Housing Prices in 62240, IL

How much do homes in 62240, IL cost?

Median List Price

$141,350

$97/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$25,600(+22.1%)

Key Takeaway

The list price of homes in 62240 has increased by 22.1% since last year.

Summary: The median home list price in 62240 was $141,350 in October 2024, up 22.1% from the previous year, and the median price per square foot was $97.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $145K$124.9K
-13.8%
3 $81.4K$137.7K
+69.1%
4 $185K$325K
+75.7%
5+ --
N/A

Summary: 62240 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 13.8%, 3 bedroom homes increased by 69.1%, 4 bedroom homes increased by 75.7%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

62240
+22.1%
63111
+16.7%
62206
+6.9%
63125
+2.9%
62239
0.0%

Housing Supply in 62240, IL

How many homes are available in 62240, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
34+33.3%

Summary: The 62240 real estate market had 4 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 62240 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 62240, IL

How long does it take to sell a home in 62240, IL?

Average Listing Age

Oct 2023Oct 2024CHANGE
117 Days29 Days-75.3%

Summary: Homes in 62240 had an average listing age of 29 days in Oct 2024, down by 75.3% compared to the previous year.

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

Report Updated 17 Days Ago

Newest Listings in 62240, IL

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