61448 Housing Market Report February 2025Knox County, Illinois

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Housing Prices in 61448, IL

How much do homes in 61448, IL cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$147,450$96/SqFt
+$2,500
+1.7%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 61448 has increased by 1.7% since last year.

Summary: The median home list price in 61448 was $147,450 in February 2025, up 1.7% from the previous year, and the median price per square foot was $96.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
61428
+14.2%
61401
+3.3%
61448
+1.7%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1-$67K
N/A
2$139.9K$95.7K
-31.6%
3$140K$159.9K
+14.2%
4$210K$254.9K
+21.4%
5$58.9K-
N/A

Summary: 61448 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -31.6%. The home price for 3 bedroom homes increased by +14.2%. The home price for 4 bedroom homes increased by +21.4%. The home price for 5 bedroom homes did not change.

How does 61448, IL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

61448, IL

Housing supply in 61448, IL

How many homes are available in 61448, IL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
8Last MonthFeb 2025
52 months agoJan 2025
+60.0 %
Change MoMJan – Feb

Summary: The 61448 real estate market had 8 homes for sale in Feb 2025, a 60.0 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
221
-50.0%
336
+100.0%
401
+100.0%
500
0.0%

Summary: 61448 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for 61448, IL

How long does it take to sell a home in 61448, IL?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
43 DaysThis YearFeb 2025
185 Days1 year agoFeb 2024
-76.4 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 61448 had an average listing age of 43 days in Feb 2025, down by 76.4% compared to the previous year.

Newest Listings in 61448, IL

What homes are available in 61448, IL?

Nearby markets

MLS Disclaimers and Copyright

Based on information from RMLS Alliance, for the period 03/01/2023 - 03/01/2025

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.