Zion, IL—60099
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Zion, IL
As of Oct '25, the median home price in Zion, IL is $249,000, with a year-over-year change of 5.0%. This indicates that home prices in Zion, IL are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $249,000 | 5.0% |
| Single Family | $251,000 | 5.5% |
| Condos | $190,000 | 7.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $187,000 | 5.1% |
3 Bed | $246,000 | 5.6% |
4 Bed | $286,000 | 5.1% |
| 5 Bed | $292,000 | 4.3% |
% of Housing Stock
Rental Trends — Zion, IL
As of July '25, Rentcast reports the average rent in Zion, IL is $1,410, with a year-over-year rent change of -11.9%. Per bedroom, the median rent as of July '25 in Zion, IL is studios: $830, 1-bedrooms: $1,030, 2-bedrooms: $1,390, 3-bedrooms: $1,980, 4-bedrooms: $2,200. The most common rental property sizes in Zion, IL are 2-bedroom and 1-bedroom, accounting for 29.3% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,410 |
| Studio Rent | $830 | $830 |
| 1 Bed Rent | $1,000 | $1,030 |
| 2 Bed Rent | $1,350 | $1,390 |
| 3 Bed Rent | $1,700 | $1,980 |
| 4 Bed Rent | $2,200 | $2,200 |
% of Rental Stock
Property Listings — Zion, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Zion, IL is 33. This is a decrease of -6.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $270,000 | 2.0% |
Listing Count | 93 | 12.0% |
| Listings as % of Homes | 0.6% | 12.0% |
Days on Market | 33 | -6.0% |
Demographics — Zion, IL
As of the latest ACS Survey released in 2023, Zion, IL has a population of 30,500, which has decreased by -1.5% over the past 5 years. Zion, IL is a popular place for families, as children make up 26.7% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,500 | -1.5% |
% Under 18 | 26.7% | -7.9% |
% Seniors | 13.9% | 17.8% |
% WFH | 7.9% | 315.8% |
% w/ College Degree | 16.4% | -9.4% |
As of the latest ACS Survey released in 2023, Zion, IL is a predominantly hispanic area, with 40.3% of the population identifying as hispanic. The hispanic population has grown by 40.9% in the last 5 years. The second most common race or ethnicity in Zion, IL is white, making up 29.1% of the population. Foreign-born residents account for 17.1% of the population in Zion, IL, and this percentage has increased by 42.5% 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 | 29.1% | -26.5% |
% Black | 25.7% | 4.5% |
% Hispanic | 40.3% | 40.9% |
% Asian | 2.2% | -31.2% |
% Foreign Born | 17.1% | 42.5% |
Mortgage and Risk — Zion, IL
According to HUD data as of 2023, there were 546 mortgage originations in Zion, IL, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Zion, IL. Investor activity is low, as 3.0% 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 | 546 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Zion, IL
As of 2024, the percent of homes in Zion, IL under the Section 8 program is 32.3%. 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 Zion, 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 | 1,362 |
Total Units Section 8 | 1,296 |
% Rentals under Section 8 | 32.3% |
% Occupied Section 8 | 89.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $360 | $1,000 | $1,360 |
| 2 Bedroom | $190 | $1,350 | $1,540 |
| 3 Bedroom | $280 | $1,700 | $1,980 |
| 4 Bedroom | $120 | $2,200 | $2,320 |
Affordability — Zion, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $249,000 |
| Median Household Income | $65,600 |