$2,078 Closing Credit*
$175,000
3 Beds
•1 Full Bath
Listing Office: Josh Burgener Auction & Realty
Housing Prices in 62550, IL
How much do homes in 62550, IL cost?
Median List Price
$175,000
$109/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
+$50,000(+40.0%)
Key Takeaway
The list price of homes in 62550 has increased by 40% since last year.
Summary: The median home list price in 62550 was $175,000 in December 2024, up 40% from the previous year, and the median price per square foot was $109.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $85K | $129.4K | +52.3% |
| 3 Bedrooms | $122.5K | $175K | +42.9% |
| 4 Bedrooms | $177.2K | $190K | +7.2% |
| 5+ Bedrooms | - | $190K | N/A |
Summary: 62550 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.3%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 62510 | $76.9K | $137.4K | +78.6% |
| 62513 | $97.1K | $169.9K | +74.8% |
| 62550 | $125K | $175K | +40.0% |
| 62567 | $112.4K | $124.5K | +10.8% |
| 62544 | $176.8K | $165K | -6.7% |
Housing Supply in 62550, IL
How many homes are available in 62550, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The 62550 real estate market had 4 homes for sale in December 2024, a 20.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62550 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 62550, IL
How long does it take to sell a home in 62550, IL?
Average Listing Age
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 378 Days | 38 Days | -89.8% |
Summary: Homes in 62550 had an average listing age of 38 days in Dec 2024, down by 89.8% compared to the previous year.
