Philo, IL Home Values & Market Trends

Real estate market trends reflect that there have been 23 transactions over the past year in Philo. The median value for residential home transactions that occurred over the previous year is $179,254.27. The number of current listings in Philo is 0, and the percentage of properties for sale in the city is 0.00%. Philo, IL currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 0 properties for sale.

Philo, IL Real Estate Market Overview

ZipMedian Est. Value
61864

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Housing Market Summary for Philo, IL

Apr 2023March 2024Change
Median Listing Price$230K$157.1K-31.68%
Median Sold Price$222.7K$157.1K-29.42%
Homes For Sale10-100.00%
Homes Sold71042.86%
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 Philo, IL

Philo home values range from $21,064 to $551,108. The median estimated value of a home in Philo is $179,254.27. The median list price of a home is 0, and the total count of properties in the city is 607.

Foreclosure
There is 1 zips within Philo, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $147,031 in 61864 to the lowest value of $147,031 in 61864. Foreclosure homes account for 0.00% of properties in Philo, IL with 61864 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.16% of all residential properties in Philo, IL with 61864 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Philo, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $147,031 in 61864 to the lowest home value of $147,031 in 61864.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Philo, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Philo, IL. There is 1 zips within Philo, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Philo, IL. Auction homes and other auction properties account for 0% of all properties in Philo, IL. There is 1 zips within Philo, IL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.00% of residential properties in Philo, IL with 61864 containing 0 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Philo, IL; homes for sale in that zips, have a range of median values from $0 in 61864 to the lowest value of $0 in 61864.
    Sold Homes
    The median value for recently sold homes ranges from $368,035 in 61864 to the lowest price of $138,824 in 61864. There is 1 zips within Philo, IL. 61864 has 10 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.65% of properties in Philo, IL.

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      Guide for Philo, IL

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      A home foreclosure
      Foreclosure
      Impact of Foreclosure on Neighborhood Property Values
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      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 home foreclosure
      Impact of Foreclosure on Neighborhood Property Values
      Foreclosure|posted 30 April 2024

      What is the impact on nearby house values of a foreclosed home?

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      Recently Listed Homes Philo, IL

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