$300,000
50.00 Acres
Land
JUSTIN BRUEHL, Listing Office: LIVING THE DREAM INC.
Housing Prices in 62987, IL
How much do homes in 62987, IL cost?
Median List Price
$225,000
$151/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$51,550(+29.7%)
Key Takeaway
The list price of homes in 62987 has increased by 29.7% since last year.
Summary: The median home list price in 62987 was $225,000 in October 2024, up 29.7% from the previous year, and the median price per square foot was $151.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $72.5K | N/A |
| 3 Bedrooms | $298K | $287K | -3.7% |
| 4 Bedrooms | $60K | $999.9K | +1566.7% |
| 5+ Bedrooms | $162.4K | $44.9K | -72.4% |
Summary: 62987 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 did not change, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 1566.7%, and 5+ bedroom homes decreased by 72.4%.
Median List Price Compared To Nearby Zip Codes
| 62972 | $165K | $322K | +95.2% |
| 62987 | $173.4K | $225K | +29.7% |
| 62917 | $70.7K | $68.2K | -3.5% |
| 62922 | $277.5K | $262.4K | -5.4% |
| 62967 | $332.4K | $294.2K | -11.5% |
Housing Supply in 62987, IL
How many homes are available in 62987, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The 62987 real estate market had 3 homes for sale in October 2024, a 25.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62987 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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 62987, IL
How long does it take to sell a home in 62987, IL?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 260 Days | 77 Days | -70.3% |
Summary: Homes in 62987 had an average listing age of 77 days in Oct 2024, down by 70.3% compared to the previous year.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.