Dallas City, IL62330

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$95,000
7.4% YoY Growth
Household Income
$57,100
13.4% YoY Growth
Days on Market
105
26.0% Longer YoY
Home Price Forecast
0.0%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Dallas City, IL

As of Nov '25, Realtor.com reports that the median days on market for a home in Dallas City, IL is 105. This is a increase of 26.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$106,00019.0%
Listing Count
100.0%
Listings as % of Homes0.2%0.0%
Days on Market
10526.0%
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Demographics — Dallas City, IL

As of the latest ACS Survey released in 2023, Dallas City, IL has a population of 1,550, which has decreased by -11.3% over the past 5 years. Dallas City, IL is a moderately popular place for families, as children make up 17.2% of the population. The area has a poorly educated workforce, with 17.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,550-11.3%
% Under 18
17.2%-2.3%
% Seniors
25.4%10.4%
% WFH
3.0%-42.3%
% w/ College Degree
17.1%-19.3%
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As of the latest ACS Survey released in 2023, Dallas City, IL is a predominantly white area, with 93.0% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Dallas City, IL is hispanic, making up 5.7% of the population. Foreign-born residents account for 1.6% of the population in Dallas City, IL, and this percentage has decreased by 30.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.0%-2.8%
% Black
0.0%-100.0%
% Hispanic
5.7%∞%
% Asian
0.1%-83.3%
% Foreign Born
1.6%-30.4%
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Mortgage and Risk — Dallas City, IL

According to HUD data as of 2023, there were 12 mortgage originations in Dallas City, IL, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Dallas City, IL. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
12
% Conventional Loans
92.0%
% Government Loans
8.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
8.0%
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Rentals and Section 8 — Dallas City, IL

Dallas City, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
30
Total Units Section 8
0
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$770
2 BedroomN/AN/A$920
3 BedroomN/AN/A$1,180
4 BedroomN/AN/A$1,230

Affordability — Dallas City, IL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.4
Median Home Price$95,000
Median Household Income$57,100

Dallas City, IL — ZIP Code Boundary Map

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Frequently Asked Questions