Dunlap, IL 61525 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Dunlap, IL—61525

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$363,000

6.3% YoY Growth

Household Income

$153,000

25.7% YoY Growth

Days on Market

33.0% Shorter YoY

Home Price Forecast

2.3%

Median Rent

$2,500

38.5% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,100

33.3% YoY Growth

3-Bed Rent

$2,050

28.1% YoY Growth

Home Price Trends — Dunlap, IL

As of Dec '25, the median home price in Dunlap, IL is $363,000, with a year-over-year change of 6.3%. This indicates that home prices in Dunlap, IL are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$363,000	6.3%
Single Family	$368,000	6.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Dunlap, IL

As of July '25, Rentcast reports the average rent in Dunlap, IL is $2,700, with a year-over-year rent change of 38.5%. Per bedroom, the median rent as of July '25 in Dunlap, IL is 2-bedrooms: $1,100, 3-bedrooms: $2,050. The most common rental property sizes in Dunlap, IL are 3-bedroom and 2-bedroom, accounting for 33.8% and 29.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,500	$2,700
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,100	$1,100
3 Bed Rent	$2,050	$2,050
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

0.4%

1 Bedroom

28.1%

2 Bedrooms

29.0%

3 Bedrooms

33.8%

4 Bedrooms

5.7%

5+ Bedrooms

3.1%

Property Listings — Dunlap, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Dunlap, IL is 38. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$485,000	9.0%
Listing Count	26	31.0%
Listings as % of Homes	1.0%	31.0%
Days on Market	47	-33.0%

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Demographics — Dunlap, IL

As of the latest ACS Survey released in 2023, Dunlap, IL has a population of 12,100, which has increased by 31.3% over the past 5 years. Dunlap, IL is a popular place for families, as children make up 34.7% of the population. The area has a highly educated workforce, with 69.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	12,100	31.3%
% Under 18	34.7%	5.5%
% Seniors	12.1%	30.1%
% WFH	18.5%	386.8%
% w/ College Degree	69.4%	2.5%

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As of the latest ACS Survey released in 2023, Dunlap, IL is a predominantly white area, with 65.0% of the population identifying as white. The white population has shrunk by 13.2% in the last 5 years. The second most common race or ethnicity in Dunlap, IL is asian, making up 20.3% of the population. Foreign-born residents account for 17.4% of the population in Dunlap, IL, and this percentage has decreased by 2.8% 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	65.0%	-13.2%
% Black	5.6%	211.1%
% Hispanic	4.5%	36.4%
% Asian	20.3%	20.1%
% Foreign Born	17.4%	-2.8%

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Mortgage and Risk — Dunlap, IL

According to HUD data as of 2023, there were 282 mortgage originations in Dunlap, IL, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Dunlap, IL. Investor activity is low, as 1.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	282
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	3.0%

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Rentals and Section 8 — Dunlap, IL

Dunlap, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	0.2%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,100
2 Bedroom	$300	$1,100	$1,400
3 Bedroom	-$240	$2,050	$1,810
4 Bedroom	N/A	N/A	$1,900

Dunlap, IL—61525

Key Metrics at a Glance

Home Price Trends — Dunlap, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Dunlap, IL

% of Rental Stock

Property Listings — Dunlap, IL

Demographics — Dunlap, IL

Race and Ethnicity

Mortgage and Risk — Dunlap, IL

Mortgages

Rentals and Section 8 — Dunlap, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Dunlap, IL

Home Price to Income Ratio

Dunlap, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Peoria, IL

Edwards, IL

Edelstein, IL

Peoria, IL

Mossville

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2
Median Home Price	$363,000
Median Household Income	$153,000

Dunlap, IL—61525

Key Metrics at a Glance

Home Price Trends — Dunlap, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Dunlap, IL

% of Rental Stock

Property Listings — Dunlap, IL

Demographics — Dunlap, IL

Race and Ethnicity

Mortgage and Risk — Dunlap, IL

Mortgages

Rentals and Section 8 — Dunlap, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Dunlap, IL

Home Price to Income Ratio

Dunlap, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Peoria, IL

Edwards, IL

Edelstein, IL

Peoria, IL

Mossville

Frequently Asked Questions

What is the average home price in Dunlap, IL 61525?

How have home prices in Dunlap, IL 61525 changed over the past year?

What is the home price projection for Dunlap, IL 61525?

What are the demographics of Dunlap, IL 61525?

How long does it take homes to sell in Dunlap, IL 61525?

What is the average rent price in Dunlap, IL 61525?