Housing Prices in 62048, IL

How much do homes in 62048, IL cost?

Median List Price

$82,450

$75/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$14,450(+21.3%)

Key Takeaway

The list price of homes in 62048 has increased by 21.3% since last year.

Summary: The median home list price in 62048 was $82,450 in March 2024, up 21.3% from the previous year, and the median price per square foot was $75.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $27.5K$33K
+20.0%
2 $67.4K$55K
-18.5%
3 $124.9K$114.5K
-8.3%
4 $139K$114.9K
-17.3%
5+ $305K$149.9K
-50.9%

Summary: 62048 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 18.5%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 17.3%, and 5+ bedroom homes decreased by 50.9%.

Median List Price Compared To Nearby Zip Codes

62048
+21.3%
62095
+10.1%
62087
-2.8%
62084
-7.9%

Housing Supply in 62048, IL

How many homes are available in 62048, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
43-25.0%

Summary: The 62048 real estate market had 3 homes for sale in March 2024, a 25.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

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

Summary: The 62048 housing inventory by bedroom type for March 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 decreased by 100%.

Days on Market for 62048, IL

How long does it take to sell a home in 62048, IL?

Average Listing Age

Mar 2023Mar 2024CHANGE
109 Days78 Days-28.9%

Summary: Homes in 62048 had an average listing age of 78 days in Mar 2024, down by 28.9% compared to the previous year.

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

Report Updated 26 Days Ago

Newest Listings in 62048, IL

Nearby Markets to 62048, IL