Housing Prices in 62870, IL

How much do homes in 62870, IL cost?

Median List Price

$99,900

$68/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$35,100(-26.0%)

Key Takeaway

The list price of homes in 62870 has decreased by 26% since last year.

Summary: The median home list price in 62870 was $99,900 in November 2024, down 26% from the previous year, and the median price per square foot was $68.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $68K$78.9K
+16.1%
3 $132K$99.9K
-24.3%
4 $145K$126.9K
-12.4%
5+ $370K-
N/A

Summary: 62870 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 16.1%, 3 bedroom homes decreased by 24.3%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

62882
+27.0%
62881
+11.0%
62801
+2.0%
62875
-12.6%
62870
-26.0%

Housing Supply in 62870, IL

How many homes are available in 62870, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
75-28.6%

Summary: The 62870 real estate market had 5 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 33
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The 62870 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Days on Market for 62870, IL

How long does it take to sell a home in 62870, IL?

Average Listing Age

Nov 2023Nov 2024CHANGE
170 Days62 Days-63.1%

Summary: Homes in 62870 had an average listing age of 62 days in Nov 2024, down by 63.1% 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 62870, IL

Nearby Markets to 62870, IL