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Housing in Kirkwood

A typical Kirkwood home is worth about $112,000

Down 5.2% in a year, 62% below the Illinois typical home.

Typical home value
$112K
▼ 5.2% in a year · IL $298K
Zillow
2-bedroom rent
$960
a month, utilities in · HUD
Median tax bill
$1,393
IL $5,298

What kind of housing town is Kirkwood?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 1.6 years of income

Less than across Illinois (3.6 years). Try your own numbers below.

You could afford about
$242,000
Typical Kirkwood home $112K

That covers a typical Kirkwood home, with $130K to spare.

The typical home, each month
$730
Loan $550Tax $150Insurance $30

A two-bedroom rents for about $960 a month here, $230 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Kirkwood’s typical property tax (1.56% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Up 6.7% in five years

Slower than Illinois (29.1%).

KirkwoodIllinois
$50K$100K$150K$200K$250K$300K20182020202220242026
Show as a table
JanuaryKirkwoodIllinois
2017$90,000$181,000
2018$98,000$190,000
2019$96,000$195,000
2020$100,000$200,000
2021$106,000$215,000
2022$109,000$236,000
2023$108,000$248,000
2024$115,000$263,000
2025$112,000$278,000
2026$118,000$290,000
August 2026$112,000$298,000
Then & now

A typical Kirkwood home worth $90K in September 2016 is worth about $112K today.

+$22K
−5.2%
past year
+6.7%
past 5 years
+23.9%
since 2016

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

The homes

75% of Kirkwood households own their home

Half of Kirkwood’s homes were built before 1946.

Owners and renters
Own 75%Rent 25%

Illinois: 67% own.

1946
typical home built · IL 1971
$1,393
median property tax bill · IL $5,298
1.56%
of a home’s value, a year in tax · IL 2.01%
1%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $960

Renters already here pay a median of $938.

Fair Market Rent a month, utilities included

Studio$660
1 bedroom$730
2 bedrooms$960
3 bedrooms$1,210
4 bedrooms$1,600
25%
of households rent · IL 33%
52
renter households
$938
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Henderson County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Kirkwood in 2025. The last year with any was 2023 (1 new home).

Single-family
01 200020052010201520202025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
2
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−36
New homes+2

Between the 2010 and 2020 censuses, Kirkwood's population fell by 36 even though 2 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023110$45,000
2022000—
2021000—
2020000—
2019110$266,000
2018000—
2017000—
2016000—
2015000—
2014000—
2013000—
2012110$173,000
2011000—
2010000—
2009000—
2008000—
2007000—
2006000—
2005000—
2004000—
2003000—
2002000—
2001000—
2000110$60,000

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

Neighbors talk housing

What Kirkwood buyers, sellers and renters are saying.

Town Square →
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Is Kirkwood still affordable for young families?

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Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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