Payson, IL Home Values & Market Trends

Real estate market trends reflect that there have been 19 transactions over the past year in Payson. The median value for residential home transactions that occurred over the previous year is $136,585. The number of current listings in Payson is 1, and the percentage of properties for sale in the city is 1.00%. Payson, IL currently has 2 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 1 properties for sale.

Payson, IL Real Estate Market Overview

ZipMedian Est. Value
62360

$ 76,622

$ 56/sqft

Housing Market Summary for Payson, IL

Mar 2023February 2024Change
Median Listing Price$0$86,271.5-
Median Sold Price$118.1K$86,271.5-26.93%
Homes For Sale02-
Homes Sold1910-47.37%
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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 Payson, IL

Payson home values range from $23,820 to $582,469. The median estimated value of a home in Payson is $136,585. The median list price of a home is 40,000, and the total count of properties in the city is 559.

Foreclosure
There is 1 zips within Payson, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $196,652 in 62360 to the lowest value of $159,359 in 62360. Foreclosure homes account for 0.00% of properties in Payson, IL with 62360 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.18% of all residential properties in Payson, IL with 62360 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Payson, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $196,652 in 62360 to the lowest home value of $196,652 in 62360.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Payson, 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 Payson, IL. There is 1 zips within Payson, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    62360 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Payson, IL. Auction homes and other auction properties account for 0.18% of all properties in Payson, IL. There is 1 zips within Payson, IL; of that zips, the median estimated home value for homes going to auction ranges from $159,359 in 62360 to the lowest value of $159,359 in 62360.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.18% of residential properties in Payson, IL with 62360 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Payson, IL; homes for sale in that zips, have a range of median values from $76,622 in 62360 to the lowest value of $76,622 in 62360.
    Sold Homes
    The median value for recently sold homes ranges from $239,255 in 62360 to the lowest price of $35,903 in 62360. There is 1 zips within Payson, IL. 62360 has 11 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.97% of properties in Payson, IL.

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      Guide for Payson, IL

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      Recently Listed Homes Payson, IL

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