Zion, Illinois Housing Market Prices
Zion Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 11% above the Illinois median$166,479
-
Median rent 8% below the Illinois median$1,175
Housing Market Overview
| Metric | Zion | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $166,479 | $149,936 | $248,835 |
| Price Trend (Annual %) | 4.7% | 2.5% | 7.5% |
| Median Gross Rent | $1,175 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 2.0% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Zion is about 11% higher than in Illinois. Rent is about 8% lower than the Illinois average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Zion, up about 4.7% and 2.0% a year respectively. Home prices are changing faster.
Median rent in Zion rose about 16.0% between 2015 and 2024, from $1,013 to $1,175. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Zion.
Buying the median-priced home in Zion costs roughly 11.8 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Zion. The price-to-rent ratio in Illinois is about 9.8.
| Metric | Zion | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $166,479 | $149,936 | $248,835 |
| Median Household Income | $65,942 | $84,042 | $80,455 |
| Price-to-Income Ratio | 2.5 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Zion rose about 31.4%, while median household income rose about 22.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Zion | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.8% | 61.9% | 58.5% |
| Rental Rate | 33.4% | 30.4% | 31.2% |
| Vacancy Rate | 5.9% | 7.7% | 10.2% |
| Median Tenure (years) | 13.0 | 16.0 | 15.0 |
| Median Year Moved In | 2013 | 2010 | 2011 |
Zion has a homeownership rate of 60.8%, lower than the Illinois average of 61.9%. Its housing vacancy rate is 5.9%, compared with 7.7% in Illinois.
Housing Stock
| Metric | Zion | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.72 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1968 | 1969 | 1978 |
| Median Number of Rooms | 5.6 | 5.6 | 5.5 |
The typical housing unit in Zion was built around 1968. On average, 2.7 people live in a home with about 5.6 rooms, staying for about 13.0 years on average.
Zion, IL Housing Compared With Nearby Cities
How Zion, IL compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Zion, IL | 21,101 | $166,479 #3/3 | $1,175 #3/3 | 64.6% #2/3 |
| Pleasant Prairie, WI | 24,424 | $316,540 | $1,400 | 71.4% |
| Waukegan, IL | 86,567 | $255,219 | $1,203 | 52.5% |
Frequently Asked Questions
Common questions about the housing market in Zion, Illinois.
What is the median home price in Zion, Illinois?
The median home price in Zion, Illinois is $166,479, higher than the Illinois average of $149,936.
What is the average home price in Zion, Illinois?
The typical home price in Zion, Illinois, reported as the median sale price, is $166,479. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Zion, Illinois?
The median gross rent in Zion, Illinois is $1,175 per month, lower than the Illinois average of $1,274.
What was the median gross rent in Zion in 2020?
In 2020, the median gross rent in Zion, Illinois was $1,079 per month.
What is the price-to-rent ratio in Zion, Illinois?
The price-to-rent ratio in Zion, Illinois is about 11.8, meaning it would take roughly 11.8 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Zion.
Are home prices or rent rising faster in Zion, Illinois?
Both home prices and rent are rising in Zion, up about 4.7% and 2.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Zion, Illinois?
60.8% of households in Zion, Illinois own their home, lower than the Illinois average of 61.9%.
What is the vacancy rate in Zion, Illinois?
The housing vacancy rate in Zion, Illinois is 5.9%, lower than the Illinois average of 7.7%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →