The Far East housing market is somewhat competitive. The median sale price of a home in Far East was $428K last month, up 18.9% since last year. The median sale price per square foot in Far East is $218, up 17.8% since last year.
What is the housing market like in Far East today?
In March 2024, Far East home prices were up 18.9% compared to last year, selling for a median price of $428K. On average, homes in Far East sell after 98 days on the market compared to 84 days last year. There were 40 homes sold in March this year, up from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$428,140
+18.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Far East, IL
$428,140
+18.9%
United States
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How hot is the Far East housing market?
Far East is somewhat competitive. Homes sell in 94 days.
0
100
42
Somewhat 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
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 94 days.
Hot homes
can sell for about 2% above list price and go pending in around 57 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 East housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Far East.
Risk Factor
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Far East has a minor risk of flooding. 136 properties in Far East are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Far East. Flood risk is increasing slower than the national average.
36% of properties are at risk of wildfire over the next 30 years
Fire Factor
Far East has a moderate risk of wildfire. There are 986 properties in Far East that have some risk of being affected by wildfire over the next 30 years. This represents 36% of all properties in Far East.