Housing Prices in Mechanicsburg, IL

How much do homes in Mechanicsburg, IL cost?

Median List Price

$271,000

$119/sqft

Based on all homes listed in the last 12 months.

Difference Since August 2023

+$136,100(+100.9%)

Key Takeaway

The list price of homes in Mechanicsburg has increased by 100.9% since last year.

Summary: The median home list price in Mechanicsburg was $271,000 in August 2024, up 100.9% from the previous year, and the median price per square foot was $119.

Median List Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $105K$165K
+57.1%
3 $129.9K$183.5K
+41.3%
4 $437.4K$535K
+22.3%
5+ -$425K
N/A

Summary: Mechanicsburg housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 41.3%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Mechanicsburg
+100.9%
Mechanicsburg Township
+12.2%

Housing Supply in Mechanicsburg, IL

How many homes are available in Mechanicsburg, IL?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
34+33.3%

Summary: The Mechanicsburg real estate market had 4 homes for sale in August 2024, a 33.3% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 01
+100.0%
4 01
+100.0%
5+ 11
0.0%

Summary: The Mechanicsburg housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Mechanicsburg, IL

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

Average Listing Age

Aug 2023Aug 2024CHANGE
93 Days38 Days-58.9%

Summary: Homes in Mechanicsburg had an average listing age of 38 days in Aug 2024, down by 58.9% compared to the previous year.

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

Report Updated 9 Days Ago

Newest Listings in Mechanicsburg, IL