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Foreclosure Homes in Zion, IL

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Zion, IL Foreclosures

Current Market Conditions in in Zion, IL As of April 2026?
Over the past month, Zion has seen a slight increase in home prices by around 3%. This rise is attributed to the heightened buyer activity during the summer months, as families look to settle before the school year starts. Inventory remains low, causing homes to spend less time on the market, further pushing prices upward. The competitive nature of the market has made many buyers act quickly on new listings, which has fueled rapid sales and bidding wars in certain price segments.
How much do homes sell for in Zion, IL?
The average home price is currently $272,915.
In Zion, IL, how many homes are available?
There are currently 570 active home listings available in Zion.
What’s the average rental cost in Zion, IL?
The average rental price in Zion is $1,338.
What is the most expensive home in Zion?
The most expensive home sold in Zion had a price of $28,454,040.
What is currently the cheapest priced home in Zion, IL?
The cheapest home for sale in Zion is priced at $10,559.

Living in Zion, IL

Zion, IL is a picturesque city located near Lake Michigan, offering residents a blend of serene natural beauty and community spirit. Known for its family-friendly atmosphere, Zion features access to stunning parks, recreational areas, and a welcoming environment. This area is perfect for those seeking an exceptional quality of life.

Buyer vs Seller Market in Zion, IL

Zion's real estate market is currently experiencing a steady growth, driven by increased demand for housing due to its appealing location near Lake Michigan. The market shows signs of recovery as both home prices and sales have risen, making it an attractive opportunity for buyers and investors. Property values have been supported by low inventory levels, which suggests a competitive market for home seekers.

Home Value Estimator For Zion, IL

There are currently 7,741 real estate properties in Zion, IL, with a median automated valuation model (AVM) price of $240,458.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Zion, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Zion, IL, is $272,915.00, with the most expensive house in Zion, IL, topping out at $28,454,040.00 and the cheapest home in Zion, IL, clocking in at $10,559.00. In other words, there’s something for every potential homebuyer or savvy investor in Zion, IL!

Rent Prices In Zion, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Zion, IL, is on a rollercoaster ride. The average rent price in Zion, IL, is $1,338.00. Indeed, when looking to rent in Zion, IL, you can expect to pay as little as $820.00 or as much as $3,080.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Zion, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Zion, IL Foreclosures

Market Trend for Zion, IL

Total Listings Available: 570

Market Values:

Home Prices from $10,559 to $28,454,040

Average Sales Price: $272,915

Rental Values:

Rental from $820 to $3,080

Average Rent Value: $1,338 / month

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