Lacon, IL Home Values & Market Trends

Real estate market trends reflect that there have been 0 transactions over the past year in Lacon. The median value for residential home transactions that occurred over the previous year is $131,808.03. The number of current listings in Lacon is 2, and the percentage of properties for sale in the city is 2.00%. Lacon, IL currently has 4 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 2 properties for sale.

Lacon, IL Real Estate Market Overview

ZipMedian Est. Value
61540

$ 139,677

$ 99/sqft

Housing Market Summary for Lacon, IL

Mar 2023February 2024Change
Median Listing Price$129K$0-100.00%
Median Sold Price$0$0-
Homes For Sale12100.00%
Homes Sold00-
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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Recently Sold Homes

Explore recent offers and recently sold homes in Lacon, IL

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Browse Homes in Lacon, IL

Lacon home values range from $26,449 to $884,612. The median estimated value of a home in Lacon is $131,808.03. The median list price of a home is 121,250, and the total count of properties in the city is 1,008.

Foreclosure
There is 1 zips within Lacon, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $146,164 in 61540 to the lowest value of $42,800 in 61540. Foreclosure homes account for 0.00% of properties in Lacon, IL with 61540 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Lacon, IL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lacon, IL; of that zips, 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 Lacon, IL ranges from the highest value of $42,800 in 61540 to the lowest value of $42,800 in 61540. Bank owned homes and properties account for 0.10% of properties in Lacon, IL. There is 1 zips within Lacon, IL; 61540 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    61540 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Lacon, IL. Auction homes and other auction properties account for 0.30% of all properties in Lacon, IL. There is 1 zips within Lacon, IL; of that zips, the median estimated home value for homes going to auction ranges from $146,164 in 61540 to the lowest value of $61,210 in 61540.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.20% of residential properties in Lacon, IL with 61540 containing 2 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Lacon, IL; homes for sale in that zips, have a range of median values from $141,698 in 61540 to the lowest value of $137,656 in 61540.
    Sold Homes
    The median value for recently sold homes ranges from $0 in $[recently-sold-highest-avm-region] to the lowest price of $0 in $[recently-sold-highest-avm-region]. There is 1 zips within Lacon, IL. $[recently-sold-highest-count-region] has 0 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0% of properties in Lacon, IL.

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      Guide for Lacon, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      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.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?

      Recently Listed Homes Lacon, IL

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