Philo, IL Housing Market

Homes for sale

The Philo housing market is very competitive. The median sale price of a home in Philo was $150K last month, down 33.4% since last year. The median sale price per square foot in Philo is $200, up 98.0% since last year.

Trends
Demand
Migration
Schools
Climate

Philo Housing Market Trends

What is the housing market like in Philo today?

In October 2024, Philo home prices were down 33.4% compared to last year, selling for a median price of $150K.

$150K

Sale Price

-33.4%
since last year

$200

Sale $/Sq. Ft.

+98.0%
since last year

Under List Price

2.5%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Philo and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Philo add value to a home.

How hot is the Philo housing market?

Philo is very competitive. Homes sell in 24 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% below list price and go pending in around 24 days.
Hot homes
can sell for about 1% below list price and go pending in around 7 days.

Compare With Nearby Cities

Champaign

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 42 days.
Hot homes
can sell for about 1% above list price and go pending in around 23 days.

Urbana

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 46 days.
Hot homes
can sell for around list price and go pending in around 25 days.

See more nearby cities and neighborhoods

Philo Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Philo that sold recently

Recently sold homes

SOLD OCT 18, 2024
$149,900 Last Sold Price
2 beds
1 bath
749 sq ft
106 N Lincoln St, Philo, IL 61864
List Price
$149,900
Sale to List
0% over list
Days on Market
93 days
106 N Lincoln St, Philo, IL 61864
SOLD JUN 24, 2024
$150,000 Last Sold Price
1 bed
1 bath
700 sq ft
308 E Van Buren St, Philo, IL 61864
List Price
$149,900
Sale to List
0% over list
Days on Market
12 days
308 E Van Buren St, Philo, IL 61864

Schools in Philo

Learn about schools in the Philo area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Philo housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Philo.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

100% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

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Philo, IL Housing Market

Philo Housing Market Trends

How hot is the Philo housing market?

Philo Migration & Relocation Trends

View houses in Philo that sold recently

Recently sold homes

Schools in Philo

GreatSchools Rating

No elementary schools in this region.

Climate's impact on Philo housing

Flood Factor - Minor

Flood Factor

Fire Factor - Minimal

Fire Factor

Wind Factor - Minor

Wind Factor

Wind likelihood over time

Heat Factor - Moderate

Heat Factor

More real estate resources for Philo

New Listings in Philo

Nearby City Housing Markets

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