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Home values, rents and more in Gilman, IL

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$153,000
Illinois: $296,000 · U.S.: $366,000
Home values, past year
−0.8%
Illinois: +5.3% · U.S.: +1.2%
Population
1,612
ACS 2020–24
Median household income
$70,750
Illinois: $83,390 · U.S.: $80,734
ZIP codes around Gilman, IL, shaded by typical home valueGilman60938
  • Under $150k
  • $150k+
  • No data
ZIP codes around Gilman, IL, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Gilman is outlined.

How Gilman compares

The typical home in Gilman, IL is worth about $153,000, according to the Zillow Home Value Index for September 2026. Home values in Gilman are 48% below the typical value in Illinois ($296,000) and 58% below the U.S. typical value ($366,000).

Over the past year, home values in Gilman fell 0.8%, compared with +5.3% in Illinois and +1.2% nationally.

The median household income is $70,750, against $83,390 in Illinois and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 1,612 people live in Gilman (American Community Survey 2020–24).

Gilman has the 308th-lowest typical home value of the 1,005 cities in Illinois with Zillow figures.

Part of: Iroquois County, IL · Illinois

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Gilman, IL

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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