Sun River Terrace, IL housing market
The median sale price was $125,000 in February 2026.
Home values, sales, trends and how Sun River Terrace compares with the towns next door — updated as new data is published.
Sun River Terrace at a glance
Only 1 sale in February 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 50% in 5 years
The federal house price index for the ZIP code around Sun River Terrace rose 50% over the past 5 years, about the same as across Illinois. Last year prices rose 4.9%.
Show as a table
| Year | Change that year | Since 2000 | Illinois since 2000 |
|---|---|---|---|
| 2025 | +4.9% | +89% | +96% |
| 2024 | +5.6% | +80% | +85% |
| 2023 | +14% | +70% | +73% |
| 2022 | +9.9% | +50% | +61% |
| 2021 | +8.1% | +36% | +44% |
| 2020 | +1.4% | +26% | +33% |
| 2019 | +4.5% | +24% | +32% |
| 2018 | +2.1% | +19% | +28% |
| 2017 | +0.3% | +17% | +25% |
| 2016 | +0.9% | +16% | +22% |
| 2015 | +5.9% | +15% | +19% |
| 2014 | −5.7% | +8.8% | +15% |
| 2013 | +6.8% | +15% | +11% |
| 2012 | −8.9% | +8% | +11% |
| 2011 | −0.5% | +19% | +14% |
| 2010 | −6.6% | +19% | +21% |
| 2009 | −1.9% | +28% | +29% |
| 2008 | −2.2% | +30% | +40% |
| 2007 | +4.5% | +33% | +45% |
| 2006 | +5.5% | +27% | +43% |
| 2005 | +4.7% | +20% | +35% |
| 2004 | +11% | +15% | +24% |
| 2003 | −1.6% | +3.3% | +15% |
| 2002 | +5.4% | +5% | +11% |
| 2001 | −0.4% | −0.4% | +5.6% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 60964, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
No new homes permitted in 2025
No permits for new homes were issued in Sun River Terrace in 2025. The last year with any was 2010 (1 new home).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Sun River Terrace's population fell by 73 even though 1 new home was permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year.
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) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 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 | 1 | 1 | 0 | $100,000 |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 1 | 1 | 0 | $108,000 |
| 2007 | 1 | 1 | 0 | $110,000 |
| 2006 | 30 | 30 | 0 | $4.2 million |
| 2005 | 3 | 3 | 0 | $475,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 2 | 2 | 0 | $175,000 |
| 2002 | 1 | 1 | 0 | $75,000 |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 1 | 1 | 0 | $83,000 |
Sun River Terrace's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,130
HUD's Fair Market Rent for a two-bedroom in Sun River Terrace is $1,130 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Sun River Terrace pay a median of $1,083.
Studio $780 · 4 bedrooms $1,500
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (60964; Kankakee, 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.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, February 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.