62881, IL Housing Market
The 62881 housing market is somewhat competitive. The median sale price of a home in 62881 was $140K last month, down 5.4% since last year. The median sale price per square foot in 62881 is $106, up 14.0% since last year.
62881 Housing Market Trends
In January 2025, 62881 home prices were down 5.4% compared to last year, selling for a median price of $140K. On average, homes in 62881 sell after 52 days on the market compared to 42 days last year. There were 26 homes sold in January this year, up from 21 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 62881 housing market?
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 5% below list price and go pending in around 45 days.
- Hot homescan sell for around list price and go pending in around 18 days.
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 5% below list price and go pending in around 50 days.
- Hot homescan sell for around list price and go pending in around 37 days.
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 5% below list price and go pending in around 66 days.
- Hot homescan sell for around list price and go pending in around 34 days.
View houses in 62881 that sold recently
Recently sold homes
- $35,000 Last Sold Price3 beds1 bath1,468 sq ft416 S Marion Ave, Salem, IL 62881List Price$44,000Sale to List20% under listDays on Market215 days416 S Marion Ave, Salem, IL 62881
- $271,500 Last Sold Price3 beds2 baths1,468 sq ft3540 Robin Rd, Salem, IL 62881List Price$279,000Sale to List3% under listDays on Market74 days3540 Robin Rd, Salem, IL 62881
- $210,000 Last Sold Price5 beds2.5 baths2,872 sq ft110 Woodland Dr, Salem, IL 62881List Price$210,000Sale to List0% over listDays on Market126 days110 Woodland Dr, Salem, IL 62881
- $60,000 Last Sold Price2 beds1 bath936 sq ft628 W Warmoth St, Salem, IL 62881List Price$69,000Sale to List13% under listDays on Market73 days628 W Warmoth St, Salem, IL 62881
- $135,000 Last Sold Price3 beds1 bath1,280 sq ft500 S Castle, Salem, IL 62881List Price$130,000Sale to List4% over listDays on Market98 days500 S Castle, Salem, IL 62881
- $35,000 Last Sold Price3 beds1 bath980 sq ft219 E Williams St, Salem, IL 62881List Price$40,000Sale to List13% under listDays on Market177 days219 E Williams St, Salem, IL 62881
- $27,500 Last Sold Price—beds—baths—sq ft5665 Woodard School Rd, Salem, IL 62881List Price$26,500Sale to List4% over listDays on Market33 days5665 Woodard School Rd, Salem, IL 62881
- $70,000 Last Sold Price—beds—baths—sq ft000 Hawthorn Rd, Salem, IL 62881List Price$70,000Sale to List0% over listDays on Market30 days000 Hawthorn Rd, Salem, IL 62881
See all recently sold homes in 62881.
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Schools in 62881
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Franklin Park Middle School Public • PreK-8 | 584 Students | N/A |
6/10 Hawthorn Elementary School Public • K-3 | 382 Students | N/A |
4/10 Selmaville Elementary School Public • K-8 | 251 Students | 4 reviews |
Climate's impact on 62881 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 62881.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Wind likelihood over time
Heat Factor - Moderate
Heat Factor

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