The median sale price of a home in 62240 was $142K over the last 3 months, down 22.8% since the same period last year. The median sale price per square foot in 62240 is $80, down 8.5% since last year.
Over the three months ending August 2026, 62240 home prices were down 22.8% compared to the same period last year, selling for a median price of $142K. On average, homes in 62240 sell after 20 days on the market compared to 36 days last year. There were 4 homes sold in August this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$142,438
-22.8% YoY | Aug 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2026
Growth
% YoY
62240, IL
$142,438
-22.8%
United States
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All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
104.9%
-3.0 pt YoY | Aug 2026
Based on Redfin calculations of home data from MLS and/or public records.
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 62240 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 62240.
Flood Factor - Moderate
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
62240 has a moderate risk of flooding. 71 properties in 62240 are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in 62240. Flood risk is increasing slower than the national average.
21% of properties are at risk of wildfire over the next 30 years
Fire Factor
62240 has a moderate risk of wildfire. There are 374 properties in 62240 that have some risk of being affected by wildfire over the next 30 years. This represents 21% of all properties in 62240.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
62240 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 62240 is most at risk from hurricanes. 1,769 properties in 62240 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 52 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 63 mph.