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Buying a home in Hurst, Illinois

The typical owner-occupied home in Hurst is worth about $68,600, 74% below the Illinois median of $263,300 and 79% below the national median of $332,700. Owners pay a median $1,136 a year in property taxes, about 1.66% of their home's value, lower than the Illinois rate of 2.01%. The median household earns $36,635 a year, so the median home costs 1.9 times the median income (3.2 times for Illinois). 53% of occupied homes here are lived in by their owners, and 36% of those owners still have a mortgage.

Hurst at a glance

Hurst Illinois U.S.
Median home value $68,600 $263,300 $332,700
Median property tax paid per year $1,136 $5,298 $3,119
Property tax as a share of value 1.66% 2.01% 0.94%
Median household income $36,635 $83,390 $80,734
Homes lived in by their owners 53% 67% 65%
Owner homes with a mortgage 36% 61% 61%
Median monthly costs, owners with a mortgage $1,010 $1,987 $1,963
Those costs as a share of the owners' income 25.0% 20.6% 21.0%
Median rent $382 $1,274 $1,413
Rent as a share of renters' income 24.7% 29.1% 30.6%
Median year homes were built 1968 1971 1980
Vacant homes 9.4% 7.7% 10.1%
Population 700 12,694,798 334,922,499

What a typical home costs per month in Hurst

At this week's average 30-year rate of 7.11%, buying the median Hurst home of $68,600 with 20% down costs about $493 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $607, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $21,114 for the 20%-down payment. That payment is 16% of the median Hurst household income of $36,635; at that income and 20% down, the 28% guideline points to a home of about $119,000.

The median rent here is $382 a month, so owning the median home costs about $111 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$13,720
Loan amount$54,880
Principal and interest$369
Property taxes (1.66% a year)$95
Homeowners insurance (our estimate, 0.5% a year)$29
PMI$0
Total per month$493

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3.5% down, 30-year FHA loan
Down payment$2,401
Loan amount$67,357
Principal and interest$453
Property taxes (1.66% a year)$95
Homeowners insurance (our estimate, 0.5% a year)$29
FHA mortgage insurance$30
Total per month$607

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Questions about home buying in Hurst

What is the median home value in Hurst?

About $68,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Hurst?

Homeowners pay a median $1,136 a year, which is about 1.66% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Hurst?

For the median home with 20% down at 7.11%, the payment is about $493 a month. Keeping that under 28% of gross income takes about $21,114 a year.

More about Hurst

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data