Dixon, IL Housing Market
AI-powered market intelligence for the Dixon, IL metro area.
PropertyIQ Scores
Dixon, IL Market Analysis
Market Overview
Dixon, IL registers a PropertyIQ Score of 93/100, positioning it as a strong overall market. The score is driven in part by 12-month home value momentum of 14.23% and a median days-on-market figure of 35 days, both pointing to steady buyer interest and efficient sales. At the same time, price levels are considerably lower than state benchmarks: the median home value is $188,812, compared with the state average of $299,900. The rent index is $1,112, below the state average of $1,227, and median household income is $68,459, below the state average of $81,702. The unemployment rate is 5.1%, matching the state average.
Despite the high score, the year-over-year change in median home value is reported at -$7. This creates a more nuanced picture: the market has shown strong 12-month momentum and quick turnover, but current median price growth is essentially flat to slightly negative. The score’s strength appears to reflect momentum and market speed as much as current price appreciation. The 3-month home value momentum is 0.06%, suggesting recent price movement has slowed considerably from the prior 12-month pace.
Compared with statewide figures, Dixon’s lower home values and rents make it an affordability-focused market. The median home value is roughly 37% below the state median, while household income is about 16% below the state median, so housing costs are lower relative to the income gap. That may attract buyers priced out of higher-cost Illinois markets. Population growth data is not available, so demographic expansion cannot be evaluated directly.
Key Trends
One trend is fast market movement with limited discounting. Dixon’s median days on market is 35 days, and the share of listings with a price cut is 16.8%. These figures suggest well-priced homes are moving quickly and sellers are not relying heavily on reductions. With only 72 homes for sale, inventory is relatively small, which can support quicker sales and give sellers some leverage.
A second trend is cooling near-term price momentum. The 12-month home value momentum of 14.23% is a top score driver, but the 3-month momentum is just 0.06%, and the year-over-year median home value change is -$7. This indicates that the strong annual momentum earlier in the period has not carried into sustained recent price gains. Buyers may still face competition, but rapid upward price movement appears to be flattening.
A third trend is affordability relative to the state. The median home value of $188,812 is well
AI-generated analysis based on current market data. Last updated August 20, 2026.
Get Dixon, IL market updates
Choose your role for tailored insights.
Dixon, IL market data
Dixon, IL Housing Market Overview
Dixon, IL's median home value is $189K, up 14.2% over the past year. Homes here sell in a median 35 days. Its PropertyIQ Score of 93 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.
Whether you're considering buying a home, investing in rental property, or weighing entry timing in the Dixon, IL area, the PropertyIQ Score gives you a single, data-first read on relative market strength. It is validated against actual market outcomes from 2001 to 2023, with a positive score-to-return relationship in every validated year across IL and every other US state.
Midwestern housing markets are characterized by affordability and economic diversification. From manufacturing hubs undergoing tech-sector transitions to university towns with stable demand, the region offers value-oriented opportunities with lower entry costs than coastal markets. Within the Midwest, Dixon, IL's PropertyIQ Score of 93 ranks among the Midwest's stronger demand signals.
The PropertyIQ Score for the Dixon, IL market is built from four inputs: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all metro markets nationally and calibrated so 50 equals the state average — a score above 50 means this market is positioned to outperform its state, and a score below 50 means it is set to lag. Momentum here has been positive, with home values up 14.2% over the past year.
View Dixon, IL's complete market profile including historical price trends, score history, and AI-generated analysis. Compare this market against any other US metro to find the best opportunities for your investment strategy.
Counties in the Dixon, IL metro area
Top markets in IL
Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Dixon, IL a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Dixon, IL currently scores 93, a very strong-momentum reading that leaves it positioned to outperform its state over the next three years. For buyers, strengthening demand usually means rising competition and firmer prices, so waiting can cost you negotiating room. Backing that up, the median home value here is $189K, up 14.2% over the past year. So whether Dixon, IL is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Dixon, IL?
Dixon, IL's PropertyIQ Score is 93, indicating very strong momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 93 places Dixon, IL above its state benchmark.
Are home prices in Dixon, IL rising or falling?
Home prices in Dixon, IL are rising. Over the past year, the median home value increased 14.2%, reaching $189K. Over the latest three months, values moved up 0.1%, a sign near-term demand remains firm. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Dixon, IL's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Dixon, IL?
In Dixon, IL, homes sell in a median of 35 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 17% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Dixon, IL market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.