Housing Prices in 62051, IL

How much do homes in 62051, IL cost?

Median List Price

$68,000

$22/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$58,950(-46.4%)

Key Takeaway

The list price of homes in 62051 has decreased by 46.4% since last year.

Summary: The median home list price in 62051 was $68,000 in April 2024, down 46.4% from the previous year, and the median price per square foot was $22.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $43K-
N/A
2 -$300K
N/A
3 $300K$86K
-71.3%
4 $79.9K$50K
-37.4%
5+ $7.9K$7.9K
0.0%

Summary: 62051 housing prices by bedroom type for April 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 71.3%, 4 bedroom homes decreased by 37.4%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

62049
+50.5%
62094
+19.9%
62075
+2.8%
62051
-46.4%

Housing Supply in 62051, IL

How many homes are available in 62051, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
110.0%

Summary: The 62051 real estate market had 1 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 62051 housing inventory by bedroom type for April 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 remained the same.

Days on Market for 62051, IL

How long does it take to sell a home in 62051, IL?

Average Listing Age

Apr 2023Apr 2024CHANGE
174 Days79 Days-54.7%

Summary: Homes in 62051 had an average listing age of 79 days in Apr 2024, down by 54.7% compared to the previous year.

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

Report Updated 8 Days Ago

Newest Listings in 62051, IL

Nearby Markets to 62051, IL