Housing Prices in Herscher, IL

How much do homes in Herscher, IL cost?

Median List Price

$199,500

$142/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$17,600(+9.7%)

Key Takeaway

The list price of homes in Herscher has increased by 9.7% since last year.

Summary: The median home list price in Herscher was $199,500 in May 2024, up 9.7% from the previous year, and the median price per square foot was $142.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $139.9K$149.9K
+7.2%
3 $179.9K$197.4K
+9.7%
4 $290K$249.6K
-13.9%
5+ $198K$198K
0.0%

Summary: Herscher housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Herscher
+9.7%
Pilot Township
+2.5%

Housing Supply in Herscher, IL

How many homes are available in Herscher, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
36+100.0%

Summary: The Herscher real estate market had 6 homes for sale in May 2024, a 100.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 02
+100.0%
4 12
+100.0%
5+ 11
0.0%

Summary: The Herscher housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Herscher, IL

How long does it take to sell a home in Herscher, IL?

Average Listing Age

May 2023May 2024CHANGE
169 Days87 Days-48.1%

Summary: Homes in Herscher had an average listing age of 87 days in May 2024, down by 48.1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Herscher, IL

Nearby Markets to Herscher, IL