Housing Prices in 62640, IL

How much do homes in 62640, IL cost?

Median List Price

$183,500

$105/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$90,500(+97.3%)

Key Takeaway

The list price of homes in 62640 has increased by 97.3% since last year.

Summary: The median home list price in 62640 was $183,500 in April 2024, up 97.3% from the previous year, and the median price per square foot was $105.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $125K$134.9K
+7.9%
2 $65.5K$54K
-17.6%
3 $90K$194.4K
+116.1%
4 $219.9K$199.9K
-9.1%
5+ $194.4K$185K
-4.9%

Summary: 62640 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes increased by 116.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 4.9%.

Median List Price Compared To Nearby Zip Codes

62640
+97.3%
62690
-12.7%

Housing Supply in 62640, IL

How many homes are available in 62640, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
711+57.1%

Summary: The 62640 real estate market had 11 homes for sale in April 2024, a 57.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 36
+100.0%
4 01
+100.0%
5+ 11
0.0%

Summary: The 62640 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 increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for 62640, IL

How long does it take to sell a home in 62640, IL?

Average Listing Age

Apr 2023Apr 2024CHANGE
110 Days75 Days-31.7%

Summary: Homes in 62640 had an average listing age of 75 days in Apr 2024, down by 31.7% compared to the previous year.

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

Report Updated 19 Days Ago

Newest Listings in 62640, IL

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