Sangamon County, IL Home Values & Market Trends

The median home price in Sangamon County, IL is $166,719.64. There were 3,701 home sales in Sangamon County, IL over the past 12 months. The median residential Sangamon County, IL home value for transactions over the previous year is $132,827.405. The number of current listings in Sangamon County, IL is 100, and the percentage of properties for sale is 100.00%. The county has 46 foreclosures, 18 bank owned properties, 28 headed for auction, and 100 properties for sale.

Sangamon County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Springfield

$ 135,111

$ 87/sqft

Thayer

$ --

$ --

Chatham

$ 189,171

$ 101/sqft

Cantrall

$ --

$ --

Rochester

$ 174,528

$ 98/sqft

Divernon

$ --

$ --

Riverton

$ 147,212

$ 102/sqft

Williamsville

$ --

$ --

Pawnee

$ 132,630

$ 72/sqft

Pleasant Plains

$ --

$ --

Auburn

$ 124,416

$ 68/sqft

Loami

$ --

$ --

Dawson

$ 211,990

$ 117/sqft

Sherman

$ --

$ --

Illiopolis

$ 157,509

$ 90/sqft

New Berlin

$ --

$ --

Mechanicsburg

$ --

$ --

Buffalo

$ --

$ --

Glenarm

$ --

$ --

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Housing Market Summary for Sangamon County, IL

Apr 2023March 2024Change
Median Listing Price$155K$159.9K3.17%
Median Sold Price$140K$159.9K14.23%
Homes For Sale9794-3.09%
Homes Sold1,7351,7792.54%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Sangamon County, IL

Sangamon County, IL home values range from $17,221 to $1,858,586. Rochester is the priciest city with a median listing home price of $375,000, and Springfield is most affordable with average house prices of around $149,900.

Foreclosure
There are 19 cities within Sangamon County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $360,037 in Thayer to the lowest value of $32,070 in Thayer. Foreclosure homes account for 0.00% of properties in Sangamon County, IL with Springfield containing 37 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Sangamon County, IL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 19 cities within Sangamon County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Sangamon County, IL ranges from the highest value of $174,485 in Pawnee to the lowest value of $32,070 in Thayer. Bank owned homes and properties account for 0.03% of properties in Sangamon County, IL. There are 19 cities within Sangamon County, IL; Springfield containing 16 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Springfield has 21 auction properties, the highest number of properties going to auction in a single city in the state of Sangamon County, IL. Auction homes and other auction properties account for 0.04% of all properties in Sangamon County, IL. There are 19 cities within Sangamon County, IL; of those cities, the median estimated home value for homes going to auction ranges from $217,759 in Chatham to the lowest value of $56,488 in Chatham.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.15% of residential properties in Sangamon County, IL with Springfield containing 73 homes for sale, the highest number of listed properties in a single city. There are 19 cities within Sangamon County, IL; homes for sale in those cities, have a range of median values from $211,990 in Dawson to the lowest value of $28,266 in Springfield.
    Sold Homes
    The median value for recently sold homes ranges from $494,505 in Glenarm to the lowest price of $19,936 in Glenarm. There are 19 cities within Sangamon County, IL. Springfield has 1219 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.59% of properties in Sangamon County, IL.

      Compare Nearby Cities

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      Guide for Sangamon County, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports
      Anchorage Real Estate Market Report April 2024
      See More Articles
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Anchorage Real Estate Market Report April 2024
      Market Reports|posted 17 April 2024

      An examination of the real estate market in Anchorage, Alaska, comparing property values, sales trends, and foreclosure rates with nearby cities to provide a comprehensive understanding of regional market trends.