Housing Prices in 61847, IL

How much do homes in 61847, IL cost?

Median List Price

$178,500

$118/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

-$3,500(-1.9%)

Key Takeaway

The list price of homes in 61847 has decreased by 1.9% since last year.

Summary: The median home list price in 61847 was $178,500 in December 2024, down 1.9% from the previous year, and the median price per square foot was $118.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$52K
N/A
2 $182.4K$170K
-6.8%
3 $182K$199K
+9.3%
4 $194.9K$165K
-15.4%
5+ $272.5K$145K
-46.8%

Summary: 61847 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 46.8%.

Median List Price Compared To Nearby Zip Codes

60957
+10.7%
61866
+1.7%
61847
-1.9%

Housing Supply in 61847, IL

How many homes are available in 61847, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
330.0%

Summary: The 61847 real estate market had 3 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 00
0.0%
3 21
-50.0%
4 00
0.0%
5+ 12
+100.0%

Summary: The 61847 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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for 61847, IL

How long does it take to sell a home in 61847, IL?

Average Listing Age

Dec 2023Dec 2024CHANGE
180 Days43 Days-76.0%

Summary: Homes in 61847 had an average listing age of 43 days in Dec 2024, down by 76% compared to the previous year.

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

Report Updated 2 Days Ago

Newest Listings in 61847, IL

Nearby Markets to 61847, IL