Housing Prices in 62271, IL

How much do homes in 62271, IL cost?

Median List Price

$119,000

$67/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$20,400(-14.6%)

Key Takeaway

The list price of homes in 62271 has decreased by 14.6% since last year.

Summary: The median home list price in 62271 was $119,000 in November 2024, down 14.6% from the previous year, and the median price per square foot was $67.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $128.5K-
N/A
2 $89.2K$102K
+14.3%
3 $149.9K$80K
-46.6%
4 $210K$255K
+21.4%
5+ $124.9K$124.9K
0.0%

Summary: 62271 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 46.6%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

62245
+11.7%
62215
0.5%
62271
-14.6%

Housing Supply in 62271, IL

How many homes are available in 62271, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
35+66.7%

Summary: The 62271 real estate market had 5 homes for sale in November 2024, a 66.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 25
+150.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The 62271 housing inventory by bedroom type for November 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 150%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Days on Market for 62271, IL

How long does it take to sell a home in 62271, IL?

Average Listing Age

Nov 2023Nov 2024CHANGE
85 Days100 Days+17.0%

Summary: Homes in 62271 had an average listing age of 100 days in Nov 2024, up by 17% 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 62271, IL

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