Housing Prices in 61864, IL

How much do homes in 61864, IL cost?

Median List Price

$175,000

$135/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$33,000(-15.9%)

Key Takeaway

The list price of homes in 61864 has decreased by 15.9% since last year.

Summary: The median home list price in 61864 was $175,000 in October 2024, down 15.9% from the previous year, and the median price per square foot was $135.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$149.9K
N/A
2 $169.9K$149.9K
-11.8%
3 $227.4K$175K
-23.1%
4 $139.9K$199.9K
+42.9%
5+ $335K$409.9K
+22.4%

Summary: 61864 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 22.4%.

Median List Price Compared To Nearby Zip Codes

61880
+16.3%
61802
+6.9%
61877
-10.7%
61864
-15.9%

Housing Supply in 61864, IL

How many homes are available in 61864, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
13+200.0%

Summary: The 61864 real estate market had 3 homes for sale in October 2024, a 200.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 01
+100.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The 61864 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for 61864, IL

How long does it take to sell a home in 61864, IL?

Average Listing Age

Oct 2023Oct 2024CHANGE
72 Days41 Days-43.1%

Summary: Homes in 61864 had an average listing age of 41 days in Oct 2024, down by 43.1% compared to the previous year.

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

Report Updated 21 Days Ago

Newest Listings in 61864, IL

Nearby Markets to 61864, IL