The 61048 housing market is somewhat competitive. The median sale price of a home in 61048 was $235K last month, up 85.9% since last year. The median sale price per square foot in 61048 is $143, up 42.1% since last year.
In October 2024, 61048 home prices were up 85.9% compared to last year, selling for a median price of $235K. On average, homes in 61048 sell after 25 days on the market compared to 6 days last year. There were 4 homes sold in October this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$235,000
+85.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
61048, IL
$235,000
+85.9%
United States
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How hot is the 61048 housing market?
61048 is somewhat competitive. Homes sell in 9 days.
0
100
65
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 9 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 9 days.
Hot homes
can sell for around list price and go pending in around 5 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 61048 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 61048.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
61048 has a minor risk of flooding. 218 properties in 61048 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 61048. Flood risk is increasing slower than the national average.
54% of properties are at risk of wildfire over the next 30 years
Fire Factor
61048 has a moderate risk of wildfire. There are 1,468 properties in 61048 that have some risk of being affected by wildfire over the next 30 years. This represents 54% of all properties in 61048.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
61048 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 61048 is most at risk from hurricanes. 2,700 properties in 61048 have some risk of being in a severe wind event within the next 30 years.