90.9% of the population identifying as black. The black population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Dolton, IL is white, making up 4.4% of the population. Foreign-born residents account for 3.4% of the population in Dolton, IL, and this percentage has increased by 9.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 4.4% | -2.2% |
% Black | 90.9% | -0.7% |
% Hispanic | 1.2% | -45.5% |
% Asian | 0.2% | -60.0% |
% Foreign Born | 3.4% | 9.7% |
Mortgage and Risk — Dolton, IL
According to HUD data as of 2023, there were 336 mortgage originations in Dolton, IL, of which 39.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 58.0% above 90% LTV (very high). This implies large mortgage risk in Dolton, IL. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 336 |
% Conventional Loans | 39.0% |
% Government Loans | 61.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Dolton, IL
As of 2024, the percent of homes in Dolton, IL under the Section 8 program is 39.8%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Dolton, 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 | 1,021 |
Total Units Section 8 | 923 |
% Rentals under Section 8 | 39.8% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $360 | $1,350 | $1,710 |
| 2 Bedroom | $430 | $1,500 | $1,930 |
| 3 Bedroom | $280 | $2,200 | $2,480 |
| 4 Bedroom | $460 | $2,450 | $2,910 |
Affordability — Dolton, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $150,000 |
| Median Household Income | $58,700 |