Housing Prices in 62277, IL

How much do homes in 62277, IL cost?

Median List Price

$94,500

$85/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$2,750(+3.0%)

Key Takeaway

The list price of homes in 62277 has increased by 3% since last year.

Summary: The median home list price in 62277 was $94,500 in May 2024, up 3% from the previous year, and the median price per square foot was $85.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $89K$104.7K
+17.7%
3 $102.4K$89.9K
-12.2%
4 $119.9K-
N/A
5+ --
N/A

Summary: 62277 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.7%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

62278
+27.1%
63627
+23.3%
62277
+3.0%

Housing Supply in 62277, IL

How many homes are available in 62277, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
23+50.0%

Summary: The 62277 real estate market had 3 homes for sale in May 2024, a 50.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 62277 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 62277, IL

How long does it take to sell a home in 62277, IL?

Average Listing Age

May 2023May 2024CHANGE
119 Days47 Days-60.7%

Summary: Homes in 62277 had an average listing age of 47 days in May 2024, down by 60.7% compared to the previous year.

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

Report Updated 2 Days Ago

Newest Listings in 62277, IL

Nearby Markets to 62277, IL