Housing Prices in 62271, IL

How much do homes in 62271, IL cost?

Median List Price

$140,000

$92/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$15,050(+12.0%)

Key Takeaway

The list price of homes in 62271 has increased by 12% since last year.

Summary: The median home list price in 62271 was $140,000 in April 2024, up 12% from the previous year, and the median price per square foot was $92.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$128.5K
N/A
2 $90K$99.9K
+11.0%
3 $144.1K$165K
+14.5%
4 $152.4K$220K
+44.3%
5+ $175K$124.9K
-28.6%

Summary: 62271 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 increased by 11%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 44.3%, and 5+ bedroom homes decreased by 28.6%.

Median List Price Compared To Nearby Zip Codes

62214
+30.4%
62271
+12.0%
62245
-4.4%

Housing Supply in 62271, IL

How many homes are available in 62271, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
440.0%

Summary: The 62271 real estate market had 4 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 22
0.0%
3 11
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 62271 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 62271, IL

How long does it take to sell a home in 62271, IL?

Average Listing Age

Apr 2023Apr 2024CHANGE
88 Days101 Days+14.6%

Summary: Homes in 62271 had an average listing age of 101 days in Apr 2024, up by 14.6% compared to the previous year.

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

Report Updated 4 Days Ago

Newest Listings in 62271, IL

Nearby Markets to 62271, IL