Downs, IL housing market
The median sale price was $443,000 in April 2026.
Home values, sales, trends and how Downs compares with the towns next door — updated as new data is published.
Downs at a glance
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 46% in 5 years
The federal house price index for the ZIP codes around Downs rose 46% over the past 5 years, about the same as across Illinois. Last year prices rose 1.4%. Carrying the Census median home value forward with that index puts the typical Downs home at roughly $361,000 today.
Show as a table
| Year | Change that year | Since 2001 | Illinois since 2001 |
|---|---|---|---|
| 2025 | +1.4% | +70% | +85% |
| 2024 | +6.5% | +67% | +75% |
| 2023 | +3% | +57% | +64% |
| 2022 | +22% | +53% | +52% |
| 2021 | +7.7% | +25% | +36% |
| 2020 | +0.2% | +16% | +26% |
| 2019 | +2.4% | +16% | +25% |
| 2018 | −2% | +13% | +22% |
| 2017 | +1.1% | +15% | +19% |
| 2016 | +1.3% | +14% | +16% |
| 2015 | +3.3% | +13% | +13% |
| 2014 | −0.5% | +8.9% | +9.3% |
| 2013 | +1.2% | +9.5% | +5.4% |
| 2012 | −1.1% | +8.2% | +5.2% |
| 2011 | −2.5% | +9.5% | +8.2% |
| 2010 | −0.7% | +12% | +14% |
| 2009 | −2.6% | +13% | +22% |
| 2008 | +1.8% | +16% | +33% |
| 2007 | +0.1% | +14% | +37% |
| 2006 | +4.4% | +14% | +35% |
| 2005 | +4.2% | +9.1% | +28% |
| 2004 | +1.8% | +4.6% | +17% |
| 2003 | +1.7% | +2.8% | +8.7% |
| 2002 | +1.1% | +1.1% | +5% |
| 2001 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 61736, 61705, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
4 new homes permitted in 2025
Builders were permitted 4 new homes in Downs in 2025, all single-family houses, worth about $1.5 million to build. That's 2.4 per 1,000 residents, faster than across Illinois (1.6). Over the past 10 years, Downs has permitted 4 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Downs gained 196 residents with no new homes permitted, so the growth came from existing homes.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $367,000 |
| 2025 | 4 | 4 | 0 | $1.5 million |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 1 | 1 | 0 | $60,000 |
| 2005 | 1 | 1 | 0 | $60,000 |
| 2004 | 1 | 1 | 0 | $60,000 |
| 2003 | 1 | 1 | 0 | $60,000 |
| 2002 | 1 | 1 | 0 | $60,000 |
| 2001 | 1 | 1 | 0 | $60,000 |
| 2000 | 1 | 1 | 0 | $60,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Downs and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Downs | — | +1.4%† | $1,480 | 4 | $110,625 |
| Downs | $332K | +1.9% | $1,250 | — | $92,083 |
| Old Town | — | +2.2%† | $1,510 | — | $148,516 |
† FHFA price index change, where Zillow has no home value for the town.
2.2 years of income
The typical Downs home costs about 2.2 years of the town's median household income, less than across Illinois (3.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,480
HUD's Fair Market Rent for a two-bedroom in Downs is $1,480 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Downs pay a median of $1,258, so moving in tends to cost more than staying put. A two-bedroom takes about 16% of the town's median household income.
Studio $1,050 · 4 bedrooms $1,950
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61705, 61736; Bloomington, IL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Downs
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.