Downs, IL Home Values & Market Trends

Real estate market trends reflect that there have been 34 transactions over the past year in Downs. The median value for residential home transactions that occurred over the previous year is $262,392.69. The number of current listings in Downs is 4, and the percentage of properties for sale in the city is 4.00%. Downs, IL currently has 2 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 4 properties for sale.

Downs, IL Real Estate Market Overview

ZipMedian Est. Value
61736

$ 454,460

$ 106/sqft

Housing Market Summary for Downs, IL

Apr 2023March 2024Change
Median Listing Price$385K$276.9K-28.07%
Median Sold Price$181.2K$276.9K52.82%
Homes For Sale54-20.00%
Homes Sold21224.76%
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 Downs, IL

Downs home values range from $27,592 to $846,138. The median estimated value of a home in Downs is $262,392.69. The median list price of a home is 326,950, and the total count of properties in the city is 685.

Foreclosure
There is 1 zips within Downs, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $253,964 in 61736 to the lowest value of $134,038 in 61736. Foreclosure homes account for 0.00% of properties in Downs, IL with 61736 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.29% of all residential properties in Downs, IL with 61736 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Downs, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $253,964 in 61736 to the lowest home value of $134,038 in 61736.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Downs, 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 Downs, IL. There is 1 zips within Downs, 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 Downs, IL. Auction homes and other auction properties account for 0% of all properties in Downs, IL. There is 1 zips within Downs, 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 0.58% of residential properties in Downs, IL with 61736 containing 4 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Downs, IL; homes for sale in that zips, have a range of median values from $633,541 in 61736 to the lowest value of $63,000 in 61736.
    Sold Homes
    The median value for recently sold homes ranges from $653,365 in 61736 to the lowest price of $43,090 in 61736. There is 1 zips within Downs, IL. 61736 has 22 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.21% of properties in Downs, IL.

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      Guide for Downs, IL

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      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
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      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

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      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Recently Listed Homes Downs, IL

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