Housing Prices in 61242, IL

How much do homes in 61242, IL cost?

Median List Price

$222,450

$124/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$54,550(-19.7%)

Key Takeaway

The list price of homes in 61242 has decreased by 19.7% since last year.

Summary: The median home list price in 61242 was $222,450 in November 2024, down 19.7% from the previous year, and the median price per square foot was $124.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $570K$129.9K
-77.2%
3 $287.5K$315K
+9.6%
4 $265K$220K
-17.0%
5+ -$52.2K
N/A

Summary: 61242 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 77.2%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 17%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

52768
+18.2%
61230
+15.5%
61275
+10.8%
52730
+5.8%
61242
-19.7%

Housing Supply in 61242, IL

How many homes are available in 61242, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
440.0%

Summary: The 61242 real estate market had 4 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 00
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 61242 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 61242, IL

How long does it take to sell a home in 61242, IL?

Average Listing Age

Nov 2023Nov 2024CHANGE
137 Days94 Days-31.4%

Summary: Homes in 61242 had an average listing age of 94 days in Nov 2024, down by 31.4% compared to the previous year.

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

Report Updated 21 Days Ago

Newest Listings in 61242, IL

Nearby Markets to 61242, IL