62881, IL Housing Market
The 62881 housing market is somewhat competitive. The median sale price of a home in 62881 was $126K last month, up 43.2% since last year. The median sale price per square foot in 62881 is $93, up 11.4% since last year.
62881 Housing Market Trends
In March 2024, 62881 home prices were up 43.2% compared to last year, selling for a median price of $126K. On average, homes in 62881 sell after 56 days on the market compared to 41 days last year. There were 21 homes sold in March this year, down from 27 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 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 50 days.
- Hot homescan sell for about 1% above list price and go pending in around 30 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 51 days.
- Hot homescan sell for about 2% above list price and go pending in around 31 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 4% below list price and go pending in around 42 days.
- Hot homescan sell for around list price and go pending in around 28 days.
Home offer insights for 62881
Recent offers
View houses in 62881 that sold recently
Recently sold homes
- $265,000 Last Sold Price3 beds2 baths1,626 sq ft3286 Red Stripe Rd, Salem, IL 62881List Price$270,000Sale to List2% under listDays on Market204 days3286 Red Stripe Rd, Salem, IL 62881
- $135,000 Last Sold Price3 beds1 bath1,014 sq ft305 E Bryan St, Salem, IL 62881List Price$130,000Sale to List4% over listDays on Market58 days305 E Bryan St, Salem, IL 62881
- $157,000 Last Sold Price3 beds1.5 baths1,498 sq ft2643 S Broadway Ave, Salem, IL 62881List Price$157,000Sale to List0% over listDays on Market40 days2643 S Broadway Ave, Salem, IL 62881
- $103,500 Last Sold Price2 beds1 bath1,184 sq ft441 N Ohio Ave, Salem, IL 62881List Price$109,900Sale to List6% under listDays on Market144 days441 N Ohio Ave, Salem, IL 62881
- $165,000 Last Sold Price3 beds2 baths1,180 sq ft5104 Basom Rd, Salem, IL 62881List Price$165,000Sale to List0% over listDays on Market64 days5104 Basom Rd, Salem, IL 62881
- $196,000 Last Sold Price3 beds2.5 baths1,880 sq ft5060 Woodard School Rd, Salem, IL 62881List Price$219,900Sale to List11% under listDays on Market50 days5060 Woodard School Rd, Salem, IL 62881
- $103,000 Last Sold Price3 beds1 bath1,080 sq ft2330 W Main St, Salem, IL 62881List Price$110,000Sale to List6% under listDays on Market54 days2330 W Main St, Salem, IL 62881
- $45,000 Last Sold Price—beds—baths—sq ft203 W Mcmackin St, Salem, IL 62881List Price$55,000Sale to List18% under listDays on Market95 days203 W Mcmackin St, 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 | 622 Students | N/A |
6/10 Hawthorn Elementary School Public • K-3 | 416 Students | N/A |
3/10 Selmaville Elementary School Public • K-8 | 280 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
Transportation in 62881
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