Housing Prices in 62974, IL
How much do homes in 62974, IL cost?
Median List Price
$227,000
$119/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 62974 has increased by 8.6% since last year.
Summary: The median home list price in 62974 was $227,000 in April 2024, up 8.6% from the previous year, and the median price per square foot was $119.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $109K | $174.9K | +60.5% |
| 3 Bedrooms | $152.4K | $150K | -1.6% |
| 4 Bedrooms | $282.4K | $249.9K | -11.5% |
| 5+ Bedrooms | $250K | $342.4K | +37.0% |
Summary: 62974 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 60.5%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 37%.
Median List Price Compared To Nearby Zip Codes
| 62959 | $167.5K | $184.6K | +10.2% |
| 62974 | $209K | $227K | +8.6% |
| 62917 | $67K | $70.7K | +5.6% |
| 62890 | $162K | $154K | -4.9% |
Housing Supply in 62974, IL
How many homes are available in 62974, IL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Summary: The 62974 real estate market had 7 homes for sale in April 2024, a 133.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 62974 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Days on Market for 62974, IL
How long does it take to sell a home in 62974, IL?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 108 Days | 109 Days | +1.0% |
Summary: Homes in 62974 had an average listing age of 109 days in Apr 2024, up by 1% compared to the previous year.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.