New - 5 days on Rocket
$1,543 Closing Credit¹
#PA1256053, Ric Krupps, Listing Office: RE/MAX Traders Unlimited
61548 Housing Market Report January 2025•Woodford County, Illinois
Housing Prices in 61548, IL
How much do homes in 61548, IL cost?
Housing Market Conditions
Is 61548, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
61548 is a Seller's Market
Difference Since January 2024
At the same time last year, 61548 was a Neutral Market.
Insight
61548 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$266,000$121/SqFt
-$14,000
-5.0%
Based on all homes sold in the last 12 months
Insight
Homes in 61548 have sold for 5% less than they did a year ago.
Summary: The median home sold price in 61548 was $266,000 in January 2025, down 5% from last year, and the median price per square foot was $121.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $140K | $159.5K | +13.9% |
| 33 Bedrooms | $222K | $235K | +5.9% |
| 44 Bedrooms | $310K | $285.5K | -7.9% |
| 55+ Bedrooms | $490K | $355K | -27.6% |
Summary: 61548 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +13.9%. The home price for 3 bedroom homes increased by +5.9%. The home price for 4 bedroom homes decreased by -7.9%. The home price for 5 bedroom homes decreased by -27.6%.
Housing supply in 61548, IL
How many homes are available in 61548, IL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 20Last MonthJan 2025 | ||
| 232 months agoDec 2024 | -13.0 % Change MoMDec – Jan |
Summary: The 61548 real estate market had 20 homes for sale in Jan 2025, a 13.0 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthJan 2025 | ||
| 92 months agoDec 2024 | -44.4 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 2 | +100.0% |
| 33 Bedrooms | 10 | 9 | -10.0% |
| 44 Bedrooms | 7 | 6 | -14.3% |
| 55+ Bedrooms | 5 | 3 | -40.0% |
Summary: 61548 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -10.0%. The inventory for 4 bedroom homes decreased by -14.3%. The inventory for 5 bedroom homes decreased by -40.0%.
Asking Price vs. Sold Price
How much do homes in 61548, IL cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in 61548, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 61548 in January 2025, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and and 20% were sold over asking.
Days on Market for 61548, IL
How long does it take to sell a home in 61548, IL?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in 61548 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 5 homes were sold in 61548; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 14 DaysThis YearJan 2025 | ||
| 49 Days1 year agoJan 2024 | -70.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 61548 had an average listing age of 14 days in Jan 2025, down by 70.4% compared to the previous year.
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Newest Listings in 61548, IL
What homes are available in 61548, IL?
$2,607 Closing Credit¹
#PA1255841, Marilyn Kohn, Listing Office: RE/MAX Traders Unlimited
$8,074 Closing Credit¹
#PA1255721, Ryan Blackorby, Listing Office: Jim Maloof Realty, Inc.
$6,234 Closing Credit¹
#PA1255410, Adam Merrick, Listing Office: Adam Merrick Real Estate
$7,896 Closing Credit¹
#PA1255167, Amanda Allsup, Listing Office: RE/MAX Traders Unlimited
$2,136 Closing Credit¹
#PA1254758, Marc Wells, Listing Office: RE/MAX WRC Downtown
#PA1254667, Lisa Crocker, Listing Office: Keller Williams Premier Realty
#PA1254499, Liz Danner, Listing Office: RE/MAX WRC Downtown
#PA1254370, Jennifer Fielder, Listing Office: Freedom Realty
Backup offers
$5,344 Closing Credit¹
#PA1253309, Tracy Molendi, Listing Office: RE/MAX Traders Unlimited
#PA1252757, Julie Bowald, Listing Office: Jim Maloof Realty, Inc.
#PA1250257, Barb Primm, Listing Office: Re/Max Traders Unlimited
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MLS Disclaimers and Copyright
Based on information from RMLS Alliance, for the period 02/01/2023 - 02/01/2025
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: 2/23/2025, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.