Housing Prices in Hennepin, IL

How much do homes in Hennepin, IL cost?

Median List Price

$247,449

$113/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$36,449(+17.3%)

Key Takeaway

The list price of homes in Hennepin has increased by 17.3% since last year.

Summary: The median home list price in Hennepin was $247,449 in October 2024, up 17.3% from the previous year, and the median price per square foot was $113.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $184.7K-
N/A
3 $240K$194.2K
-19.1%
4 $281.7K$259.9K
-7.8%
5+ $179.9K$519K
+188.5%

Summary: Hennepin 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 19.1%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 188.5%.

Median List Price Compared To Nearby Cities

Hennepin Township
+18.6%
Hennepin
+17.3%

Housing Supply in Hennepin, IL

How many homes are available in Hennepin, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
23+50.0%

Summary: The Hennepin real estate market had 3 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 01
+100.0%
5+ 00
0.0%

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

Days on Market for Hennepin, IL

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

Average Listing Age

Oct 2023Oct 2024CHANGE
85 Days45 Days-46.6%

Summary: Homes in Hennepin had an average listing age of 45 days in Oct 2024, down by 46.6% compared to the previous year.

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

Report Updated 13 Days Ago

Newest Listings in Hennepin, IL

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