The Far Southeast housing market is very competitive. Homes in Far Southeast receive 8 offers on average and sell in around 43 days. The median sale price of a home in Far Southeast was $294K last month, down 20.1% since last year. The median sale price per square foot in Far Southeast is $189, down 6.0% since last year.
What is the housing market like in Far Southeast today?
In March 2024, Far Southeast home prices were down 20.1% compared to last year, selling for a median price of $294K. On average, homes in Far Southeast sell after 43 days on the market compared to 39 days last year. There were 36 homes sold in March this year, down from 47 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$294,000
-20.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Far Southeast, IL
$294,000
-20.1%
United States
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How hot is the Far Southeast housing market?
Far Southeast is very competitive. Homes sell in 43 days.
0
100
72
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 43 days.
Hot homes
can sell for about 5% above list price and go pending in around 35 days.
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 Far Southeast housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Far Southeast.
Risk Factor
Flood Factor - Moderate
46% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Far Southeast has a moderate risk of flooding. 11,396 properties in Far Southeast are likely to be
severely affected
by flooding over the next 30 years. This represents 46% of all properties in Far Southeast. Flood risk is increasing slower than the national average.
6% of properties are at risk of wildfire over the next 30 years
Fire Factor
Far Southeast has a moderate risk of wildfire. There are 5,603 properties in Far Southeast that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in Far Southeast.
Far Southeast has minimal risk of severe winds over the next 30 years
Wind Factor
Far Southeast has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.