Housing Prices in Illinois City, IL

How much do homes in Illinois City, IL cost?

Median List Price

$285,000

$111/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$67,600(+31.1%)

Key Takeaway

The list price of homes in Illinois City has increased by 31.1% since last year.

Summary: The median home list price in Illinois City was $285,000 in October 2024, up 31.1% from the previous year, and the median price per square foot was $111.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $255K$255K
0.0%
2 $219.9K$65K
-70.4%
3 $241.9K$240K
-0.8%
4 $200K$342K
+71.0%
5+ $205K$291.4K
+42.2%

Summary: Illinois City 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 70.4%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 71%, and 5+ bedroom homes increased by 42.2%.

Median List Price Compared To Nearby Cities

Illinois City
+31.1%
Sweetland Township
+22.5%
Drury Township
+21.6%
Muscatine
+19.4%

Housing Supply in Illinois City, IL

How many homes are available in Illinois City, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
35+66.7%

Summary: The Illinois City real estate market had 5 homes for sale in October 2024, a 66.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 11
0.0%
4 02
+100.0%
5+ 21
-50.0%

Summary: The Illinois City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.

Days on Market for Illinois City, IL

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

Average Listing Age

Oct 2023Oct 2024CHANGE
99 Days53 Days-46.5%

Summary: Homes in Illinois City had an average listing age of 53 days in Oct 2024, down by 46.5% 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 Illinois City, IL

Nearby Markets to Illinois City, IL

What housing markets are near Illinois City, IL?