Glen Carbon, IL Home Values & Market Trends

Real estate market trends reflect that there have been 282 transactions over the past year in Glen Carbon. The median value for residential home transactions that occurred over the previous year is $278,656.15. The number of current listings in Glen Carbon is 25, and the percentage of properties for sale in the city is 25.00%. Glen Carbon, IL currently has 13 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 25 properties for sale.

Glen Carbon, IL Real Estate Market Overview

ZipMedian Est. Value
62034

$ 331,000

$ 128/sqft

Housing Market Summary for Glen Carbon, IL

Apr 2023March 2024Change
Median Listing Price$329.9K$286.9K-13.04%
Median Sold Price$265.8K$286.9K7.91%
Homes For Sale131730.77%
Homes Sold135122-9.63%
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 Glen Carbon, IL

Glen Carbon home values range from $24,864 to $1,458,832. The median estimated value of a home in Glen Carbon is $278,656.15. The median list price of a home is 325,000, and the total count of properties in the city is 4,965.

Foreclosure
There is 1 zips within Glen Carbon, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $290,849 in 62034 to the lowest value of $49,997 in 62034. Foreclosure homes account for 0.00% of properties in Glen Carbon, IL with 62034 containing 13 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.22% of all residential properties in Glen Carbon, IL with 62034 containing 11 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Glen Carbon, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $290,849 in 62034 to the lowest home value of $49,997 in 62034.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Glen Carbon, 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 Glen Carbon, IL. There is 1 zips within Glen Carbon, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    62034 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Glen Carbon, IL. Auction homes and other auction properties account for 0.04% of all properties in Glen Carbon, IL. There is 1 zips within Glen Carbon, IL; of that zips, the median estimated home value for homes going to auction ranges from $245,000 in 62034 to the lowest value of $109,366 in 62034.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.50% of residential properties in Glen Carbon, IL with 62034 containing 25 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Glen Carbon, IL; homes for sale in that zips, have a range of median values from $1,300,000 in 62034 to the lowest value of $84,474 in 62034.
    Sold Homes
    The median value for recently sold homes ranges from $1,458,832 in 62034 to the lowest price of $30,000 in 62034. There is 1 zips within Glen Carbon, IL. 62034 has 137 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.76% of properties in Glen Carbon, IL.

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      Guide for Glen Carbon, IL

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      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
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      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.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Glen Carbon, IL

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