Housing Prices in 61516, IL

How much do homes in 61516, IL cost?

Median List Price

$185,000

$82/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$42,000(-18.5%)

Key Takeaway

The list price of homes in 61516 has decreased by 18.5% since September.

Summary: The median home list price in 61516 was $185,000 in October 2024, down 18.5% from the previous month, and the median price per square foot was $82.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $227K$185K
-18.5%
5+ --
N/A

Summary: 61516 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes did not change.

Housing Supply in 61516, IL

How many homes are available in 61516, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
23+50.0%

Summary: The 61516 real estate market had 3 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The 61516 housing inventory by bedroom type for October 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 increased by 50%, and 5+ bedroom homes remained the same.

Days on Market for 61516, IL

How long does it take to sell a home in 61516, IL?

Average Listing Age

Sep 2024Oct 2024CHANGE
40 Days39 Days-2.9%

Summary: Homes in 61516 had an average listing age of 39 days in Oct 2024, down by 2.9% compared to the previous month.

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

Report Updated 14 Days Ago

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Newest Listings in 61516, IL

Nearby Markets to 61516, IL

MLS Disclaimers and Copyright

Based on information from RMLS Alliance for the period 09/01/2024 - 11/01/2024

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 © 2024 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: 11/14/2024, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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