Housing Prices in 62418, IL

How much do homes in 62418, IL cost?

Median List Price

$144,900

$71/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$15,000(+11.5%)

Key Takeaway

The list price of homes in 62418 has increased by 11.5% since last year.

Summary: The median home list price in 62418 was $144,900 in October 2024, up 11.5% from the previous year, and the median price per square foot was $71.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $89.5K$56.2K
-37.2%
3 $146.3K$160.9K
+10.0%
4 -$198K
N/A
5+ $154.7K$154.7K
0.0%

Summary: 62418 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 37.2%, 3 bedroom homes increased by 10%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

62080
+26.9%
62471
+20.0%
62418
+11.5%

Housing Supply in 62418, IL

How many homes are available in 62418, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
32-33.3%

Summary: The 62418 real estate market had 2 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The 62418 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 decreased by 100%, and 5+ bedroom homes remained the same.

Days on Market for 62418, IL

How long does it take to sell a home in 62418, IL?

Average Listing Age

Oct 2023Oct 2024CHANGE
73 Days91 Days+24.1%

Summary: Homes in 62418 had an average listing age of 91 days in Oct 2024, up by 24.1% compared to the previous year.

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

Report Updated 4 Days Ago

Newest Listings in 62418, IL

Nearby Markets to 62418, IL