Housing Prices in 62280, IL

How much do homes in 62280, IL cost?

Median List Price

$575,000

$170/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$220,000(-27.7%)

Key Takeaway

The list price of homes in 62280 has decreased by 27.7% since September.

Summary: The median home list price in 62280 was $575,000 in October 2024, down 27.7% from the previous month, and the median price per square foot was $170.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$499K
N/A
4 --
N/A
5+ $795K$685K
-13.8%

Summary: 62280 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 did not change, and 5+ bedroom homes decreased by 13.8%.

Median List Price Compared To Nearby Zip Codes

62907
+6.7%
62916
0.0%
62280
-27.7%

Housing Supply in 62280, IL

How many homes are available in 62280, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
13+200.0%

Summary: The 62280 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 00
0.0%
3 01
+100.0%
4 00
0.0%
5+ 12
+100.0%

Summary: The 62280 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 62280, IL

How long does it take to sell a home in 62280, IL?

Average Listing Age

Sep 2024Oct 2024CHANGE
63 Days46 Days-27.0%

Summary: Homes in 62280 had an average listing age of 46 days in Oct 2024, down by 27% 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

Newest Listings in 62280, IL

Nearby Markets to 62280, IL