The 62557 housing market is somewhat competitive. The median sale price of a home in 62557 was $104K last month, up 13.1% since last year. The median sale price per square foot in 62557 is $85, up 42.5% since last year.
In March 2024, 62557 home prices were up 13.1% compared to last year, selling for a median price of $104K. On average, homes in 62557 sell after 126 days on the market compared to 84 days last year. There were 14 homes sold in March this year, down from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$103,500
+13.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
62557, IL
$103,500
+13.1%
United States
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How hot is the 62557 housing market?
62557 is somewhat competitive. Homes sell in 35 days.
0
100
56
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 6 months
Some homes get multiple offers.
The average homes sell for about 7% below list price and go pending in around 35 days.
Hot homes
can sell for about 1% below list price and go pending in around 12 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 62557 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 62557.
Risk Factor
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
62557 has a minor risk of flooding. 298 properties in 62557 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 62557. Flood risk is increasing slower than the national average.
15% of properties are at risk of wildfire over the next 30 years
Fire Factor
62557 has a moderate risk of wildfire. There are 759 properties in 62557 that have some risk of being affected by wildfire over the next 30 years. This represents 15% of all properties in 62557.
99% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
62557 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 62557 is most at risk from hurricanes. 4,972 properties in 62557 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 70 mph.