Housing Prices in 62518, IL

How much do homes in 62518, IL cost?

Median List Price

$39,900

$34/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$8,400(-17.4%)

Key Takeaway

The list price of homes in 62518 has decreased by 17.4% since last year.

Summary: The median home list price in 62518 was $39,900 in April 2024, down 17.4% from the previous year, and the median price per square foot was $34.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$11.5K
N/A
2 $69.1K$75K
+8.5%
3 $39.9K$24.9K
-37.5%
4 -$69.9K
N/A
5+ --
N/A

Summary: 62518 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 8.5%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

62512
+30.2%
62548
+5.5%
62518
-17.4%

Housing Supply in 62518, IL

How many homes are available in 62518, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
110.0%

Summary: The 62518 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 11
0.0%
2 00
0.0%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 62518 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 62518, IL

How long does it take to sell a home in 62518, IL?

Average Listing Age

Apr 2023Apr 2024CHANGE
74 Days33 Days-55.7%

Summary: Homes in 62518 had an average listing age of 33 days in Apr 2024, down by 55.7% compared to the previous year.

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

Report Updated 17 Days Ago

Newest Listings in 62518, IL

Nearby Markets to 62518, IL