Housing Prices in 62888, IL

How much do homes in 62888, IL cost?

Median List Price

$74,900

$80/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$119,100(-61.4%)

Key Takeaway

The list price of homes in 62888 has decreased by 61.4% since last year.

Summary: The median home list price in 62888 was $74,900 in October 2024, down 61.4% from the previous year, and the median price per square foot was $80.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $29K$29K
0.0%
2 $145.9K$64.8K
-55.6%
3 $250K$199.9K
-20.0%
4 $232.9K$232K
-0.4%
5+ --
N/A

Summary: 62888 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 55.6%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

62832
+17.1%
62884
-3.1%
62888
-61.4%

Housing Supply in 62888, IL

How many homes are available in 62888, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
220.0%

Summary: The 62888 real estate market had 2 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 11
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 62888 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 62888, IL

How long does it take to sell a home in 62888, IL?

Average Listing Age

Oct 2023Oct 2024CHANGE
142 Days89 Days-37.4%

Summary: Homes in 62888 had an average listing age of 89 days in Oct 2024, down by 37.4% compared to the previous year.

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

Report Updated 21 Days Ago

Newest Listings in 62888, IL

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