62863, IL Housing Market

Homes for sale

The 62863 housing market is somewhat competitive. The median sale price of a home in 62863 was $182K last month, up 231.5% since last year. The median sale price per square foot in 62863 is $107, up 181.6% since last year.

Trends
Demand
Schools
Climate

62863 Housing Market Trends

What is the housing market like in 62863 today?

$182K

Sale Price

+231.5%
since last year

$107

Sale $/Sq. Ft.

+181.6%
since last year

Under List Price

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 62863 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.

How hot is the 62863 housing market?

62863 is somewhat competitive. Homes sell in 47 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 8% below list price and go pending in around 47 days.
Hot homes
can sell for about 2% below list price and go pending in around 14 days.

Compare With Nearby Zip codes

47639

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 5 days.
Hot homes
can sell for about 2% above list price and go pending in around 2 days.

See more nearby cities and neighborhoods

View houses in 62863 that sold recently

Recently sold homes

SOLD NOV 26, 2024
$182,000 Last Sold Price
3 beds
2 baths
1,424 sq ft
140 Cherry Hills Dr, Mt Carmel, IL 62863
List Price
$188,900
Sale to List
4% under list
Days on Market
267 days
140 Cherry Hills Dr, Mt Carmel, IL 62863
SOLD NOV 25, 2024
$184,900 Last Sold Price
2 beds
2 baths
1,721 sq ft
339 Cherry Hill Dr, Mount Carmel, IL 62863
List Price
$184,900
Sale to List
0% over list
Days on Market
55 days
339 Cherry Hill Dr, Mount Carmel, IL 62863
SOLD NOV 22, 2024
$150,000 Last Sold Price
3 beds
1.5 baths
2,552 sq ft
131 N Cherry St, Mount Carmel, IL 62863
List Price
$169,500
Sale to List
12% under list
Days on Market
266 days
131 N Cherry St, Mount Carmel, IL 62863
SOLD NOV 13, 2024
$238,500 Last Sold Price
4 beds
2 baths
2,100 sq ft
12476 E 500 Rd, Mount Carmel, IL 62863
List Price
$264,900
Sale to List
10% under list
Days on Market
49 days
12476 E 500 Rd, Mount Carmel, IL 62863
SOLD NOV 7, 2024
$182,000 Last Sold Price
4 beds
2 baths
2,191 sq ft
219 N Cherry St, Mount Carmel, IL 62863
List Price
$182,500
Sale to List
0% under list
Days on Market
73 days
219 N Cherry St, Mount Carmel, IL 62863
SOLD OCT 4, 2024
$134,000 Last Sold Price
4 beds
2 baths
1,917 sq ft
9374 Jackson St, Keensburg, IL 62852
List Price
$139,900
Sale to List
4% under list
Days on Market
45 days
9374 Jackson St, Keensburg, IL 62852
SOLD SEP 30, 2024
$162,000 Last Sold Price
3 beds
3.5 baths
2,425 sq ft
208 N Cherry St, Mount Carmel, IL 62863
List Price
$159,900
Sale to List
1% over list
Days on Market
56 days
208 N Cherry St, Mount Carmel, IL 62863
SOLD SEP 25, 2024
$170,000 Last Sold Price
3 beds
1.5 baths
1,920 sq ft
114 Greenview Ave, Mount Carmel, IL 62863
List Price
$169,900
Sale to List
0% over list
Days on Market
77 days
114 Greenview Ave, Mount Carmel, IL 62863
See all recently sold homes in 62863.
See listings

Schools in 62863

Learn about schools in the 62863 area

Elementary
Middle
High

GreatSchools Rating

3/10 Mt Carmel Grade School Public • 3-6	376 Students	1 reviews
NR South Elementary School Public • PreK-2	357 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 62863 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 62863.

Wind Factor - Minor

89% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

54% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 62863

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