Peotone, IL Home Values & Market Trends
Real estate market trends reflect that there have been 66 transactions over the past year in Peotone. The median value for residential home transactions that occurred over the previous year is $257,671.28. The number of current listings in Peotone is 2, and the percentage of properties for sale in the city is 2.00%. Peotone, IL currently has 7 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 2 properties for sale.
Peotone, IL Real Estate Market Overview
Zip | Median Est. Value |
---|---|
60468 | $ 364,247 $ 199/sqft |
Housing Market Summary for Peotone, IL
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $0 | $258.8K | - |
Median Sold Price | $252.1K | $258.8K | 2.64% |
Homes For Sale | 0 | 2 | - |
Homes Sold | 31 | 53 | 70.97% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Peotone, IL
Browse Homes in Peotone, IL
Peotone home values range from $35,073 to $968,464. The median estimated value of a home in Peotone is $257,671.28. The median list price of a home is 409,950, and the total count of properties in the city is 1,587.
- Pre-ForeclosurePre-foreclosure homes account for 0.38% of all residential properties in Peotone, IL with 60468 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Peotone, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $353,561 in 60468 to the lowest home value of $159,661 in 60468.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Peotone, 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 Peotone, IL. There is 1 zips within Peotone, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60468 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Peotone, IL. Auction homes and other auction properties account for 0.06% of all properties in Peotone, IL. There is 1 zips within Peotone, IL; of that zips, the median estimated home value for homes going to auction ranges from $273,364 in 60468 to the lowest value of $273,364 in 60468.
Compare Nearby Cities
More Real Estate Resources for Peotone, IL
Guide for Peotone, IL
A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.
How to find the cities to invest in for 2024 and make informed decisions for your financial future.
Between March 2023 and February 2024 the Houston real estate market witnessed a moderate rise in property values with mild fluctuations in the average selling price per sq ft.
The Saint Louis real estate market has displayed resilience amidst fluctuations, with average home values rebounding and a consistent upward trend in average sale prices.