Housing Prices in 61501, IL

How much do homes in 61501, IL cost?

Median List Price

$97,450

$40/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$32,950(+51.1%)

Key Takeaway

The list price of homes in 61501 has increased by 51.1% since last year.

Summary: The median home list price in 61501 was $97,450 in December 2024, up 51.1% from the previous year, and the median price per square foot was $40.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $60K$17.9K
-70.2%
2 $54.9K$42K
-23.5%
3 $76.9K$179.9K
+133.8%
4 $117.4K$85K
-27.6%
5+ -$139.9K
N/A

Summary: 61501 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.2%, 2 bedroom homes decreased by 23.5%, 3 bedroom homes increased by 133.8%, 4 bedroom homes decreased by 27.6%, and 5+ bedroom homes did not change.

Housing Supply in 61501, IL

How many homes are available in 61501, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
880.0%

Summary: The 61501 real estate market had 8 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 11
0.0%
4 22
0.0%
5+ 33
0.0%

Summary: The 61501 housing inventory by bedroom type for December 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 61501, IL

How long does it take to sell a home in 61501, IL?

Average Listing Age

Dec 2023Dec 2024CHANGE
148 Days96 Days-35.0%

Summary: Homes in 61501 had an average listing age of 96 days in Dec 2024, down by 35% compared to the previous year.

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

Report Updated 6 Days Ago

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Newest Listings in 61501, IL

Nearby Markets to 61501, IL

MLS Disclaimers and Copyright

Based on information from RMLS Alliance for the period 01/01/2023 - 01/01/2025

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 10:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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