The 62243 housing market is very competitive. The median sale price of a home in 62243 was $238K last month, down 19.8% since last year. The median sale price per square foot in 62243 is $124, down 12.6% since last year.
In October 2024, 62243 home prices were down 19.8% compared to last year, selling for a median price of $238K. On average, homes in 62243 sell after 35 days on the market compared to 40 days last year. There were 14 homes sold in October this year, down from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$237,500
-19.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
62243, IL
$237,500
-19.8%
United States
To compare other locations to the 62243 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Illinois add value to a home.
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How hot is the 62243 housing market?
62243 is very competitive. Homes sell in 33.5 days.
0
100
75
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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 34 days.
Hot homes
can sell for about 2% above list price and go pending in around 8 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
62243, IL
99.0%
+1.0 pt
United States
Schools in 62243
Learn about schools in the 62243 area
Elementary
Middle
High
GreatSchools Rating
8/10
Freeburg Elementary School
Public • 3-8
514
Students
2 reviews
NR
Freeburg Primary Center
Public • PreK-2
251
Students
1 reviews
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 62243 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 62243.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
62243 has a minor risk of flooding. 289 properties in 62243 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 62243. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
62243 has a moderate risk of wildfire. There are 18 properties in 62243 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 62243.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
62243 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 62243 is most at risk from hurricanes. 3,623 properties in 62243 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 55 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 67 mph.