DeKalb County, Illinois Housing Market

In DeKalb County, Illinois, the median home value is $243,600, with a median monthly rent of $1,049. This places DeKalb County at #940 nationally out of 3134 counties by median home value, and #10 within Illinois.

Median Home Value $243,600
Median Rent $1,049/mo
Owner Occupancy 61.4%
Price/Rent Ratio 19.4

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in DeKalb County rose +6.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

27,522
jobs (private sector)
  • Avg weekly wage: $1,118
  • Establishments: 1,891
  • BLS QCEW, 2025
🏗️

Housing Supply

264
new units authorized (2025)
  • Single-family: 226
  • Multi-family: 38
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1706
net migration (filers, 2021-2022)
  • Inflow: 40,602 (avg $76,923)
  • Outflow: 38,896 (avg $78,577)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in DeKalb County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 60518 206.6 +9.00% 2025
2 60112 185.3 +10.47% 2025
3 60556 176.3 +12.88% 2025
4 60511 204.3 +5.98% 2025
5 60552 215.5 +9.12% 2025
6 60115 178.7 +8.80% 2025
7 60548 202.8 +4.97% 2025
8 60152 177.9 +4.57% 2025
9 60151 188.3 +2.85% 2025
10 60140 179.6 +7.17% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How DeKalb County Compares

MetricDeKalb CountyIllinois AverageU.S. Average
Median Home Value $243,600 $153,019 $227,706
Median Gross Rent $1,049 $867 $968
Owner Occupancy Rate 61.4% 75.8% 73.3%
Price/Rent Ratio 19.4 14.5 18.7

Market Analysis

The median home value in DeKalb County is 59.2% above the Illinois state average and 7.0% above the U.S. national average. The median rent of $1,049/month is 21.0% above the state average.

With a price-to-rent ratio of 19.4, the buy-vs-rent decision in DeKalb County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

DeKalb County has an owner-occupancy rate of 61.4%, compared to 75.8% in Illinois and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
McLennan County Texas $243,600 $1,173
Rio Arriba County New Mexico $243,700 $740
Jasper County Georgia $243,400 $970
Dearborn County Indiana $243,400 $845
Smith County Tennessee $243,800 $922

Other Counties in Illinois

CountyMedian Home ValueMedian RentOwner Occ.
Boone County $216,900 $1,041 81.8%
Grundy County $271,700 $1,177 74.4%
Champaign County $211,500 $1,051 54.0%
Jo Daviess County $209,900 $825 80.4%
McLean County $208,400 $1,009 65.1%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).