The 62401 housing market is somewhat competitive. The median sale price of a home in 62401 was $248K last month, up 12.5% since last year. The median sale price per square foot in 62401 is $99, down 2.5% since last year.
In October 2024, 62401 home prices were up 12.5% compared to last year, selling for a median price of $248K. On average, homes in 62401 sell after 30 days on the market compared to 28 days last year. There were 54 homes sold in October this year, down from 60 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$247,500
+12.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
62401, IL
$247,500
+12.5%
United States
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How hot is the 62401 housing market?
62401 is somewhat competitive. Homes sell in 31 days.
0
100
54
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 about 4% below list price and go pending in around 31 days.
Hot homes
can sell for around list price and go pending in around 21 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 62401 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 62401.
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
62401 has a moderate risk of flooding. 744 properties in 62401 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 62401. Flood risk is increasing slower than the national average.
4% of properties are at risk of wildfire over the next 30 years
Fire Factor
62401 has a moderate risk of wildfire. There are 454 properties in 62401 that have some risk of being affected by wildfire over the next 30 years. This represents 4% of all properties in 62401.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
62401 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 62401 is most at risk from hurricanes. 10,802 properties in 62401 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 67 mph.