62440, IL Housing Market

The median sale price of a home in 62440 was $189K last month, down 16.2% since last year. The median sale price per square foot in 62440 is $63, down 12.5% since last year.

Trends
Demand
Schools
Climate

62440 Housing Market Trends

What is the housing market like in 62440 today?

In January 2025, 62440 home prices were down 16.2% compared to last year, selling for a median price of $189K.

$113K

Sale Price

-50.0%
since last year

$63

Sale $/Sq. Ft.

-12.5%
since last year

Under List Price

11.8%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 62440 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.

View houses in 62440 that sold recently

Recently sold homes

SOLD FEB 26, 2025
$47,000 Last Sold Price
—beds
—baths
—sq ft
1261 County Road 1200 E, Lerna, IL 62440
List Price
$52,500
Sale to List
10% under list
Days on Market
69 days
1261 County Road 1200 E, Lerna, IL 62440
SOLD JAN 17, 2025
$112,500 Last Sold Price
3 beds
2 baths
1,764 sq ft
610 College St, Lerna, IL 62440
List Price
$127,500
Sale to List
12% under list
Days on Market
62 days
610 College St, Lerna, IL 62440
SOLD DEC 18, 2024
$145,000
—beds
—baths
—sq ft
3106 N County Road 1320E, Lerna, IL 62440
List Price
—
Sale to List
—
Days on Market
—
3106 N County Road 1320E, Lerna, IL 62440
SOLD DEC 13, 2024
$250,000 Last Sold Price
3 beds
2 baths
2,470 sq ft
978 E County Road 1400 Rd N, Lerna, IL 62440
List Price
$265,000
Sale to List
6% under list
Days on Market
165 days
978 E County Road 1400 Rd N, Lerna, IL 62440
SOLD NOV 26, 2024
$188,500 Last Sold Price
3 beds
2 baths
1,462 sq ft
361 County Road 1320e, Lerna, IL 62440
List Price
$185,000
Sale to List
2% over list
Days on Market
47 days
361 County Road 1320e, Lerna, IL 62440

Schools in 62440

Learn about schools in the 62440 area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

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 62440 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 62440.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

100% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 62440

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