Housing Prices in 62401, IL

How much do homes in 62401, IL cost?

Median List Price

$300,000

$145/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$132,000(+78.6%)

Key Takeaway

The list price of homes in 62401 has increased by 78.6% since last year.

Summary: The median home list price in 62401 was $300,000 in October 2024, up 78.6% from the previous year, and the median price per square foot was $145.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $139K$199.7K
+43.7%
3 $168K$252.4K
+50.3%
4 -$140K
N/A
5+ $1.8M$1.3M
-28.1%

Summary: 62401 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 increased by 43.7%, 3 bedroom homes increased by 50.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 28.1%.

Housing Supply in 62401, IL

How many homes are available in 62401, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
440.0%

Summary: The 62401 real estate market had 4 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The 62401 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 62401, IL

How long does it take to sell a home in 62401, IL?

Average Listing Age

Oct 2023Oct 2024CHANGE
172 Days84 Days-51.0%

Summary: Homes in 62401 had an average listing age of 84 days in Oct 2024, down by 51% compared to the previous year.

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

Report Updated 23 Days Ago

Newest Listings in 62401, IL

Nearby Markets to 62401, IL