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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Sleepy Hollow, IL Housing Affordability Index

Sleepy Hollow, Illinois has an MBR Housing Affordability Index score of 117.4 (More Affordable Than Average) as of October 30, 2026, ranking 966th most affordable of 1,249 scored Illinois cities, compared with 102.2 statewide and 97.4 nationally. On a median-priced $382,800 home with 20% down, the Illinois average 30-year fixed rate of 7.31% means a monthly principal and interest payment of about $2,102, or 17% of the city’s $149,813 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Sleepy Hollow is updated every night from live Illinois mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Sleepy Hollow MBR-HAI 117.4 More Affordable Than Average
Rank in Illinois 966 of 1,249 1 = most affordable
Illinois 102.2 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.31% Illinois lenders
Median home value $382,800 U.S. Census Bureau

Sleepy Hollow is 15.2 points above the Illinois score. Scores as of October 30, 2026. See the Illinois index

View Sleepy Hollow Mortgage Rates

What It Takes to Buy in Sleepy Hollow

$2,102/mo
Principal & Interest
Median home, 20% down, 7.31%
$90,100
Income Needed
To keep the payment at 28% of income
$149,813
Median Household Income
Illinois: $83,390
2.6x
Price-to-Income Ratio
Illinois: 3.2x
$2,015/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$8,584/yr
Median Property Tax
2.24% of median value
20.3%
Owner Cost Burden
Owners spending 30%+ of income on housing
52.4%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Sleepy Hollow, Illinois. The rate is the Illinois average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Sleepy Hollow Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Sleepy Hollow, Illinois score: 117.4 (More Affordable Than Average), ranked 966 of 1,249 Illinois cities. monitorbankrates.com/housing-affordability-index/illinois/sleepy-hollow”