Housing Prices in Illinois City, IL

How much do homes in Illinois City, IL cost?

Median List Price

$291,450

$111/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$76,550(+35.6%)

Key Takeaway

The list price of homes in Illinois City has increased by 35.6% since last year.

Summary: The median home list price in Illinois City was $291,450 in November 2024, up 35.6% from the previous year, and the median price per square foot was $111.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $255K$255K
0.0%
2 $219.9K$65K
-70.4%
3 $241.9K$270K
+11.6%
4 $179.5K$340K
+89.4%
5+ $205K$291.4K
+42.2%

Summary: Illinois City 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 decreased by 70.4%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 89.4%, and 5+ bedroom homes increased by 42.2%.

Median List Price Compared To Nearby Cities

Drury Township
+45.7%
Illinois City
+35.6%
Muscatine
+15.1%

Housing Supply in Illinois City, IL

How many homes are available in Illinois City, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The Illinois City real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 11
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Illinois City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 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 Illinois City, IL

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

Average Listing Age

Nov 2023Nov 2024CHANGE
101 Days92 Days-8.8%

Summary: Homes in Illinois City had an average listing age of 92 days in Nov 2024, down by 8.8% compared to the previous year.

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

Report Updated 22 Days Ago

Newest Listings in Illinois City, IL

Nearby Markets to Illinois City, IL

What housing markets are near Illinois City, IL?